Coming in waaaaaay below the pre-auction estimate
“Famed artist Billy Woble’s painting estimated at $3,000,000 – $5,000,000 sells at auction for $7,500,000,” instead of “Famed artist...
Coming in waaaaaay below the pre-auction estimate
Auctioneer setting the bid in at the stated minimum?
Can auction bidders pay too much or over value?
Come get a bargain?
Cost, Price & Value
The word “auction” in culture
Absolute but soliciting pre-bids?
The issue with secret reserves
Auction after [no] sale
Selling the discount and/or the value?
Auctions with “market support”
Auction Prices
How much will I get at auction?
Does an auction price equal market value?
What some collectors can’t find? Buyers.
The auction crowd appraisal
Value anchoring in the auction business
Auction performance fees
I’m going to sell it at auction; what’s it worth?
Calculations regarding real property at auction