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<blockquote data-quote="angus9259" data-source="post: 601238" data-attributes="member: 7398"><p>As a buyer I'd prefer a minimum bid to a floor. Nothing rubs me the wrong way more than bidding and not winning. At least a minimum bid is straight up. Unless you make people aware of the floor . . . which would simply create a minimum bid. Eventually I won't go to sales with minimums unless they are posted because I really dislike putting the time in and not knowing your bid will go.</p><p></p><p>As a seller, I could see why a floor is important but I think they will ultimately hurt sales more than opening minimum bids.</p></blockquote><p></p>
[QUOTE="angus9259, post: 601238, member: 7398"] As a buyer I'd prefer a minimum bid to a floor. Nothing rubs me the wrong way more than bidding and not winning. At least a minimum bid is straight up. Unless you make people aware of the floor . . . which would simply create a minimum bid. Eventually I won't go to sales with minimums unless they are posted because I really dislike putting the time in and not knowing your bid will go. As a seller, I could see why a floor is important but I think they will ultimately hurt sales more than opening minimum bids. [/QUOTE]
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