to understand because the reasoning that you are stating seems to indicate that the Club should not list anything for fear of no bids and bids alike.

I placed a $6 proxy bid on the Club's Convention chip from 2008 (one that I do not have). The minimum bid was $4.99 (I think). I was outbid a short while later and the auction now stands at: $6.52. Since shipping is an additional $2.50, where is the Club losing money on this auction? Especially if the current bid (on day 1 of 6) is beat by someone elsem later on?

Thanks,

Jim