Better auctioneers usual say "Lot's of interest here," which means you
should get ready to stick one hand higher in the air and the other
deeper in your pocket. Regards, rudy franchi
Thanks Marty, Bob and everyone else for their explanations. They do
make
sense; I agree it's a waste of time t
Thanks Marty, Bob and everyone else for their explanations. They do make
sense; I agree it's a waste of time to hear climbing bidding increments if
the house already has two competing absentee bids which are higher than an
opening bid closer to the low end of a catalog estimate. I just wish
auct
David:Bob is exactly correct as to why the bidding increments jump like that on occasion. I believe, all auction houses execute absentee bids the same way. If a poster has an estimate of $700 to $900, but there are absentee bids of $2500 and $4000, the auctioneer will open the bidding with a
y, December 05, 2005 9:59 PM
Subject: [MOPO] Bonham's - Absentee Bidders Treated Unfairly?
Hello all --
Just one thing bothered me. If you were there, maybe you can explain.
** For some posters, bidding JUMPED immediately (w/no declared bidding
increments in between) -- to the HIGHEST level es
ecember 06, 2005 1:12 AM
Subject: Re: [MOPO] Bonham's - Absentee Bidders Treated Unfairly?
> Bob -
>
> Now THAT makes sense. I hope this is true with all auction houses because
> I've long been suspicious of such "huge bidding leaps" on the floor, with
no
> incr
Sent: Tuesday, December 06, 2005 1:58
AM
Subject: Re: [MOPO] Bonham's - Absentee
Bidders Treated Unfairly?
Although this practice seems psychologically "wrong" to us in the
age of internet auctions, it is actually quite common and accepted in the old
I bid on the phone and I had no problems. Bidding
on the phone is always the best option, because then
you know what you did, what they did etc. A good auction, I thought.
Kirby McDaniel
www.movieart.net
On Dec 5, 2005, at 11:59 PM, David Kusumoto wrote:
Hello all --
Just one thing bothere
bably explains why it only happens sometimes -- at other times the amount is
specified to be a "hidden maximum" and so is bid in increments as one would
normally expect.
-- JR
- Original Message -
From:
[EMAIL PROTECTED]
To: MoPo-L@LISTSERV.AMERICAN.EDU
Bob -
Now THAT makes sense. I hope this is true with all auction houses because
I've long been suspicious of such "huge bidding leaps" on the floor, with no
increments accepted in between.
** If auctioneers simply added one line -- "we have two competing absentee
bids that begin with $2500," we
then starts taking floor bids (that get immediately outbid
by the second absentee bidder)...
Cheers,
Bob
- Original Message -
From: "David Kusumoto" <[EMAIL PROTECTED]>
To:
Sent: Monday, December 05, 2005 9:59 PM
Subject: [MOPO] Bonham's - Absentee Bidders Trea
Hello all --
Just one thing bothered me. If you were there, maybe you can explain.
** For some posters, bidding JUMPED immediately (w/no declared bidding
increments in between) -- to the HIGHEST level established by an absentee
bidder. Not all the time, but it happened.
** For example, I was
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