[Archive]

Posted By: barrysloate

I've gotten numerous lots from the big auction houses below my max bid, and as an auctioneer myself I have to say that if people leave a max bid roughly equal to the retail value of a lot, why are they surprised if it reaches their max? Why should they expect a bargain in so competitive a market? Also, collectors get suspicious if their max bid is reached, but if they get topped by one increment, they are completely comfortable with that. And that really makes no sense.