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<p>[QUOTE=&quot;GDJMSP, post: 2477405, member: 112&quot;]All I see are disadvantages to private auctions. For one you leave the majority of potential buyers out, including all those who already have buyers waiting in the wings for specific items. And those people are the ones who bid items up. Two, advertising, potential buyers pay attention to advertising of major auction houses. Private auctions are not advertised. Auction catalogs - all major auction houses produce them, private auctions do not. The trust issue, people trust major auction houses, few if any trust private sellers. </p><p><br /></p><p>All of these things and more, this is what you pay for when you use a major auction house. They exist specifically because they have the ability to maximize realized prices. It is the business they are in and they know how to do it better than anybody else. It is what they do.[/QUOTE]</p><p><br /></p>

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