Quote:
Originally Posted by Vintageclout
Regarding the T205's at Goodwin's table, like Greg, I don't know much about them but have been hearing multiple horror stories from the major auctuion houses with reference to non-paying bidders. ... Thoughts?
Joe T.
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I think I remember receiving an e-mail from Robert Edward Auctions regarding its spring auction. More than 1,500 lots, and only one non-paying bidder. My guess is that REA has the same core pool of bidders as the other major auction houses.
REA is really dodging bullets. One non-paying bidder in an auction with that many lots, and other auction houses are getting stood up multiple times in auctions with one-third the number of lots.