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DDMy understanding, and I may be wrong, is that Mastro does the same thing. This is not bothersome as the item would not sell anyway if the person(s) bidding does not meet the reserve.
The problem with this is that no distinction is made in the reported results of the auction. You cannot tell what sold and what did not meet the reserve. This can artificially inflate the price of the item(s) the next time they are up for auction, if the reserve has not been met. I'm sure we have all muttered at some point, "did you see what that sold for in Mastro's auction?" The problem is it may not have sold.
As I stated above, this is what I have been told. Can anyone support or refute this?