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#1
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Quote:
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#2
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Has there ever been such a high profile card up for "auction" at the major houses (where the reality was much closer to an overpriced BIN situation, so it didn't come close to selling?)
Hope this never becomes more of a norm. Not a good look for the industry. |
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#3
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REA Baltimore News Ruth last year
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#4
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I thought that sold - could be wrong
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#5
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It did. I don't know what Baltimore News Ruth he's referring to.
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#6
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My mistake. I was thinking about the Dunn from the same set that didn’t sell.
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#7
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Manipulation is a really loaded concept. It implies some sort of nefarious act. i don't think that's right. Goldin did nothing wrong. With respect to reserves, Goldin's rules are crystal clear on the point:
"All lots have a minimum bid designated in the catalog and the on-line listing. Certain lots may also have a reserve, which is the confidential price below which the lot will not be sold. The reserve may be greater than the minimum bid. At 10 p.m. eastern time on the day before the auction is set to close, a lot which has an unmet reserve will state “reserve not met’ in the individual lot page online. If the bidding does not meet the reserve at the close of the auction, the lot will be designated as “a pass, reserve not met". If reserves are legal and the AH follows the law, it is fair, just part of the business. Nothing to see here, folks. Also, not everything has to be an outright sale to be useful. We've learned that there is a ceiling on what a Wagner will bring in rough condition.
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