The auctioneer by agreeing to hold a sale becomes the agent of the seller. They are supposed to try to get the highest price possible for the seller.
When the auctioneer charges a buyer premium they in a sense become the agent of the buyer. They in turn should be trying to get the cheapest price possible for the buyer.
When you bid at such an auction you are, knowing that there is a buyers premium, hiring the auctioneer to act as your agent.
The whole think smacks of dishonesty with a huge conflict of interest to me.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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