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Posted By: Wesley

In addition to monetary motivations for shilling, the auctionhouse also has the advantage of knowing when to shill. If a whale has placed a large ceiling bid on a particular lot, wha tis to stop the auctioneer to keep running up the lot? Even if there is no high ceiling bid, the auctioneer can change his mind at the very last moment in order to "win" his lot back if the price is too low.