I rarely pay attention to estimates, which may suggest that consigners should be overly concerned how estimates effect bidders. At best, they're like someone quoting Beckett book price in an eBay auction. Even if hi Becket is helpful to know, you don't actually use that as your bidding marker.
Some estimates are goofy and some are dubious, so it's hard to take them too seriously.
The subject of estimates versus realized prices would make for an interesting article.
Last edited by drc; 10-26-2011 at 12:15 PM.
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