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The value of a signed and numbered Lee LeBlanc Quarterman's Reserve painting can vary significantly based on factors such as its size, condition, and market demand. Generally, these artworks can range from a few hundred to several thousand dollars. For an accurate appraisal, it's advisable to consult with an art expert or appraiser who specializes in contemporary art. Additionally, checking recent auction results or sales from galleries can provide insight into current market values.
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Should a reserve price be declared in an auction?
Declaring a reserve price at an auction generally defeats the purpose of having a reserve price. Let's look at the situation. If a reserve price was placed on an item at an auction and revealed, that would be effectively the same as setting a starting price for the auction. Bidders would know that the unit on the block had a reserve of, say, $100, so unless someone was willing to bid $100 for the unit, why bother to bid at all? The auction bidder would bid the $100 or just remain silent and wait to see what happens next. If a reserve price was placed on an auction item and not revealed, bidders would get a chance to bid against each other and attempt to win the item. As the gavel falls on the last bid, the highest bidder would know he had outbid his competition, but would have to wait to see if he met the reserve. This frustrates many bidders. Further, many bidders simply won't "waste time" bidding on anything with a reserve. Their attitude is to have the seller and auction company set a starting bid and everyone can take it from there. Auctions with a reserve often don't attract nearly as many bidders as they would if there was no reserve. True, the seller won't get to "insure" a minimum return for the item, but that seller will get many more bidders to jump in by not having set a reserve. Anyone who follows eBay auctions will know the general ideas presented here are on point. Lots of eBay items with a reserve (that is not declared) will simply have time expire on the auction without attracting any bidders at all. Most bidders who might be interested in an auction item with a reserve will just pass on it rather than get involved in any bidding. Why bother to bid and attempt to outbid competitors only to risk falling short of a reserve price that is beyond what a bidder bid? Or a price that is beyond the maximum that a bidder would be willing to pay for the item? Auctions with a reserve tend to stiffle bidding.
What does a duck symbol on an ordnance survey map indicate?
It is a nature reserve.
Is the coastguard a part of department of defense?
The Coast Guard Reserve is NOT part of the Department of Defense.
Is there a us federal resere bank starting with the letter m?
The Federal Reserve Bank of Minneapolis
What exactly does Spartan Reserve mean except for a battle stance used by the Spartans?
If you are referring to the movie 300 it simply means that a certain serenity or calmness under fire is associated with being a Spartan soldier. Thus, to keep your Spartan reserve, is to be calm, cool, and collected in the most difficult of circumstances.-Yogi Singh Raina
If there are full set of the first 50 years of the ncaa final four by john Boyd martin?
yes there are a total of 1060 950 numbered impression 95 artists proofs 15 reserve proofs. I own a numbered impression. i also know for a fact that that about 20 were damaged and destroyed!
Is capital reserve a free reserve?
capital reserve is not a free reserve
Is revaluation reserve a capital reserve?
Yes...revaluation reserve is a part of capital reserve.
What is the value of a US flag from the Fleet Reserve Honolulu Hawaii flown on the USS Arizona memorial April 11 1993 numbered 0932?
The 0932 isn't the number of the flag. It is the time the flag was flown over the USS Arizona Memorial.
What is the formula for actual reserve?
excess reserve plus the reserve requirements
What is amalgamation reserve?
Amalgamation reserve means the expenses bear by Transferee company for amalgamation with Transferor company is treated as reserve, this reserve is called as amalgamation reserve
What percent of the Total Force is the Reserve Component?
Approximately 38% of the Total Force consists of the Reserve Component, which includes both the Army Reserve, Navy Reserve, Air Force Reserve, Marine Corps Reserve, and Coast Guard Reserve.
Where is the Reserve Branch in Reserve located?
The address of the Reserve Branch is: 170 West 10Th Street, Reserve, 70084 6202
What percent does Reserve components comprise of the total force?
Reserve components make up about 38% of the total force in the United States military. This includes the Army Reserve, Navy Reserve, Marine Corps Reserve, Air Force Reserve, and Coast Guard Reserve.
Do the Marines have a reserve?
The USMC does have a reserve
Is revenue reserve a free reserve?
no
What is merger reserve?
WHat is a merger reserve?
