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Old 10-29-2021, 09:53 AM
steve B steve B is offline
Steve Birmingham
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Join Date: Sep 2009
Location: eastern Mass.
Posts: 8,106
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That's how it works bidding against a reserve.

In live auctions I've been to they do occasionally have reserves. And if the bidding stalls close to the reserve they reveal it so someone can bit the reserve amount.
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