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Old 04-08-2008, 10:27 AM
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Default Group purchases in REA, Mastro

Posted By: MikePugeda

As the 2 big auctions are upon us, threads have been started discussing group purchases for certain lots. For example, one thread was started about purchasing the PC796 (Sepia postcard) lot. My question is, how are these group purchases structured? Are certain cards weighted so that, for my example,the person that wants the Wagner postcard pays a certain percentage, while others pay a lesser percent? Or does each person state the max they are willing to pay for the card they desire? If that is the case, how do they decide how much each is going to pay if the lot sells for less than the accumulative max limits set by each member of the purchasing group?

Just always been curious.

Thanks,

Mike

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