Goldin Auction - Honus Wagner �Rookie Card�

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#24

11-02-2024, 01:31 PM

Lobo Aullando Lobo Aullando is offline

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Join Date: Sep 2020

Location: Emerald, Evergreen

Posts: 314

At the simplest level, if there's a scenario where

A buyer would pay up to $150,
The seller wants at least $100, and
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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