Another twist on the bidding is when the consigner raises the bid hoping that the current bidder will bid again. When that does not happen the auctioneer will say sold to the consigner who then says that he did not bid and then the auctioneer will strike the item on the last bidder.
If the auctioneer is caught with an item when no one raises the ghost bidder then the owner, consigner still has the item, not the auction company. The seller also faces a bid in fee or commission on that item. Most states have rules about auctions but unless the item or auction is billed as "absolute sale" the owner can protect himself against unreasonably low bids.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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