[Archive]

Posted By: barrysloate

Adam- the private transactions between auction houses and well heeled buyers are perfectly fine if the lot never appeared in an auction in the first place. That's acceptable, because the consignor might request it. And I know what you are saying about closing an ebay auction to get a sure thing; but then why auction it in the first place? Auctions close early because ebay allows it. If there was no button to push to terminate every auction would run its course. Everyone knows when you list something you are incurring an element of risk.