Tetris

I wouldn't put too much stock into that Forbes article; this is a point-by-point rebuttal by Heritage: https://www.ha.com/c/ref/halperin.zx?type=surl-forbes

It was consigned to Heritage well before he died; the auction even opened for bidding about a week before he passed away. Watch the video lot description for more details:

If HA only put low-value junk in the weekly auctions, far fewer people would bother looking at them. High value lots like this make people check the auctions every week. On top of that, if you ignore the July result, this was actually a pretty strong result; a 9.6 A++ Collector's Edition sold in April for $31,200 all-in, so this seems in line with that. For all we know the consignor was perfectly happy to sell this lot now, while we know the market is strong, instead of waiting however many months for the next available Signature auction, by which point the market may have cooled off even more.

Yeah, I have a lot of experience in auctions (mostly in other collectibles). The live sessions are definitely exciting, but it does take up a lot of time!

On the auction side, it's so that the bids reach the reserve price organically, before the reserve posts. On the bidder side, you're incentivized to bid early because book bids take priority over bids placed after yours is placed or during the live session (e.g. if you have a book bid of $10k on a lot, and it opens in the live session at $9500, if someone else clicks the "Bid $10k" button, your bid on the book would take precedence. In the auction world, for the person who bid live in that scenario, that's called "being wrong-footed").

It says very clearly underneath the bid in your second screenshot "Reserve (if Any) Wil post on 11/15/2021 at 7pm." And so that's exactly what happened; the reserve was posted. HA is actually one of the few auction houses in the world to actually disclose the reserve price on a lot, so I think you anger here ("This is BS") is misplaced. Reserves on eBay (or Christie's or Sotheby's), for example, are totally hidden; with HA at least you get full transparency.

I don't mean to push, but that doesn't answer my question. It sounds like what you're saying here is that the starting bid is not $1000; you only have a minimum estimated value of $1000. So in your upcoming auction that starts in another couple of weeks, will lots be starting at $1000 and up, or below that (but each will have an estimated value of $1000 or more)? Estimates and starting bids are two distinct things.

I'm a little confused from your posts on this thread. Are you saying that Goldin has a $1000 minimum lot value (but that the bidding doesn't necessarily open at $1000), or a minimum $1000 starting bid for each lot? Those are two very different things.

Very neat tool, though the data is incomplete; it lists the top result for Pokemon Red as $84,000, which is missing the record result of $132k from July 2021: https://comics.ha.com/itm/video-games/pokemon-red-version-wata-94-a-sealed-sandshrew-first-production-gb-nintendo-1998-usa/a/7261-28115.s?ic4=ListView-ShortDescription-071515 This result for $72k also appears to be missing: https://comics.ha.com/itm/video-games/pokemon-red-version-wata-94-a-sealed-sandshrew-first-production-gb-nintendo-1998-usa/a/7242-93055.s?ic4=ListView-ShortDescription-071515 All-in-all I think it's really cool, but probably not accurate enough at this time to really be used for serious price research.