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<p>[QUOTE=&quot;Ken Dorney, post: 2462312, member: 76086&quot;]For some strange reason, CT wont let me quote messages today, so these are quoted from that thread mentioned above:</p><p><br /></p><p>&quot;They told me not to worry with reserves because they and I could bid to protect low sales figure.&quot;</p><p><br /></p><p>This is common practice in the auction world.&nbsp; Its called a &#039;reserve&#039;.&nbsp; The house can list a coin way low to attract bidders, but can bid it up to (and the buyer can as well in some instances) what the reserve price may be.&nbsp; I assume from his comments he says he could not bid and Heritage did not bid either up to his reserves.&nbsp; Matters little.&nbsp; Bottom line, he must have signed a contract somewhere outlining what he was willing to sell the coins for, and all the details would have been in there.&nbsp; If he is selling coins worth as much money as he says, he should have had an attorney check the contract.[/QUOTE]</p><p><br /></p>

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