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Old 24th April 2013, 04:22 PM   #10
Lee
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Join Date: Nov 2004
Location: Upstate New York, USA
Posts: 887
Wink true

Kai - I'll agree that the auction houses deliberately low ball their estimate ranges to bring more punters in the door. 'English understatement' is a nice euphemism for the practice. I bid on an item in the Christensen sale and was doubtful of my chances even at 2x the high estimate. I was not even the underbidder and it went for 6x.

freebooter - Congratulations; I'll look forward to seeing your new acquisition.
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