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Re: Must be getting too old?? Skipped a auction today!!


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Posted by Dave H (MI) on March 29, 2015 at 14:33:43 from (50.108.3.249):

In Reply to: Re: Must be getting too old?? Skipped a auction today!! posted by jerry he on March 29, 2015 at 14:02:15:

I appreciate the comment. Actually, I hate bidding against women. They hate to lose.

As to the other, I guess I will answer a question with a question...why is it dishonest to have a shill in the crowd bidding? Auction items should be sold to the lowest bidder unless there is a reserve specified. Many have lost track of that "lowest bidder" concept and look at it as a competition with a "winning bid". When an owner bids anonymously against someone it is the same as a shill. He is trying to run the bid up. He has no interest in buying it. He will just relist it later. This is NOT an auction and should not be represented as one. It is a private sale at a minimum, but unspecified, price. There is also the potential of someone being taken advantage of. Many people will tell you they thought they paid too much for an item, but feel as long as another person was willing to go one bid less, it must be worth it. Not true if the other bidder is the owner. It is a matter of ethics mostly and indefensible.


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