Quote:
Originally Posted by calvindog
If Bill Mastro can bid on Mastro auctions, why can't you bid on Net 54 auctions? It's not like you know the ceiling bids, right?  |
I had a friendly debate with a board member last night about this very subject. He is not affiliated with any auction house at all but is a very passionate collector for the last 35 yrs. He sees no issue with auction company employees bidding in their own auctions. I have never thought that was a good idea, personally. Ceiling bids? Unless I am a mind reader I can't see me knowing anymore than anyone else...
Even in B and L Auctions Scott and I made a rule from day one that we can't see any up to bids and we can't bid in our own auctions. Of course every auction company will do what is best for them and we feel this is the best route for us...