View Single Post
  #836  
Old 02-08-2016, 06:30 PM
mickeymao34's Avatar
mickeymao34 mickeymao34 is offline
mi.ke-w0.ng
Member
 
Join Date: Aug 2014
Location: pacific NW
Posts: 158
Default low reserve

i believe some shillers shill because they don't wanna lose they're pants off. AH's set reserves at crazy low reserves. This is indeed not in favor of the consignor. AHs only care if item sells b/c bottom line is they still come out with a consignment fee and the only loser is the consignor.Perhaps a solution to this may be letting the consignor set his/her own reserve. At least that would eliminate those shillers who shill to avoid a loss. Its better for the consignor to buy they're own items back than take a loss and letting consignors set the reserve might solve that.

Last edited by mickeymao34; 02-08-2016 at 06:33 PM.