I wonder if you correct Franc. Of course, they could immediately start posting reserves BEFORE the bidding starts, and also NEVER re-open a closed auction, except when there is an outage of service, and then both those problems would completely go away. I wonder if they will do so? Maybe if people start refusing to play in a rigged game.
Bruce On Sat, Oct 30, 2010 at 12:08 PM, Franc <[email protected]> wrote: > > > I think posting reserves is ridicuous. Why not just start the bidding at > the reserve? > > I think houses don't immediately post the reserve because they're hoping > more than one bidder will bid above the reserve. I'm also deeoply suspicious > when I'm the only bidder on a piece and the piece opens with the reserve met > at my opening bid. It makes he wonder what the reserve actually was and > whether or not I bid above the reserve and the house is > taking unfair advantage of that. I know legitimate auction houses don't do > that but I know for sure there is one auction (which I will no longer > partake in) that does this, as well as opening bids after the auctioneer > says "SOLD" because an internet bid is received late. > > FRANC > > -- Bruce Hershenson and the other 28 members of the eMoviePoster.com team P.O. Box 874 West Plains, MO 65775 Phone: 417-256-9616 (hours: Mon-Fri 9 to 5 except from 12 to 1 when we take lunch) our site <http://www.emovieposter.com/> our auctions <http://www.emovieposter.com/agallery/all.html> Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
