Quote:
Originally Posted by oldjudge
Does anyone know how Goldin treats reserves? I know some auction houses bid against reserves and some just take the bid to one increment below the reserve so that the next bid exceeds it. I assume that also some auction houses do nothing and just see if the final bid exceeds the reserve.
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In their terms and conditions they state that they may bid an item up to just under the reserve.
"vii. Goldin may place bids below the reserve on behalf of the Seller, either consecutively or in response to other bids."