Quote:
Originally Posted by Tobra
Actually, yes it is what you said. He quoted you.
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This is what I said:
I am assuming televised auctions are a negligible sliver of the entire auction market.
I am saying that TELEVISED auctions are a tiny slice of the AUCTION market, NOT a tiny slice the ENTIRE classic car market.
He then replied with,
As I said in my earlier post, auctions account for only about 10% of classic car transactions.
He is saying that AUCTIONS are a small part of the classic car market, NOT the entire AUCTION market.
While a true statement, that was not the point. My point was that TV auctions do not represent the majority of real untelevised auctions, so you can not throw the baby out with the bathwater by saying only publicity hounds buy at auctions, when TELEVISED auctions are a tiny slice of the auction market. ie: What is the reason to buy at a UNTELEVISED auction?