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Re:Johann Wolfgang von Goethe, Amateur Auction Theorist by jontas on Friday June 03, 2016 @11:45AM (#11830979)
I see how his agent sharing the contents of the envelope hurt Goethe's attempt to gather intel for future auctions, but the outcome of the sealed envelope auction was unchanged, or am I misunderstanding? Goethe had 1000 talers as his minimum price so no matter what Vieweg offered, so long as it was above 1000 Goethe was never going to make more than that.

For this reason I find the last paragraph of the article confusing:

> Hermann and Dorothea went on to be a bestseller, earning tens of thousands of talers for Vieweg and nary a penny more for poor Goethe.

Re:Johann Wolfgang von Goethe, Amateur Auction Theorist by kencausey on Friday June 03, 2016 @11:59AM (#11831075)
The article clearly states that the purpose (in theory at least) was not merely to get 1000 talers but to also get a better estimate of the publisher's perceived valuation of Goethe's work.