Morean Auction

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Morean Auction

#1

Post by ConeAddict »

Big item Natty Boh Bock low pro went for $25500 before premium. One of a kind and a bock, thought it might crack 30. Lot's of other amazing cans as usual.

https://moreanauctions.com/catalog.aspx


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Re: Morean Auction

#2

Post by Flat_Top »

Got close with the premium, $4335, $29,825
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Re: Morean Auction

#3

Post by Woody »

I thought that there were 2 or 3 of those from a recent find a few years ago? Woody
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Re: Morean Auction

#4

Post by ConeAddict »

Woody wrote: Sat Dec 07, 2019 4:47 pm I thought that there were 2 or 3 of those from a recent find a few years ago? Woody
I think there are a few high pros, in the thread of unique cans I think it was debated whether the low pro is truly unique because of that. I think it is unless like you say there was a new find of them.
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Re: Morean Auction

#5

Post by pinnacle-project »

I would have loved to have the Continental Can salesperson sample in Lot #363 but at $7,750, my bid was less than what Morean will earn off their premium. :razz:

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Re: Morean Auction

#6

Post by Leon »

That's insane. I guess I should of bought Lewandowski's similar sample cone for $1,000 when I had the chance.
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Re: Morean Auction

#7

Post by Plusonegolfer »

I’d like to know who won the Natty Bock low profile. Does anyone know? There’s not a long list of guys that will pay that much for a can, and I know at least three that didn’t bid or didn’t end up with it...
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Re: Morean Auction

#8

Post by Mizmo64 »

ConeAddict wrote: Sat Dec 07, 2019 4:51 pm
Woody wrote: Sat Dec 07, 2019 4:47 pm I thought that there were 2 or 3 of those from a recent find a few years ago? Woody
I think there are a few high pros, in the thread of unique cans I think it was debated whether the low pro is truly unique because of that. I think it is unless like you say there was a new find of them.
I know of at least one lesser condition LP. It was acquired by another collector a few years back at Swap-a-Rama. I couldn’t believe it when he told me, but seeing is believing
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Re: Morean Auction

#9

Post by Rod S. »

Fox Deluxe can 65-8 sold for over $200. It is in great shape but price seems high. Rod s.
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Re: Morean Auction

#10

Post by willssoda »

Crap.....I'm sticking with sodas
Interested in all flat and Cone Soda and Water cans.
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Re: Morean Auction

#11

Post by Leon »

Schmidts Natural cone went cheap. :smt017
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Re: Morean Auction

#12

Post by Rand »

Best Beer
In my auction, it went for $3800:
https://moreanauctions.com/LotDetail.as ... toryid=947

Same exact can in this auction went for $1800
http://moreanauctions.com/Best_Export_L ... T3637.aspx


Trommers Bock
In my auction, it went for $1300
https://moreanauctions.com/LotDetail.as ... oryid=1167

Same exact can in this auction went for $2300
http://moreanauctions.com/Trommers_Bock ... T3756.aspx

Establishing beer can prices is more akin to a randomized Schrodinger cat experiment than anything else. All analysis of a particular can's price going forward must now and forever more include the caveat that the analysis is complete nonsense and the price is unknowable until Schrodinger opens the pricing box. Further, all discussion of can and industry price trends must include the statement "...and of course we have absolutely no idea what we're talking about".

I now return you to your previous Brownian motion.

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Re: Morean Auction

#13

Post by ConeAddict »

Quite a few cans didn't meet the reserve including the Old St Louis OI which I remember being at several thousand dollars.
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Re: Morean Auction

#14

Post by Jim Romine »

Tom, I always thought the Natty Bo Lo pro Bock was unique. Are there photos of the other example out there?
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Re: Morean Auction

#15

Post by Cap-Sealed »

Except for the exotics, you can get better deals at a can show or on ebay for that matter. I guess if you don't get out much, you are going to pay the piper BIG TIME!
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Re: Morean Auction

#16

Post by Leon »

Rand wrote: Sun Dec 08, 2019 2:29 am Best Beer
In my auction, it went for $3800:
https://moreanauctions.com/LotDetail.as ... toryid=947

Same exact can in this auction went for $1800
http://moreanauctions.com/Best_Export_L ... T3637.aspx


Trommers Bock
In my auction, it went for $1300
https://moreanauctions.com/LotDetail.as ... oryid=1167

Same exact can in this auction went for $2300
http://moreanauctions.com/Trommers_Bock ... T3756.aspx

Establishing beer can prices is more akin to a randomized Schrodinger cat experiment than anything else. All analysis of a particular can's price going forward must now and forever more include the caveat that the analysis is complete nonsense and the price is unknowable until Schrodinger opens the pricing box. Further, all discussion of can and industry price trends must include the statement "...and of course we have absolutely no idea what we're talking about".

