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Showing content with the highest reputation on 12/04/2022 in all areas

  1. 3 points
    I really don't get the aggravating philosophy of having a starting bid less than the minimum bid. It IMHO does NOT generate bidding frenzies or increase of actual buying interest.
  2. 1 point
    it is always a loss when records disappear in disasters natural or otherwise just leads to silly old fools like me making speculatory statements LOL
  3. 1 point
    There are several reasons that the auctioneer will start below the lower estimate - There is no reserve. The reserve is lower than the bottom estimate. He thinks the estimate/reserve is too high and he wants to move on quickly. He's going to bounce bids "off the wall" to get interest going. (He's allowed to do this in a limited way up to the reserve by law) He's trying it on as previously suggested but this is rare and self defeating. I could never understand the secrecy about reserves. As a porter I was only allowed to say that it wouldn't be higher than the lower estimate. Don't forget the estimate is usually based on guesswork and a wee bit of research. The reserve is totally down to the customer and the auctioneer can only recommend a figure. A lot of customers usually have an inflated idea of the worth of an object. A lot of estimates are a bit like basing who is going to win a football match by reference to teams from 10 years ago. 🤣
  4. 1 point
    yes I am afraid my experience of prisons is that they are full of people with prior mental health issues. I know many see the mental health angle as a gift to anyone and everybody but I am afraid to say the reason why anyone and everybody says it sadly is that it is a realism rather than a gift. I live in a very deprived area and experience the impact on the lives of young people around me from parents who are themselves victims of their own histories. The North East , like so many has had long term underfunding and removal of almost every piece of funding that might have offered a help line. Budget cuts just see a saving and ignore at their peril the long term impact of community breakdown. It is a shame that people cannot go fund youth services locally with Go Fund Me pages. I am not a great lover of humans but I do think you have to give young people opportunities or else the crime becomes an easy option. Effective treatment of offenders requires a lot more people with a lot more patience in well run community services and true the victims too need support. I have a horrible feeling at the moment that systems play on division as a distraction one group fights another....It feels like the 70's again at the moment which was an ugly bleak miserable time. I have both Durham Prison and Franklin prison down the road so always aware of how miserable life is behind bars. I do feel something for the home owner but it is very easy to go beyond self protection.
  5. 1 point
    There's 14 known on Richard's rarest pennies site, which makes it about level with the 1877 F90, narrow date, but somewhat better state of preservation. link
  6. 1 point
    Maybe the sellers could mention what the actual reserve is, before the auction finishes.





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