Building off what Scott said, what really confuses me are minimum bids that are high, but not high enough. For example, a $5,000 minimum bid on a card valued at $25,000. It's not high enough to function as a reserve, because if it sold for 5K the consignor would not be happy. But it also might be high enough to deter people from putting a placeholder bid on it as one of 100 items, because it might take too much of their prospective budget. So why do it?
__________________
198/240 1933 Goudeys (Ruth #144, #149, Gehrig #92)
136/208 T205s
47/108? Diamond Stars
|