Reply to Thread

Message:: [QUOTE="900fine, post: 784752, member: 6036"]In general, auction houses tend to estimate low. That way, when the floor auction begins and folks see numbers bigger than estimates, it gives a postive aura - excitement - to the room. For some folks, that can lead to a case of auction fever. They are obviously not responsible for what the item actually brings. Also for obvious reason, they hope the item sells high. The responsibility for estimating the value of the item is clearly on the bidder - 100%.  To me, the title "Is Heritage Auctions playing fair ?" is inflammatory and inappropriate. If it was "a very special item", you should have a good idea of what it's worth and bid accordingly. I'm sorry you missed out, and hope you get another opportunity.[/QUOTE]