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#11
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I am not a fan of reserves but I can understand its usage in some cases.
Especially if the seller has a lot into the card. We all know these posted prices of cards sold publicly but do not know if the cards sold privately and if the seller has significant invested in it and is afraid of a loss. Perhaps the seller is “attached” to the card and is not willing to sell unless their price is met. When you sell privately you have a price that you are willing to sell at and if others give offers you are not happy with you as the seller say No. you control your reserve since you decide when to sell it. So if the seller wants to have a reserve and if the auction house agrees to it and they negotiate whatever they negotiate then they are all just playing by the agreed upon rules. We may not like it but it is the right of the seller to sell or not sell as he chooses. I agree with most no reserves usually means more bids and hopefully higher sale prices. And as mentioned many auction houses do not do reserves and sometimes loses opportunities to sell certain items. Again there choice to have their auction there way. Would love to see those items sold and go to a good collectors home. But potentially not and potentially redone another time.
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Thanks all Jeff Kuhr https://www.flickr.com/photos/144250058@N05/ Looking for 1920 Heading Home Ruth Cards 1920s Advertising Card Babe Ruth/Carl Mays All Stars Throwing Pose 1917-20 Felix Mendelssohn Babe Ruth 1921 Frederick Foto Ruth Rare early Ruth Cards and Postcards Rare early Joe Jackson Cards and Postcards 1910 Old Mills Joe Jackson 1914 Boston Garter Joe Jackson 1911 Pinkerton Joe Jackson |
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