Saturday, February 16, 2008

Presidential Free Franks Last Minute Report

With less than 24 hours left five of the presidential free franks have at least minimum bids. Three remain without a bid yet. My minimum on these is 249.99 each, which would be a real steal if anyone actually got one that cheap. Yet stranger things have happened so I'm a little nervous. My expectations are that these should bring 1000+. Lots of lookers, lots of people "Watching" the auctions.

John Q Adams Minimum bid entered at 249.99, 104 people have visited this auction.
James Madison Minimum bid entered at 249.99, 91 people have looked.
Martin Van Buren dual autographs on letter and as free frank. 249.99 bid, 73 looked.
Millard Fillmore no bid, min 249.99, 72 have looked
John Tyler, $260.00 bid, 69 have looked
James Buchanan, no bid, min 249.99, 55 have looked
Martin Van Burn on piece, 249.99 bid, 53 looked
James Garfield, no bid 249.99, 44 looked.

I am surprised by the lower interest in the Garfield item. According to my sources, there are no
known presidential free franks from Garfield, who was assassinated early in his term. As such this Senatorial free frank from him should be a hot item.

I fully expect the bidding to be concentrated in the last couple of hours with a hot and furious final hour and a half starting just before 9:30 PM EST. Less than a third of the items offered have bids, all have moderate to high viewers, and the majority have between 2-10 watchers according to my ebay data.

Its going to be fun to watch. Be sure to get you bids in. Expect a little competition, but last batch almost 30% did not hit their minimums, so expect some bargains as well. Happy hunting!

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