Posted by redtom on May 03, 2023 at 16:08:08 from (97.84.144.249):
Ive been to dozens and dozens of live auctions over the years and have logged into several online only auctions. As a matter of fact I have been unloading a bunch of junk and parts at our local online auction house and that process works good. I recently had my first opportunity to bid online at a combined live/online farm auction. There was an implement I was a little interested in. I logged into the sale before the big online items started...jewelry was not online. My first question is, isnt there audio so you can hear the live bidding? The bids were just posted in real time as floor bids or online but you could not hear so there was a little delay. I understand the part where you can place a high bid online ahead of time and the auction holds your bid and the sale works up and your bid is automatically upped until it gets to your high or you buy the item. But, if you cant hear the sale, what keeps an unscrupulous auctioneer from taking fake bids until your max is reached? I guess that can happen even if you can hear the sale. My nephew bought a tractor online recently. He placed a high bid of 3500 since he had to be away from the computer. Amazingly, he got it for exactly 3500. Now whats the odds of that. I smell something fishy there. It appears they held his high bid as they should and then just the right amount of bids came in to get to his 3500. Highly unlikely. Years ago, I helped an elderly friend set up for a sale. He had a few tractors, etc. Before the sale the auctioneer knew I was the mans helper and he said the old man wanted protection on one of his tractors. the auctioneer told me to bid to 3700 on the tractor. I said what if I buy it? He said dont worry. I bid to 3700 as directed and stopped. Suddenly the auctioneer was looking at me and taking bids from me like I was still bidding-but I wasnt. The auctioneer continued to take pretend bids from me until it got higher and sold to someone. At the selling point I think he actually had to back up one bid because he had me high. That was my first experience at shifty auctioneering.
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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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