View Single Post
  #10  
Old 10-26-2017, 02:40 PM
Leon's Avatar
Leon Leon is offline
Leon
peasant/forum owner
 
Join Date: Mar 2009
Location: near Dallas
Posts: 34,294
Default

Quote:
Originally Posted by oldjudge View Post
I think Heritage’s method of handling reserves is best. With a week to go post the reserve so bidders know what the target is.
Heritage does it a good way. There has to be transparency as to the reserve before the auction ends or it sucks . And I agree that a solution can be starting the opening at the reserve. If it doesn't sell with a high opening the world economy won't change and no one will be out a ton of money or too disappointed.

.
__________________
Leon Luckey

Last edited by Leon; 10-26-2017 at 02:43 PM.
Reply With Quote