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Net54baseball.com Forums - View Single Post - Goldin Auction - Honus Wagner “Rookie Card”
Thread: Goldin Auction - Honus Wagner “Rookie Card”
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Old 11-01-2024, 03:07 PM
benjulmag benjulmag is offline
CoreyRS.hanus
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Join Date: May 2009
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Quote:
Originally Posted by Peter_Spaeth View Post
So they can run you up to the reserve. I am surprised there has not been more angst about this. Back in the day there might have been.
Peter,

That is a recognized practice among most major auction houses, disclosure of which is buried in the fine print of the auction rules. I characterize it as legalized fraud, as its purpose is to induce bids on the mistaken belief there is genuine interest at that bidding level.
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