Quote:
Originally Posted by autograf
What if the first sale at 5-15% more was shill bid well above where it should have been to set a floor and then the second sale at that slightly lower level was a real buyer who now got a 'bargain'......
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this is the likely scenario for the past 10-15 years with most auctions...imo...to the point where some hammer prices appear to be bargains when they've been artificially inflated in the first place.