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What's wrong with this Beatles Card?

Here is the listing

http://www.ebay.com/itm/LENNON-McCARTNEY-STARR-SIGNED-BAR-MENU-BEAT...

A quick check on seller shows item was originally sold for $1799, one bidder, limited experience (59 feedback or so) in late May 2015

The auto is in crappy shape, and that is clear from the pictures, it has a Caiazzo LoA which matches the picture. Not an expert here but signatures appear legitimate. Given Caiazzo's experience and reputation, I have concentrated on comparing the listing to the LoA

Seller's track record not there, and that sends warning signs. Lack of bids (if real, it is still John Lennon, with a PMcC kicker...) suggests some level of skepticism. Seller also has listed an accompanying Harrison with a Perry Cox LoA, so from a TPA perspective, if real, these are 2 of the top 3 for Beatles (Roger being the 3rd)

So, what am I missing? I do not want to start a bidding war, but clearly, this has been listed before and no takers.

Thoughts?

LENNON-McCARTNEY-STARR-SIGNED-BAR-MENU-BEATLES-18TH-AUGUST-1963-AUTOGRAPH

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Permalink Reply by Bruce Juice on June 24, 2015 at 11:34am

No reason to think this is not real. Although I'm surprised in Frank Caiazzo's letter he states these are "Nicely Signed" as it has lots of skipping, some fading, an upside down Lennon, and a crinkled paper which accounts for the lower price. Seller has over 300 sales and all positive feedback so not sure why you say "seller's track record not there." I think it's fairly priced in today's market.

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Permalink Reply by Bernie on June 24, 2015 at 12:57pm

Thanks for the feedback

When I look at seller track record, I look at what he sells. Often times sellers will build "feedback" by selling $5 trinkets by the dozens, before the $1900 Beatles autograph...... To me that is not sign of a good track record. If seller sold autos, I might look at it differently, but, in my case, 300 positive feedbacks on items whose aggregate value is less than the one item being sold, I do not consider that a track record...... Just my way of looking at it.