The Mike Gutierrez Auction in January was the biggest in terms of volume in company history. It was so large that more than 300 items were unsold … but they won’t be unsold for long. MGA has started a between-auctions auction that ends March 30 at www.mgauction.net, and this supplementary event turned into a monster, with 1,350-plus items.
“Because of the volume of my last auction, we had a lot of items that didn’t sell, and now we’re re-offering them at 50 percent of the previous minimum bid,” Gutierrez said. “Some of it is inexpensive, but some of it is pretty valuable. We’re re-running some items that are really quite nice and just got lost in the last auction. In the January auction, people passed on a 1943 team-signed Yankees photo. Why? I don’t know. Ernie Bonham died in 1949. So now we’re going to minimum bid it at $450, which is what an Ernie Bonham signature is worth.
“The Yankees seat – we started it at $1,000 and it didn’t go. Why? Those things sell for $2,500 – we’re talking about a seat from 1923, not a seat from the 1970s. So now there will be super-low minimum bids and no way people can pass up on them.”
Some highlights of this auction:
Jim Rice 1985 Boston Red Sox white home autographed jersey (shown far left). Blue Sharpie signature on front. MEARS authentication, PSA/DNA for the autograph.
Charles “Kid” Nichols signed 1952 typed letter to Warren Giles. Gutierrez called it “the ultimate Kid Nichols letter.” PSA/DNA authentication (shown at left).
“Gone With The Wind” signed display.
Hank Greenberg and Charles Gehringer scarce duo-signed ball.
Ray Nitschke 1970 Green Bay Packers signed player’s copy contract.
Theodore Roosevelt 1904 signed photo
Outstanding Frank Sinatra signed 1940s 8-by-10 sepia photo.
All of the autographed items in this auction feature authentication by PSA/DNA.
How does MGA manage to have 1,200-plus-lot auctions twice in three months? “It shows that stuff is turning, that material is turning in the marketplace,” Gutierrez said.
The next MGA auction is scheduled for June.