Goldin Auction - Honus Wagner �Rookie Card�

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#16

11-02-2024, 07:47 AM

Exhibitman Exhibitman is offline

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How reserves may be used is a function of state law. Auctioneers located in states with less regulation are freer to do more hidden manipulation of an auction. You don't care for a particular auctioneer's policy, bitch to the state legislature.

All of the machinations have one goal: to generate 'action'. If the auction started at the reserve, there would be less action. The more bidders in an auction on an item, the more buzz it gets, the more likely others are to bid on the item. FOMO.

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Last edited by Exhibitman; 11-02-2024 at 07:48 AM.

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