Quote:
Originally Posted by Al C.risafulli
Most of the time, when I run an item with a reserve, it doesn't meet the reserve. That doesn't help my consignors, and it doesn't get bidders excited.
This is a good thread. There are a lot of good questions in it. A lot of them are hard to answer in writing, I think, but I'd certainly be happy to sit and do an in-person Q&A with a group - maybe at the national?
-Al
|
Truer words Al...It simply doesn't matter what the item is...reserves create the opposite of buzz. The same can be said with opening bids as well. When a potential consignor pushes for a high opening bid, despite showing them evidence that higher opening bids lead to lower prices, I often question if they will be happy with any result. Congrats on a good auction Al and we're hoping to have a good one tomorrow night as well. I think a Q&A would be fantastic.