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Old 02-10-2009, 06:14 PM
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Default Auction Houses-Going, Going..Gone?

Posted By: Scott Fandango

Bruce, is your point a few auction houses will close?

That is no big news, and surely wont affect the hobby...

There are too many now, and the buyers premiums have gone too high...

Sure when all was fine and dandy they could get away with a fee close to 20%....Maybe they overexpanded "in the hey days" and a shake out needs to occur....

In this economy, there will be less money to go around and therefore less stores (auction houses) are needed....

Bruce spices up a simple thing to make it more dramatic...

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