Quote:
Originally Posted by Leon
People must be looking at some different venue than you and I, Phil. I am with you but I say far less than 2%. I just did one of my saved searches. It came up with 13000+ items. When I hit the button for auctions-only, there were 157. Make of it what you want to, but I think 2% is high.
Again, maybe others are factoring it differently?
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If an item stays on the museum at a high retail asking price for 10 years, but an auction clears in 7 days, does that impact our perception and math when we look at a moment in time and attempt to compare the number of items up for auction v using BIN?
I suspect there are more auctions than we realize. But our perceptions tend to tilt the other way simply because of the museum factor for BIN items that malinger interminably.