Re: Thompson Sale As a Price Precedent


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Posted by R. John Howe on June 15, 1999 at 03:53:24:

In Reply to: Re: Mistakes: Too Few to Mention? posted by Yon Bard on June 14, 1999 at 11:43:04:

Dear folks -

Marvin and Yon indicate that dealers have sometimes justified higher price by referring to the prices obtained in the Jon Thompson sale.

I have sometimes used them successfully in precisely the reverse way, arguing that it was a hyped sale and that prices were inflated. In one case I did about five years of comparative research to demonstrate this. I own a very nice six-gul Tekke torba (Pinner estimated it "before 1850) that I bought at my price on that argument.

Regards,

R. John Howe




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