Also a very good point, but we must not forget what protection really means. In a selfless train of thought the seller must think of the other buyer that may have purchased at "book" or close to it. OR, in the case I cited with the Cal-Neva material where the chip had a reserve of $1200. I just do not think it's fair to a previous buyer at $1200 to see me offer the chip at $840 (70%). Not too good of a business practice I would think. I also understand that buyer A and B are also looking for a miracle. <g>
JB
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