Quote:
Originally Posted by bcbgcbrcb
Some top quality items for sure in this one. At least a couple of the postcards seem to have very high starting bids though. Don't the auction houses usually go with somewhere around 25% - 30% of expected value as an opening bid? The opening bids for the Novelty Cutlery Cobb and especially the Speaker appear to be almost their full-value to begin with unless I am really out of touch with prices..........
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I think you will see more and more higher opening prices as the economy is forcing it. Consignors have a major say in how the items they consign get sold. Auction houses are at their mercy and want to keep them happy.
That being said I would rather return something to a consignor than have them be thoroughly pissed that they got killed (realized price) on their item. All auction houses are different and this is my opinion only. TO those that will say..."then it's not an auction, it's a retail sale" I would say that is certainly your right to say that. I will stick to trying to help all of our consignors not get creamed.....And I realize this might not be a popular view but it is my view
