I've noticed a curious phenomenon in Heritage Auctions. 

 

On some items, as soon as the auction is barely over, there appears a link
MAKE OFFER TO OWNER, and under it is added  " This item's Owner is
proactively entertaining Offers". 

 

Would anyone care to chip in and explain to me what this is all about?  Who
are those buyers that turn around and try to sell as soon as they became
winners of the item? Are these investors? Dealers?  And who is their target
audience? Heritage "regulars"  who just happen to miss this auction? Because
anyone who participated in the auction, already bid as high as they would
care to, or so it seems.

 

I don't get it.  Can somebody illuminate?

 

Thanks, Zeev

 

 



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