... I think my point #1 above would apply. It struck me just now (my second epiphany of the day; the first of which I haven't mentioned yet but will later in another post) that the difference in perception of reserve auctions between you and the rest of us is that you are dealing PRIMARILY with high end material, the $xxx (or $xxxx !!) stuff, while the rest of us are dealing primarily with the $x.oo or $xx.oo stuff! <g> ----- jim o\-S