If something was my gold standard, like I want this to fund my retirement kind of piece, I’d be terrified that it would somehow magically fly under the radar and crush me. Rational mind tells me that wouldn’t happen. But I’d be awfully worried. Maybe with my dumb luck someone offers a slightly nicer version in an other auction next week and now I’m totally in a panic …..
Can understand why a consignor might insist on one in some cases.
I agree it takes the wind out of an auction many times.
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