"I think they put the estimated prices lower than the values," she said, referring to Sotheby's figures in the catalogue.
At the high end, the spring sales offer more paintings with estimated prices of $4 million or more than have been up for sale in three years.
Township building applications show that many subdivision homes here with estimated prices of $80,000 to $100,000 were larger when completed and priced at $200,000 or more.
At Sotheby's and Christie's, works by leading artists failed to sell or fell short of estimated prices.
Both sales will offer lots of lesser-known but excellent older wines at estimated prices as low as $200.
Mr. Sheldon said leasing companies should provide estimated prices "so that you would know from Day 1 when entering the lease what your liability is at any given point."
Jackson's glove was sold to the casino at New York's Julien's Auctions at a whopping US$350,000, eight times the auctioneer's minimum estimated price.
Turnover shall represent the net value of deliveries made, or services rendered and includes adjustments arising from the use of estimated prices in previous years.
The purchaser may be seeking to ensure that invoices are not raised pre-acquisition for deliveries to be made post-acquisition and also to ensure that full account is taken of any potential refunds etc which may be due to customers as a result of estimated prices being used.
She said there would be items with estimated prices of $200 or so.