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29d • General discussion
Some auction houses have no idea what they're doing
We assume that auction houses have the knowledge required to sell collectables, but that is definitely not always true.
This auction house is selling 144 painfully common US stamps in a weathered stockbook, with an opening bid of $30. Everything in the book can be purchased at 1c or less. Now look at the estimate they've placed on the lot, $65-$10,000.
They should stay in their lane and you should avoid listings like this like the plague
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Some auction houses have no idea what they're doing
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