Price estimates at Liveauctioneers
Of course, Catawiki is not the only auction house that provides unreliable and inconsistent price estimates for their lots. I have written before on how important price estimates are and what their real purpose is. They should serve as a reliable guide for potential buyers who are not experts in the respective field. Instead, they are being used as a marketing tool, and it is being done in a very shameful, unethical manner. These inflated estimates are used to delude…