Was I Shilled??

T206Collector · #1 04-20-2012, 03:06 PM

Quote:

Originally Posted by HRBAKER

Not EVER placing a ceiling bid is the same to me as saying you mind/care if you get shilled.

Yes -- I see that point. I think the reason I don't care if I get shilled is that I keep myself out of shill situations. I bid incrementally.

barrysloate · #2 04-20-2012, 03:28 PM

Auction houses are not allowed to place bids whether they know the ceiling or not. If there is a reserve, they must state so in the lot description.

And I know the rules are different for a live auction, such as Sotheby's or Christie's. When you bid there, and the auctioneer calls out the bids, you have absolutely no idea what is going on- you don't know if they are real or just the house bidding up to the reserve.

T206Collector · #3 04-20-2012, 03:30 PM

Quote:

Originally Posted by barrysloate

Auction houses are not allowed to place bids whether they know the ceiling or not. If there is a reserve, they must state so in the lot description.

I know those rules, too. But I think there is a BIG difference in practice between whether they know the ceiling or not.

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