This auction was like that......in reverse. Large consignment auction, with 3 rings running at the same time. First things that went down on my watch list sold cheap. That should have been my clue to go back in and lower my bids by half. But assuming they did what they said, I assumed if someone live bid $25 at the sale, my $100 bid would prevail at $30, or whatever the next bid increment was. Just as would happen if you were there live and YOU were not the one waiting for an opening bid.
That didn't happen. With a thousand items to sell and a need for speed and desire to get the most for their sellers, my guess is they asked for an opening bid, got none, saw my online bid, called that, and immediately called it sold and moved on. Whole thing would have lasted less than 10 seconds.
When I ask, and I will, I'm sure the response will be......"our policy is all bids are final......you entered a max bid and we took it". That would be fair if not for the part about "we don't lead with your max bid". BTW, that policy is not part of their terms and conditions. It should be, but since it's not, you can only go by past actions.
So, past actions being what they are, word to the wise is to ignore the part about "we don't lead with your max bid". They can and will.
So if you decide to try your hand at online bidding, best advice would be to put in a very low starting bid that you would be OK with no matter what, so if they start with your item, you won't get burned. Then wait until the sale starts to get a "remote feel" for what is going on, then adjust bid accordingly.
So if and when you do place an online bid, treat it like a sealed bid.....you will be OK with it regardless of the outcome.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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