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#1
05-06-2010, 07:58 AM
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In many other areas of collectibles (coins, art) auction houses will guarantee a minimum realization on better pieces. It the piece doesn't sell for the minimum the house buys it. Perhaps, given the competition amongst many auction houses, it is time to seek similar guarantees in the sports collectible arena.
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#2
05-06-2010, 08:25 AM
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Quote:
JimB
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#3
05-06-2010, 08:35 AM
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Shilling? You think that is shilling? You must be joking. Please tell me you're joking. Please.
__________________
http://www.flickr.com/photos/calvindog/sets
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#4
05-06-2010, 08:42 AM
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Jim--House doesn't even have to bid. This amount can be the reserve on the lot and the auction opens at the reserve. If there are no bids the house has to buy it. If one person bids the house is off the hook.
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