Posted By:
Hal LewisI agree with you.
Why not just TELL US the reserve?
I guess because they don't want to be embarrassed if NOBODY bids on their "big ticket" items due to the reserves being too high.
Heck, I will consign ALL of my collection to Sotheby's ... and put reserves on everything that are 300% above market price.
If anything sells ... GREAT!!
If not ... GREAT!!
In fact, the MORE that I think about this ... the more it angers me ...
because it is a BOGUS way for Sotheby's to "PUMP UP" their auction and make it look "special" ... when in reality the T206 Wagner may not really even be "in play."
In other words, they may have convince the owner to let them "borrow" the card to hype-up their auction ... and it may have a reserve of $2,000,000 on it.
Just a way for them to make it LOOK like they are the "Big Cheese" of the auction world.