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<p>[QUOTE=&quot;Ken Dorney, post: 2311446, member: 76086&quot;]Low estimates and starting bids do two important things for the auction house.&nbsp; One, it is good for advertising and getting collectors to consign to their sales.&nbsp; They can approach a collector and show them sales results which seem fantastic.&nbsp; The other thing it does is encourage bidders.&nbsp; Many collectors may be scared off bidding by a high estimate.&nbsp; Why bid if they feel they have no chance?&nbsp; With a low start bid many more people can participate than otherwise.&nbsp; </p><p><br /></p><p>Anyway, with live internet bidding now common practice, most people can still &#039;attend&#039; the auction without leaving a mail bid.[/QUOTE]</p><p><br /></p>

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