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Hunts uses Invaluable for their live auctions. They have this disclaimer of sorts on their website with regard to their live auctions:
Please note: Live Auction lots open at one increment above the second highest ceiling bid, and not at the high bid. Therefore, it is rare, but possible, during the course of incremental bidding, for a live bidder to win a lot for an amount equal to an online bidder's ceiling bid. Huh? Maybe I'm just not smart enough to understand this. Does anyone follow this and understand what the point is? Maybe this makes sense to Scott G. and other who run live auctions. I've read it a dozen times and my head hurts. Last edited by Snapolit1; 09-23-2020 at 05:46 PM. |
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