Goldin

edjs · #1 02-28-2018, 09:25 PM

So it got one bid and still didn't sell? That's interesting. Why even put a reserve on it like that, just make the opening bid what the reserve is.

botn · #2 02-28-2018, 09:36 PM

After Goldin making so much noise over the consignment this thing ended pretty quietly. Saw it coming especially after the 2 auction date changes.

My guess, based on their rules for reserve auctions, is the house had the one and only bid.

calvindog · #3 02-28-2018, 10:07 PM

Quote:

Originally Posted by botn

After Goldin making so much noise over the consignment this thing ended pretty quietly. Saw it coming especially after the 2 auction date changes.

My guess, based on their rules for reserve auctions, is the house had the one and only bid.

I would be shocked if the only bid -- if there indeed was one -- was not Ken's bid or some entity he controls making the bid. No way a real person would bid $15 million and not get it. Onto the next circus for him.

mantlefan · #4 02-28-2018, 10:10 PM

Quote:

Originally Posted by calvindog

I would be shocked if the only bid -- if there indeed was one -- was not Ken's bid or some entity he controls making the bid. No way a real person would bid $15 million and not get it. Onto the next circus for him.

I agree. He now has a price point of $15M in his back pocket for future buyers.

calvindog · #5 02-28-2018, 10:25 PM

Quote:

Originally Posted by mantlefan

I agree. He now has a price point of $15M in his back pocket for future buyers.

I can't imagine that anyone would fall for that. Though in this hobby anything is possible. No sane person is bidding $15 million for that.

jfkheat · #6 02-28-2018, 10:36 PM

It was supposedly appraised for $36M.
James

egbeachley · #7 03-01-2018, 06:17 AM

Quote:

Originally Posted by jfkheat

It was supposedly appraised for $36M.
James

Diamonds are appraised at 3x the price paid at a jeweler.

I don't believe that $15 million bid was real either. If it was then they should have accepted it and it would have been a Goldin success story. Hype a $3 million item for $36 million in order to get $15 million.

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