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Old 10-05-2005, 11:57 AM
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Default American Memorabilia T205 auction question

Posted By: warshawlaw

who's Curtis Bernard?

I like the idea of an auction going either way. If you really think about it, all the auctioneer is doing is treating the individual bids as a collective set bid, matching it against the actual set bid, and selling the set for the highest overall price. What's the difference, ultimately, between the auctioneer doing that and a bunch of us agreeing to go in together on a lot and break up the cards between us, other than the fact that the people in the AM auction don't know each other and haven't overtly coordinated their bid? I still think it is better for many collectors as well as for the consignors if the option under discussion is used. Collectors who are shut out of big lots get to participate and maybe pick up a card they really want and consignors get the maximum dollar for their cards. The only ones who are hurt are the minority of collectors who can afford to swallow major sets whole and the dealers who buy them and break them up.

I would be more likely to send my major sets or near sets to AM if I knew this format was to be used. I'd probably insist on it.

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