End of an Era - Higgins Armory Museum to close

Lee · 24th April 2013, 04:22 PM

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.

24th April 2013, 04:22 PM	#10
Lee EAAF Staff Join Date: Nov 2004 Location: Upstate New York, USA Posts: 940	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.