I don't know about the auction laws in New York, but In the state of Ohio the law states: The Auctioneer shall not knowingly receive bids by or on the owners behalf. The auctioneer can loose his license for doing that. Having said that, ALL sales in the state of Ohio are with reserve unless otherwise stated . Absolute auctions are not with reserve and are supposed to sell to the highest bidder. I've been known to stop a couple of good auctions I was conducting because the owner had buybidders (house bidders) running up the bid. By being with reserve, the owner does in fact have the right to refuse the sale prior to the fall of the gavel (the auctioneer saying Sold or words to that effect). I've been an auctioneer for a lot of years and can tell you, the owner wanting to hold a reserve on every piece will kill his sale quickly. Keith
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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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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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