its not the auction houses fault its the bidders

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#21

02-14-2010, 03:57 PM

oriolesbb6 oriolesbb6 is offline

Kyle B@rni@k

Member

Join Date: Feb 2010

Location: Outer Banks, NC

Posts: 307

I guess anything can happen at anytime with an auction, It comes back to using your own judgment and only paying what You deem to be the price. I work with various auction houses on the local level-antiques/estates, etc. Each house has there own policies-where to open an item, reserve/no reserve, dealers prohibited from bidding on their own items, etc. I have seen shill bidding take place(I don't buy there) and I have not seen it. Is there an ultimate solution? The only one is to bid what you are comfortable, if you are not sure of a company then don't bid.

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