... popular -- and full, as far as consigned lots are concerned. And, as far as that goes, it's good.
However, it seems to me that the current practice prevents the auction from reaching its full potential. The CC>CC is the premier casino collectibles club in the world (maybe the only; I'm not sure). As has been said here several times, it is the largest specialty group in the ANA. The convention is the club's premier event of the year and the auction is, at least arguably, the premier event of the convention. It should be the biggest and best casino chip auction of the year -- and as such, it should include the best, most desirable material.
Furthermore, while it is good that we have a full allotment of consigned items, wouldn't the club benefit more if the available lots sold for higher prices? Since the club draws a percentage (20% total) of the sale price, the financial benefits of more high end material should be obvious. I gather from the discussion thus far that this has been hashed out previously; and that there is a downside (non sale if minimum bids aren't met). It seems to me that there must be a middle ground that would attract more premium material without hurting the club financially.
Of course, I also recognize the value of having more common (lower priced) material available in the auction, to give everyone, even those on modest chip budgets, an opportunity to participate. I guarantee you, though, EVERYONE sits up and takes notice (and enjoys it) when the bidding on anything hits the mid-three to four figure range.
Perhaps the 2001 auction would be a good time to revisit the issues.
----- jim o\-S
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