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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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  #7  
Old 11-02-2024, 01:31 PM
Lobo Aullando's Avatar
Lobo Aullando Lobo Aullando is offline
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At the simplest level, if there's a scenario where
  1. A buyer would pay up to $150,
  2. The seller wants at least $100, and
  3. No other potential buyer would bid above $50

... then how is the transaction that the first two parties want to take place actually going to happen? (I'm leaving out max auto-bidding and other fancy stuff, just focusing on the base concept.)

Lots of different hairs getting split in this thread, but I'm not seeing a net loss, regardless of how the reserve gets hit. The auction house is also supposed to get the most for the consigner, so if the extra motion draws a few more fish – I know, I know, or whales, which are mammals – then they're fulfilling that.
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