Palmer cues

This was highlighted on this forum a few days ago- It will a very interesting auction and will give all of us a good idea of the current demand/ value
for the Palmer cues of the first three catalogs. Of course many of the cues in this auction have been refinished and appear to be in top condition- a few feature Szamboti forearms, and, we have some more rare models and the Gene Balner personally constructed famous winding veneer Model M.

There is a lot of buzz going on about this auction and a very nice summer sizzler- sure to get many folks interest. Box cases galore as well!

The winners in this auction will receive their cues this summer and be able to hold in their hands a valued remnant from that "golden era" revival for pool in the early 60s up to the mid 70s when so many of the pool room mainstays had their games put on hold and marched off to the jungles in Vietanam - the fortunate men that returned to us mostly left their cue game on hold, and spent time in new life pursuits; the game took a while to recover from the loss - until 1986/87.
 
mikemosconi said:
This was highlighted on this forum a few days ago- It will a very interesting auction and will give all of us a good idea of the current demand/ value
for the Palmer cues of the first three catalogs. Of course many of the cues in this auction have been refinished and appear to be in top condition- a few feature Szamboti forearms, and, we have some more rare models and the Gene Balner personally constructed famous winding veneer Model M.

There is a lot of buzz going on about this auction and a very nice summer sizzler- sure to get many folks interest. Box cases galore as well!

The winners in this auction will receive their cues this summer and be able to hold in their hands a valued remnant from that "golden era" revival for pool in the early 60s up to the mid 70s when so many of the pool room mainstays had their games put on hold and marched off to the jungles in Vietanam - the fortunate men that returned to us mostly left their cue game on hold, and spent time in new life pursuits; the game took a while to recover from the loss - until 1986/87.
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So this wrapped up last week. My understanding is that it was a bit of a bust for the sell-side of the equation.

I picked up a First Catalog Model 7 at a reasonable price. But after the premium and shipping, I'd say it's about market for what the cue would be - maybe a bit less. Being from NJ personally (and having actually rented movies at a Palmer Video in the past lol) - I've always wanted a Palmer / Mayer / Paradise cue in my collection so this was a really nice opportunity and I didn't care that much about price as long I wasn't getting hosed. I'm not looking to resell.

That being said, the Buyer's premium was 25% on these cues, plus shipping and insurance. That adds up quick. One Model M went for like $1900. The Buyer's premium alone on that will be about $500.

A few cues didn't even get bids with modest opening prices though.

I had registration issues with the site that I just let go out of frustration and figured I'd pick a Palmer up later. You can find them without having to look too hard in the NJ area. Lo and behold, about 24 hours before the auction ended, my registration was suddenly approved and I wound up winning my bid.

In all the buyers did well. But the real winner was the auction house most likely.
 
I think that the auction prices accurately reflected, market value WHEN you factor in 25% + $25 admin fee + sales tax, + packing and shipping by third party. My win on this auction will cost me 50% above my bid price -- all in with the four extra costs I just mentioned. A $500 win will cost you about $750 all in-- so those that bid and were smart factored all of that into their bid price.

That being said- I think the total cost of cues sold fairly reflected expected market values today.
 
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