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#15
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Quote:
Suppose Goldin, the seller, and the potential $3 mil buyer work a deal where the ball is offered with a $2.5 million reserve, and if the reserve isn't met, the buyer gets it for $2.5 mil. Something like that would mean: 1. Goldin gets a ton of publicity for offering another mega item, and chance to set a new record for a baseball. 2. Seller has the chance to score huge. 3. Seller has a guaranteed $2.5 mil, worse case scenario. The $3 mil offer people either miss out, or get it while saving a half million dollars. Or, they bid on it themselves. |
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