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Old 10-01-2023, 09:13 AM
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Jay Shumsky
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Join Date: Jan 2019
Location: NJ
Posts: 3,807
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Quote:
Originally Posted by calvindog View Post
Mile High has done it as well. Every time you bid on either the individual lots or the full set, you get an alert on the totals of the individual lots vs. full set. And no auction has ever allowed the full set lot to end while the individual lots continued to run. Just bad software/programming.
Thanks for answering my question. It sounds like the only way for something like this to work is for everything to close at the same time to avoid this type of problem. However, as I think others have mentioned, you can't usually bid against yourself and increase the high bid so the AH would have to be involved to increase bids if only one person was still bidding on the full set or wanted to increase an individual lot so the total would be above the full set. I don't know if Heritage has ever run an auction like this before, but it sounds like they haven't and didn't think through all of the issues that can arise compared to a normal auction.
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