LOTG Auctions closing rules

[BRoberts]

Originally Posted by ruth-gehrig

Would your opinion be the same if you had an item consigned? How about multiple items?

Yes and yes.

I will not consign to an auction house whose auctions extend into the wee hours of the morning. Why? Because as a bidder I know I pretty much disregard these auction houses.

If an AH thinks it needs to extend its auction to 3 a.m. in order to maximize prices sold, my guess is it doesn't have a lot of faith in its bidder pool. So I choose not to consign with them.

Purely anecdotal, and many disagree. But when I hear the arguments on why it's a good practice, I don't agree with them.