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<p>[QUOTE=&quot;4to2centBC, post: 3130684, member: 76181&quot;]I will try to address this quickly. </p><p><br /></p><p>Others use 80%, but their estimates are lower than an equiv specimen from Roma (since he aims for more realistic price) Therefore they have lower entry levels than Roma. MEANWHILE those other auctioneers know that they will deliver more bidders and higher prices for their sellers.</p><p><br /></p><p>Take a Deka that is worth $15k (a fair price in this example)&nbsp; You put a 10k estimate on it, put an opening bid of $8k on it, and it will sell better than putting a $15k estimate with an entry price of $12k. IN fact, put an opening price of $1 on it, in a Heritage Auction, and it will sell for probably more.</p><p><br /></p><p>AS for making offers afterwards, yes, you can offer afterwards, but once again, that is a flaw of the auction setup. The number of unsolds are very high on Roma compared to any other major house.</p><p><br /></p><p>Richard can do what he wants, but he is missing the bigger picture IMO.[/QUOTE]</p><p><br /></p>

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