Goldin Auctions - Today is Final Day of Internet Bidding for Session 1

[oldjudge]

Ken--with several major items failing to meet their reserve, how about waiving the buyers premium on these items so that they may sell? If they don't sell you don't get the buyers premium anyway.

[ZachS]

Originally Posted by oldjudge

Ken--with several major items failing to meet their reserve, how about waiving the buyers premium on these items so that they may sell? If they don't sell you don't get the buyers premium anyway.

Would you want to sell a $400,000-$500,000 item and not collect the premium? I wouldn't.

[kengoldin]

Originally Posted by oldjudge

Ken--with several major items failing to meet their reserve, how about waiving the buyers premium on these items so that they may sell? If they don't sell you don't get the buyers premium anyway.

on some of those items, the consignor reserves are actually higher then the posted reserve, and I am going to be giving them a nice portion of my BP to make up the shortfall so they get their reserve in full.

I actually do not even know if I am legally allowed to waive BP in an auction, but believe me, I want to make these sales and will do whatever is legally possible for me to do so.

[Jewish-collector]

Ken - Have you thought about having a live auction during the National ?

[kengoldin]

Originally Posted by Jewish-collector

Ken - Have you thought about having a live auction during the National ?

not THIS National