Thread: 2 Eschers, why such different winning bids?

Originally Posted by str8razor

Both Eschers seem to be pretty much alike. I think that it may be the bidders. It is whoever wants it the most and will not back down. The person that bid on the first one and didn't win may have bid on the second one and was going to win it no matter what. Eschers are very good stones and in high demand.

Agreed, bidder A's max bid was maybe $250, bidder B's was $200 and bidder C's was $135. Bidder A got the stone for just above bidder B's max in the first auction, and bidder B got his above bidder C in the other auction. Bidder C is still looking for one.

or something like that.

The explanation is that the straight razor/hone market is not completely efficient/liquid.