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Posted By: Matt

Dave called this morning because he felt he would have worded some of the above post differently, and will send back his notes for posting once he has a chance.

Specifically, he wanted to clarify that Hunt does not offer "absolute auctions" (instead of the terminology "pure auction") and also that they DO bid with a house account to bring the lot up to the undisclosed reserve. He also wouldn't have used the word "hidden" to describe the reserve since he feels it has nefarious connotations.

I'm leaving the original post above unedited, so the comments make sense.