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Posted By: Jay

Corey-The method chosen has nothing to do with fairness, only with maximization of auction realization. If the auctioneer thinks that Scott or Richard going to sleep will reduce realizations more than your lot prioritization will benefit realizations then he will opt for a good night sleep for all, end of statement. Besides, in how many Mastro auctions have you lost the opportunity to bid a lot that you would have bid on if you knew you would lose some other lot? I'd make a market of zero bid at one.