Quote:
Originally Posted by Aquarian Sports Cards
Legally you can ALWAYS retract a bid up until the time the item is declared sold
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Scott-I don’t believe you are right. You must accept Goldin’s terms and conditions before bidding. The following statement is in these terms:
“Placing a bid is a legal contract. Once a bid is placed, you cannot retract it. ”
Since you have already contractually agreed to this you cannot retract a bid, once placed, without the approval of the auction house.