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Posted By: JimB

And that article has virtually nothing of substance against Mastro. People have bid on their consigned lots? I garuntee you they have done so in every auction house, including those with Honest Auto-Bid. They just do it via a friend in those cases.

If somebody consigns a lot that they think is worth 20k and there is a minute left in the auction and it is still at 5k, if they would rather keep it at that price and are willing to swallow the BP and buy the lot for 5.5k, who could blame them, especially when Mastro starts all bidding at about 5-10% of expected value and does not allow for reserves?
JimB