I now return you to your previous Brownian motion.

Rand :-)

Rand, you Analysis proves what I've been saying for many years, You can't go by ebay or Auctions results or high bids to guess what your can is worth or might be worth as it's totally unpredictable & up & down like a rollercoaster ride. SO, When somebody sez there can is worth $500 because that's what it got on ebay or at Auction it more like it's worth $500 give or take + or - $400 realistically. For Example, I sold Rand one of my rolled Lucky O/I's for about $300 on ebay. It then resold at Moreans Auction for about $200, the guy that bought ( or stole it cheap) it at Moreans Auction then quickly through it (flipped it) on ebay for $600 over hyping it with lies & somehow accidently forgetting to mentioned it was rolled (playing dumb like he didn't know). So is the can worth $200 or $300 or $600? LEON.
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Re: Morean Auction

#17

Post by ConeAddict »

Cap-Sealed wrote: Sun Dec 08, 2019 10:35 am Except for the exotics, you can get better deals at a can show or on ebay for that matter. I guess if you don't get out much, you are going to pay the piper BIG TIME!
I try not to bring up specific cans in case someone here bought them but the thing that continues to surprise me is cans that go for $200-$300 on eBay go for $500-$1000 in these auctions. I always think the more common cans in the middle of all the holy grails should come cheaper but they don't seem to in Morean auctions. But then I just don't know enough about a lot of these cans especially the flats.
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Re: Morean Auction

#18

Post by Mizmo64 »

Jim Romine wrote: Sun Dec 08, 2019 10:10 am Tom, I always thought the Natty Bo Lo pro Bock was unique. Are there photos of the other example out there?
Jim
Jim, I don’t know if there are pictures that anyone else took, but I didn’t take any. I do know the Chicago collector that has it. Next time I see him I will ask for pictures.
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Re: Morean Auction

#19

Post by chicagocans »

ConeAddict wrote: Sun Dec 08, 2019 8:49 am Quite a few cans didn't meet the reserve including the Old St Louis OI which I remember being at several thousand dollars.
How do you know there's a reserve if the auction listing/description doesn't say there's a reserve?
I guess we find out after the auction ends . . .
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Re: Morean Auction

#20

Post by ConeAddict »

chicagocans wrote: Sun Dec 08, 2019 3:38 pm
ConeAddict wrote: Sun Dec 08, 2019 8:49 am Quite a few cans didn't meet the reserve including the Old St Louis OI which I remember being at several thousand dollars.
How do you know there's a reserve if the auction listing/description doesn't say there's a reserve?
I guess we find out after the auction ends . . .
I am just assuming there was a reserve because there is no final price listed, I don't remember any message during the auctions about a reserve but maybe I missed it.
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Re: Morean Auction

#21

Post by Plusonegolfer »

Mizmo64 wrote: Sun Dec 08, 2019 1:01 pm
Jim Romine wrote: Sun Dec 08, 2019 10:10 am Tom, I always thought the Natty Bo Lo pro Bock was unique. Are there photos of the other example out there?
Jim
Jim, I don’t know if there are pictures that anyone else took, but I didn’t take any. I do know the Chicago collector that has it. Next time I see him I will ask for pictures.
Just for clarification, are you saying you know a guy from Chicago that owns a second Natty Bock low pro, or is he the guy that just bought the one yesterday in the auction? I’m curious who bought the can yesterday...
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Re: Morean Auction

#22

Post by Mizmo64 »

