Posted By:
barrysloateWhich brings up a good point:
It used to be that it was relatively easy to buy a large group at auction and break it up into individual units and make money. That is simply the break value of the lot.
Since I go after the larger groups I do track them, and it seems like a large percentage go for full retail value, sometimes in excess of its break value. I assume most of the people who buy these lots are looking to make money, so why do they go so high? I see this as a small shift in the way the market used to work.