Who are the primary customers buying at auctions like Tarisio (both the Fine Instruments listings and the T2 listings)? Are these primarily broker/dealers looking to sell to shops who in turn sell to customers; shops purchasing to sell directly to their customers; individuals looking to flip them for a small profit; and/or individuals looking to buy directly hoping to get a good deal even if they do not have the opportunity to play them in advance.
I suppose the answer is all of the above, but which group are the majority of the buyers in?
Many of the bidders seem to bid on a lot of listings and actively participate in every auction.