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Old 09-20-2007, 01:37 PM
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Default Irrational Exuberance Low Number High Grade 1933 Goudeys

Posted By: Zinn

I'm with you Al. Until such time as the auctioneers put realistic estimates and or disclosed reserves I'm inclined to pass as well.

What's wrong with a reserve? If a seller wants to protect his investment that's what he should do. I know it stiffles the bidding process but the thought of having sellers bidding on their own auctions, albeit through a straw, is repugnant to me.

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