Originally Posted by mph
It's only an estimate and it may go higher of course, also the reserve may be set above the estimate.

I struggle with that. In a recent (non-automotive) auction, the auctioneer told me ".....we cannot legally set an estimate that is below the reserve figure ". Does anyone who has more experience of auctions than I do, know for sure ?

Peter
2009 3-litre Roadster "Ivor", royal ivory / green