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#1
05-25-2012, 10:55 AM
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What are all the reasons you might have a person/entity bid on your behalf?
Happy Memorial Day Weekend
What are all the reasons you might have another person or entity bid on your behalf at auction? I can think of a few. Curious what others' thoughts are. (i) Anonymity - if you do not want the particular auction house to know who you are during bidding. (Why? if you do not want them to know you have deep pockets - or a history of buying whatever it is you want no matter what the price?) (ii) Sales Tax - if the auctioning entity and buyer are residents of the same state, though if this is the sole reason for bidding by proxy this may be improper. What other rationales are out there? 
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