[meteorite-list] Lang Auction

From: Mike Bandli <fuzzfoot_at_meteoritecentral.com>
Date: Wed, 7 Feb 2007 21:20:06 -0800
Message-ID: <20070208052020.571E510554_at_mailwash5.pair.com>

Michael,

I know and I agree with you. I do not agree with this procedure at all. I am
simply pointing out what could have happened and what I remember. I do
remember that some of the lot's hammers were not known, because Lang wanted
to finish them after the auction due to multiple absentee bids. Not good...

Kind regards,
 
Mike Bandli

----------------------------?
Michael Farmer Wrote:

Mike, that is not how an auction works. You cant sell something, then go
back to the absentee bidders and figure out who won later, not during a live
auction. EVERY one of those items had a hammer closing price. So if the
price closed at $120.00, and the auctioneer declares SOLD for $120.00, you
cant go back later and say that an absentee bidder actually bid up to
$350.00. This is simple auction procedure. I will post my list first thing
in the morning. I have the hammer prices for every last item.
Received on Thu 08 Feb 2007 12:20:06 AM PST