Plusonegolfer wrote: Sun Dec 08, 2019 5:21 pm
Mizmo64 wrote: Sun Dec 08, 2019 1:01 pm
Jim Romine wrote: Sun Dec 08, 2019 10:10 am Tom, I always thought the Natty Bo Lo pro Bock was unique. Are there photos of the other example out there?
Jim
Jim, I don’t know if there are pictures that anyone else took, but I didn’t take any. I do know the Chicago collector that has it. Next time I see him I will ask for pictures.
Just for clarification, are you saying you know a guy from Chicago that owns a second Natty Bock low pro, or is he the guy that just bought the one yesterday in the auction? I’m curious who bought the can yesterday...
A second one exists in offgrade condition
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Re: Morean Auction

#23

Post by conesplus »

WOW!!!
Most of these final prices just blow my mind.
I mean absolutely no disresepct to Mr. Morean for having these auctions. He's doing a great job, (and laughing all the way to the bank.)

I do however question the sanity of many of the bidders.

I just do not understand the prices people are paying for most of these cans. (most will never be able to get their money out these "investment" cans.)
Seems like most of the common to mid range cans went stupidly over priced, (3 to 10 times over what it would normally sell for at a show)
Examples:
Fox Deluxe 1950's flat, $222 ????
Golden Pilsener 1950's flat, $468
GB block letter, $1,755
Hoffman house, $409
Karlsbrau, $210 ??? a true head scratcher. That's like a $10 can, not even a grade 1+
Pabst OI- the easiest one, $438 ??? HUH
Paul Bunyon, $1228 ??? HUH, (a year ago a $150- 200 can)
American cone top, $1,521
Edelweiss cone top, $409 ??? yea, I see that it is 4%, but HUH???
Rocky Mountain cone, $468
Schlitz lager cone, $1,404 ??? seems about 1K over priced
I could go on, but you get the idea.

PLUS, then the buyer has to pay the 20% buyers fee for each can... (so that an additional $280 to the Schlitz lager = $1,684)
PLUS, like $30 for postage.

Perhaps I'm off my rocker, but I just don't get it? You could get all of these cans I've mentioned above plus many more on ebay (same condition), for a whole lot less than what the winning bids are, (and you would not have to pay a buyers fee).
OR, go to a show and pay LESS THAN ebay prices.
Is it some sort of status thing??
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Re: Morean Auction

#24

Post by Leon »

I don't get it either, said that when the red Miller O/I got almost $1,500 a few Auctions ago. Then the common Red Miller got $800 here in Rusty Bunch? I had a much nicer Mint 1+ Schlitz Lager FB/IR cone I was happy to get $500 for only 1 year ago on ebay. LEON.
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Re: Morean Auction

#25

Post by chicagocans »

conesplus wrote: Sun Dec 08, 2019 6:17 pm Perhaps I'm off my rocker, but I just don't get it? You could get all of these cans I've mentioned above plus many more on ebay (same condition), for a whole lot less than what the winning bids are, (and you would not have to pay a buyers fee).
OR, go to a show and pay LESS THAN ebay prices.
Is it some sort of status thing??
Ebay does not bid against bidders -- I suspect that some private auctioneers may (not naming any names or pointing any fingers, though a certain private auction back in 2012 raised a number of questions on this forum). Of course an eBay seller might have his buds place shill bids, which is risky (could get caught or end up winning the auction unintentionally). Conversely, a private auctioneer controls the entire process. They know exactly how much people are pre-bidding and can, if they choose, self-bid (or "floor bid") the item right up to the max pre-bid or the undisclosed reserve (the amount the auctioneer or consignor wants/needs to get for the can in order to make a profit). It's akin to a Vegas casino -- where the house always wins -- but even better, since the house KNOWS what cards you're holding. The only thing stopping them from doing this is the auctioneer's own integrity and ethical values. The obvious solution is to STOP MAX PRE-BIDDING, since you're "showing your hand" to the seller and costing yourself more money. Pre-bidding doesn't work the same way it does on eBay.
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Re: Morean Auction

