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Posted By: Mark

Rand:

Mastro just recently started doing their Live Auctions IN ADDITION to these. I don't recall the total prices realized for their recently concluded Live auction, but a better indication would be to add that LIVE total to the $5 million realized from last night.

The breadth of material and quality of consignments from both combined are more comparable to their Catalogue Auctions of 3 - 4 years ago. Just my opinion...

What I did find startling were the huge number of "Conoisseur" Lots that went unsold. That portion of the Auction looks like a disaster. Either Mastro set their reserves way too high, or the economy for those pieces has completely tanked (or both). I wonder if they will even bother with the Conoisseur portion next time... I would think consignors will be scared away. Check out the percentage of unsold lots... especially with regard to the dozens of perfume bottles, attache cases, silk ties, etc.