Collector-tip video · YouTube Short
What a Reserve Price Means at Auction (Video)
From Dion Abadi, Atlanta-based art and jewelry auctioneer and author · · 12 seconds · @dionabadi-official
Summary
Brief calm collector tip from Atlanta auctioneer Dion Abadi about reserve prices at auction.
From the published YouTube description.
On-screen text
This Short has no narration. The text below is exactly what appears on screen, in order.
- A reserve is the sellers minimum. If bidding stays below it, the lot may not sell.Ask if the lot has a reserve before you plan your bids.
Read the full guide
Further reading
Dion Abadi’s books cover the same ground in more depth, from estimates and buyer’s premiums to provenance and condition.
- The Collector’s Guide to Art, Jewelry, Watches & Auctions (A practical handbook for buying and collecting art, jewelry, gemstones, and watches, and for understanding how auctions work)
- Beyond the Gavel (A skeptical look at art, jewelry, and watches as possible stores of value, and at the hype that often surrounds them)
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General educational information, not legal, financial, or appraisal advice. Auction terms differ by house and sale; read the official catalog and conditions of sale before bidding.