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Reading REA...what is the purpose of the "Estimate"?

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04-13-2006, 08:59 PM

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Reading REA...what is the purpose of the "Estimate"?

Posted By: DJ

Mind blowing stuff but what is the significance of the "Estimate" beside the Reserve and does anyone know it's purpose? Is it simply the range or estimation?

I see items that will probably sell for 2x the estimate and some items that will probably sell for 5-7x the estimate. It can't possibly be what they think the items will sell for, can it?

Wow, the PSA1 Roy Thomas e107 is already at more than twice the estimate and I remember an REA some while back where a VG (I believe) was in a small lot.

Mucho Gracias, probably a stupid question.

DJ

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