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Old 05-02-2008, 11:44 AM
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Default Closing methods of Mastro Auctions etc......

Posted By: JimB

Barry,
I think there are more times that I have not bid because I fell asleep than not bid because of the 30 minute rule. I think it about a wash. The all-night thing is potentially a lot worse in an auction with 2000 lots compared to one with 150. But I am also a consignor from time to time, and I would still advocate for this system. I don't see prices realized as being all that low. It seems many were quite strong.
JimB

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