How would my system disadvantage the seller? If they want to protect it, they or a representative step forward and protect it. Everyone knows exactly what is going on. Everyone knows exactly where the price is. Everyone knows who the bidders are. Up front, honest, straightforward buying and selling.
What I'd like to see go away it the auctioneer pretending to have bids and running the item up before dropping back down and starting over. The only reason they do this is in hopes that the bidder isn't paying enough attention and tries to get in after they think bids have been accepted. I've watched things sell cheap at auctions because the crowd doesn't trust or like the auctioneer. The buyers bid low because they're sure there's shenanigans with the bidding.
I think the only person cranky with my idea would be the crooked auctioneer that likes to pull the dishonest tricks.
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