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#13
09-13-2006, 06:22 AM
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Auction Opening Bids
Posted By: barrysloate
The study may also not take into consideration one of the idiosyncracies of our hobby's catalog auctions- that bidders must first put in a qualifying bid before they can take part in the second phase of the auction. That's the main reason why I and others start low. I am not trying to create a false illusion that a card will go for a bargain, but making room for as many qualifiers as possible. The more bidders that qualify, the more who are likely to participate on the final night. Am I right 100% of the time? Probably not, but that has always been my auction model. 
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