[Archive]

Posted By: Lance

I agree that there will be no solution to cure the entire problem. But, with record prices realized in EVERY auction, it makes me wonder. Is there never a situation where something loses a little value? Or, is there never an auction that is simply over-looked by the masses and a great deal is found? I do know if I won an auction and I won with a ceiling bid, I personally would feel better if the auction house had to justify maxxing my bid. Even if it was disclosing the first under-bidder only. A name, an email address, something to say someone else wanted this item ALMOST as much as I do. How many times do we see other congratulate others on the board on items they were the next in line for? I don't feel something like this would hurt the business and actually I see it as a way to increase business. The more I trust an individual or company, the more likely I will try to do business with them. Trust is everything and the auction houses are going to have to do something to reassure the public's faith. Anyway....
-Clint