Interesting thread on the non-sports board

[barrysloate]

I don't even think that Harrington sold. I heard the consignor got it back.

[rhettyeakley]

Barry, that is what I was getting at. It had several bids on it and didn't even sell for the super inflated price--how odd!

Why would somebody [not trying to falsely inflate the price of a $100-200 oddity] not take a bid of $13,000 or something for the card? Answer: None of the bids were legit!

[barrysloate]

Rhett- what I heard, and this baffles me, is that mid-auction the consignor decided he no longer wanted to sell it, asked for it back, and the house capitulated. I can't of course confirm that.

When I ran auctions if a consignor had asked for his material back while my auction was in progress I would have told him tough noogies (did I spell "noogies" correctly?).

[uffda51]

I've seen it spelled "nougies," but I'm no expert.

[uffda51]

I agree completely with Jim VB. With the so-called Heritage Rule 21 in play, it ceases to be an auction and becomes something else entirely. I'm not sure what, but as Elaine Benes once said, "Do I smell something? What am I, hard of smelling? Of *course* I smell something."

[iggyman]

I have a "big" problem with an auction house bidding in its own auction, so I simply DO NOT bid on any Heritage auction! Tough titty!!!

Lovely Day...

[calvindog]

Originally Posted by iggyman

I have a "big" problem with an auction house bidding in its own auction, so I simply DO NOT bid on any Heritage auction! Tough titty!!!

Lovely Day...

Well, at least Heritage tells you upfront that they're bidding in their own auctions. That makes them more honest than the rest of them.

By the way, is it true that Frank DiRoberto is working for Heritage now? Anyone know?

[Rob D.]

I'd much rather not know I'm bidding against the house. Thankfully, I think quite a few auction houses respect my wishes.

[bbeck]

Barry-a very little known fact that knoogies has a silent k in front of it. Those silent k's are killers.

[calvindog]

Iggy, I'm satisfied with Chris Ivy's explanation. It is transparent and not unfair. That the usual Greek--woops, I mean Goodwin--chorus has not come out to loudly support Heritage also comforts me.

[bobbyw8469]

I actually asked this question on another board, but got no responses, so maybe I put it in the wrong board. After reading this thread, maybe I can ask this here:

The latest Legacy Rarities auction. I was the high bidder on the 1955 Bowman Football set at $1,150. I was bid #11. I was outbid with bid #12, but the bid is now $1,950. Why would the next bidder jump the bid in an $800 increment? Wouldn't he want to win the item as cheaply as possible?? I was just curious as to everyones' thoughts on this......

[CTDean]

Originally Posted by bobbyw8469

I actually asked this question on another board, but got no responses, so maybe I put it in the wrong board. After reading this thread, maybe I can ask this here:

The latest Legacy Rarities auction. I was the high bidder on the 1955 Bowman Football set at $1,150. I was bid #11. I was outbid with bid #12, but the bid is now $1,950. Why would the next bidder jump the bid in an $800 increment? Wouldn't he want to win the item as cheaply as possible?? I was just curious as to everyones' thoughts on this......

Bobby, my guess would be the lot had a reserve (say $1900). If the bid following yours was a MAX bid that exceeded the reserve, the new lot price jumps past the reserve.