Posted By:
martindl
I watched and participated in the Connoisseur portion of Mastro's auction yesterday and by and large Mastro and their consigners got hammered. Many, many lots sold for just opening bid, and action was very light on many items.
I will say that my participation in art and antiques auctions has not wavered, in fact its strengthened, over the past twelve months. Every auction I've been to, save one, had results that were very low compared to what similar items have sold for over the past two years. Its a buyers paradise for me and its definitely the economy.
Mastro's connoisseur lots were on Ebay also, and it still didn't help.