http://www.plcombs.com/plcombs-blogs-about-antiques/2008/11/the-auction-market-financial-market-woes-and-so-it-goes/ plcombs Antique Blog Mon, 06 Feb 2012 02:09:32 +0000 http://wordpress.org/?v=2.6.1 http://www.plcombs.com/plcombs-blogs-about-antiques/2008/11/the-auction-market-financial-market-woes-and-so-it-goes/#comment-2 Credit Crunch » The Auction Market, Financial Market Woes and so it goes.. Tue, 25 Nov 2008 05:13:19 +0000 http://www.plcombs.com/plcombs-blogs-about-antiques/?p=370#comment-2 [...] [Technorati] Tag results for credit wrote an interesting post today onHere’s a quick excerpt During the last few months: consignors and fine art auction houses large and small are feeling the repercussions of the credit collapse. While prices are still good, heady expectations are being met with stronger and growing resistance. Additionally highly valued lots are being removed at the last minute by nervous consignors who cannot cope with the thought of not getting top prices. Consequently these overzealous expectations translate into unmeetable reserves (i.e. minimums below which the i [...] [...] [Technorati] Tag results for credit wrote an interesting post today onHere’s a quick excerpt During the last few months: consignors and fine art auction houses large and small are feeling the repercussions of the credit collapse. While prices are still good, heady expectations are being met with stronger and growing resistance. Additionally highly valued lots are being removed at the last minute by nervous consignors who cannot cope with the thought of not getting top prices. Consequently these overzealous expectations translate into unmeetable reserves (i.e. minimums below which the i [...]

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