REA launched its fixed-price marketplace Wednesday, debuting with more than 600 items listed, ranging from a Shohei Ohtani game-worn jersey ($500,000) to a George Mikan Type I photo ($50,000).
The move comes three months after the auction house, formerly known as Robert Edward Auctions, announced its rebrand to REA, including a new bidding platform and an expanded list of categories.
Sellers who submit items to REA’s fixed price marketplace must keep the listing up for at least 30 days, with the platform offering a 5% rate for consignments valued over $100 for a limited time.
REA has sold two of the most expensive cards in history: A 1914 Baltimore News Babe Ruth rookie for $7.2 million and a T206 Honus Wagner for $6.6 million.
Will Stern is a reporter and editor for cllct, the premier company for collectible culture.