Auction Houses and blind bidding

[OTWCards]

Good luck to all those that challenge Paul's logic. One cannot have a rational conversation with another that thinks that their opinion is fact because they think it true.

Most of us that have been in the hobby for decades must be wrong for not lining up on the side of Paul's "facts" and for even suggesting that Paul's distaste for auction houses clouds his judgement and ability to accept a contrary viewpoint. Anyone that disagrees, therefore, is either an idiot or part of the machine that doesn't want to change the status quo.

I guess all of the notes, public and private sales records, auction databases and personal experiences that I and many others have assembled over the years are now worthless...

Thank you Paul for pointing out that so many of us in the hobby are lemmings just following blindly and throwing our money away. I feel so used...

[HRBAKER]

There are 2 major issues with AHs:

1. Most of them have large bidder lists

2. Most of those bidder lists include people who are willing to pay more than me for the items I want

Jeff

[drc]

Speaking of being priced out, I remember years back when a non-collector friend visiting from out of town was looking through my Barry Halpler auction catalogs and gasping at astoundingly high sell prices. I informed him he was looking at the minimum bids.