Quote:
Originally Posted by insidethewrapper
If you can't outbid yourself, then I don't see how redoing the auction will change anything. the individual cards will be higher than the set. The rules were clear, the higher between individual and set wins. Also the rules are you can't outbid yourself, these are not new rules. Seems clear to me .
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If I'm understanding correctly, your take is that the individual cards will be higher than the set because Heritage intended it from the outset, knowing full well that (1) extended bidding on individual lots would continue after the complete set closed, and (2) competition on the complete set would be limited to one deep-pocketed bidder, so it was always guaranteed to close sooner.
That approach doesn't make sense for a business where the goal is to promote competition and maximize the sale price. The rules are that "you can't outbid yourself," but surely the auction format is meant to leave room for the complete-set bidder to outbid the individual lots as the price increases. No?