[barrysloate]

Glyn makes a good point that the hobby can survive without everything being auctioned. To clarify my point of why I don't think it's a good thing is there was a time a few years ago when you could put a card up for auction, start it at a penny, and still be certain you would achieve a great price.

Because of the current market conditions, you can't do that anymore with full confidence. So it's the state of the market which is causing the no reserve auction format to disappear.