[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



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