Quote:
Originally Posted by glchen
If it is as Chris Ivy states, I'm fine w/ Heritage's policy here. You just need to consider the price one week before the auction ends at that lot's reserve.
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Not quite - as I understand it, they enter a ceiling bid at that time, so you can be bid up by their bid much closer to auction end. If they entered a fixed price bid a week in advance, I think it would be as you said.