[meteorite-list] Tuscon auction question

From: Howard Wu <freewu2000_at_meteoritecentral.com>
Date: Sun, 6 Feb 2011 15:54:13 -0800
Message-ID: <B39FF4A4-1D8B-41FA-8183-A09CADFD4BD2_at_yahoo.com>

I could see that happening if there were competing absentee bids that the lower maximum being known as the starting point

Howard J. Wu L.ac
Bishop, CA

On Feb 6, 2011, at 3:34 PM, Don Edwards <icedance at swbell.net> wrote:

> I was there and as I heard it, absentee MAX bids were NOT announced in advance but were treated as regular bids. