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Posted By: peter chao

Scott,

When you go into a casino and go up to a craps table and the dealers tell you the more you bet the more you win. Do you take their statement literally and bet all the money you have.

Yes the statement is misleading but it's the casino's business and you protect yourself accordingly. The same goes when you are at an auction. Everything from the auction catalog to the book bidding your complaining about is arguably misleading.

If you have difficulties staying within your budget, you decide in advance which items you are going to bid on, and the highest you are willing to bid. The auction house is in the business of selling and you should protect yourself accordingly.

Peter