Quote:
Originally Posted by ValKehl
Peter, I disagree. Doing this will presumably piss off both Powell and the consignor, who would have realized more from the sale of his set if Powell had known he needed to increase his bid and been able to do so.
As I see it, FWIW, the only equitable solution is to re-auction these cards with only those who previously bid on them permitted to participate. And, obviously, the total of the bids on the individual cards needs to be made continuously available to all bidders. And, all bidders need to be able to increase their own bids, and all lots need to close at the same time.
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And what if some of the individual bidders are pissed off and don't participate and it all goes lower? Heritage is not going to risk that IMO.