Posted By:
Tom Boblittthe NOIZ level is not high enough here, that's what Marshall's here for......
I would venture to say that no more than 5-10% of any given large Mastronet or REA auction is due to DEATH. If even that much. Yeah....there's the occasional player's holdings or a hobby icon selling off after death but the VAST (repeat VAST) majority is dudes like all of us consigning to these auction houses along with dealers consigning. If you've ever been to the National, you will always see Bill Mastro and the minions out chatting up all the dealers trying to get them to put items--specific items--into their auction. It's not like your run of the mill estate sale that you schlep out to on a Saturday morning--those ARE due to DEATH quite frequently.
Anyway....it'll be interesting to see what shakes out over the next few weeks and months.......