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Old 11-18-2004, 07:07 AM
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Default Sothebys / SportsCards plus catalog came -- are "Reserves" nomral?

Posted By: JimB

1) I don't think Mastronet has reserves, other than their very low minimum bids.

2) Though it will probably sell for an astronomical amount anyway, that the estimate for the Ruth bat is 1 million does not mean that is the reserve necessarily. If you read the auction rules, it means that the reserve will be no more than one million. It could be anything below that conceivably. Of course it is way out of the price range for 99% of us regardless; even if they had no reserve, it would probably sell it that range... just thought I would clarify. It is always good to read the auction rules.

JimB

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