[meteorite-list] a few other auction surprises
Mike Fowler
mqfowler at mac.com
Thu Feb 8 17:38:32 EST 2007
> There is a business reason that runs to the advantage of the
> auctioneer
> to keep the prices secret. If consigners don't realize that items
> sell for
> a fraction of normal prices, then they will be more likely to
> consign items
> to the next auction. If they think they will get very little, they
> won't.
>
> For the protection of buyers and sellers, the prices should be posted.
>
> Eric Twelker
If realized auction prices are abnormally low AND THEY ARE
PUBLICIZED, then next year there will be fewer consigners, and
MANY MORE BUYERS HOPING FOR A BARGAIN.
As a result of the prices being publicized, a more normal result
should be obtained the following year.
I rest my case.
Mike Fowler
Chicago
More information about the Meteorite-list
mailing list