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Posted By: warshawlaw

Cat: All I care about is lawful conduct; is the auctioneer acting in a manner that does not violate civil and criminal law. If so, I am ok with it. I am not going to start making value judgments about business transactions. If you do not like the auction rules, don't participate and do tell the auctioneer that you are not participating because of the rules. I guarantee that if they start to lose bidders they will change their rules.

Another point on bidding: anyone who expects to pay less than their max bid is being naive and anyone who puts in a max bid they don't want to pay is engaging in wishful thinking. I put in the max I want to pay and I walk away from the auction until it is over. If I get the item, fine; if not, fine. Either way I am never surprised or unhappy, except if the item closes under my max (a pleasant surprise). I suggest anyone who is afraid of being shilled by a big auction house do the same. We'd all get more sleep too, BTW.