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Old 08-14-2017, 05:22 PM
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Peter Spaeth
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Join Date: Apr 2009
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Quote:
Originally Posted by botn View Post
I must have missed or glossed over any posts that suggested that Al was not operating with complete integrity. I would be interested to know how Al knows that the spirited bidding that took place in the wee hours of the AM would have cost his consignors had he picked a different closing method?

If those bidding spirited bidders were faced with a absolute closing and they knew they had one shot to be the top bid, one would think they would toss max bids in there in the closing seconds. I think most bidders know what they are willing to go to well before the close of an auction and my guess is that number does not change often in the wee hours.
Agree with Greg and subsequent posts, Al is making unwarranted assumptions about what would or would not have happened in a different system. I doubt tens of thousands of dollars were the result of drunken exhaustion.
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