#26

Post by OhioCanGuy »

chicagocans wrote: Sun Dec 08, 2019 7:03 pm
conesplus wrote: Sun Dec 08, 2019 6:17 pm Perhaps I'm off my rocker, but I just don't get it? You could get all of these cans I've mentioned above plus many more on ebay (same condition), for a whole lot less than what the winning bids are, (and you would not have to pay a buyers fee).
OR, go to a show and pay LESS THAN ebay prices.
Is it some sort of status thing??
Ebay does not bid against bidders -- I suspect that some private auctioneers may (not naming any names or pointing any fingers, though a certain private auction back in 2012 raised a number of questions on this forum). Of course an eBay seller might have his buds place shill bids, which is risky (could get caught or end up winning the auction unintentionally). Conversely, a private auctioneer controls the entire process. They know exactly how much people are pre-bidding and can, if they choose, self-bid (or "floor bid") the item right up to the max pre-bid or the undisclosed reserve (the amount the auctioneer or consignor wants/needs to get for the can in order to make a profit). It's akin to a Vegas casino -- where the house always wins -- but even better, since the house KNOWS what cards you're holding. The only thing stopping them from doing this is the auctioneer's own integrity and ethical values. The obvious solution is to STOP MAX PRE-BIDDING, since you're "showing your hand" to the seller and costing yourself more money. Pre-bidding doesn't work the same way it does on eBay.
I noticed the "floor bids" coming in. Definitely caught my attention as this was an online only auction. There was no floor. Could these be bids from phone bidders, but entered by Dan? Or, is this Dan bidding against everyone?
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Re: Morean Auction

#27

Post by OctoberAle »

That Cap Sealed can is the very can I bought in a group back in 2016.
I guess I should have held onto them, or put them in auction, as the one can just sold for more than the entire group price back then... :shock: :shock:
I'll generally agree with the gist of Rand's sentiments - I have no idea anymore how to assess values for good cans. :smt102
And for that matter, even fair to middlin' cans have become a perplexing unknowable quantity when it comes to these auctions.
I'll add that the 'Cap Sealed' cone is a really cool can, and so is the other 'Lager Beer' cone pictured here, so a strong price for either doesn't really surprise me. I just never dreamed it would be that strong.
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Re: Morean Auction

#28

Post by Cap-Sealed »

chicagocans wrote: Sun Dec 08, 2019 7:03 pm
conesplus wrote: Sun Dec 08, 2019 6:17 pm Perhaps I'm off my rocker, but I just don't get it? You could get all of these cans I've mentioned above plus many more on ebay (same condition), for a whole lot less than what the winning bids are, (and you would not have to pay a buyers fee).
OR, go to a show and pay LESS THAN ebay prices.
Is it some sort of status thing??
Ebay does not bid against bidders -- I suspect that some private auctioneers may (not naming any names or pointing any fingers, though a certain private auction back in 2012 raised a number of questions on this forum). Of course an eBay seller might have his buds place shill bids, which is risky (could get caught or end up winning the auction unintentionally). Conversely, a private auctioneer controls the entire process. They know exactly how much people are pre-bidding and can, if they choose, self-bid (or "floor bid") the item right up to the max pre-bid or the undisclosed reserve (the amount the auctioneer or consignor wants/needs to get for the can in order to make a profit). It's akin to a Vegas casino -- where the house always wins -- but even better, since the house KNOWS what cards you're holding. The only thing stopping them from doing this is the auctioneer's own integrity and ethical values. The obvious solution is to STOP MAX PRE-BIDDING, since you're "showing your hand" to the seller and costing yourself more money. Pre-bidding doesn't work the same way it does on eBay.
The pre-bidding on these auctions seem awfully early and high. It is not 1999 anymore and most bidders are smarter now and don't bid early and often. So what's up ???? :smt017
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Re: Morean Auction

#29

Post by Roy Rogers »

Being a green-horn in this hobby, I put forth my question. When I went back to look at all the auction results, I noticed the cans were in different spots on the web page than they were during the auction?

There was an Eigenbrot's can that was for sale, and I think went for an unbelievable $3,800, however, it appears to have been removed from the auction results page? What does that mean??

Yes, I agree with the others, the prices were stupid crazy. It is my hypothesis that most of the people who were bidding the prices to the moon are suffering from the "wealth effect" syndrome". With the stock market closing at a record high, these folks mistakenly believe that they are worth more than they really are.

That is my take on it anyway.
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Re: Morean Auction

#30

Post by jacoby4664 »

If the can disappears from the final listing prices on the site, it means it did not sell. It means there was a reserve, that no one knows about, and that the can did not reach the reserve.
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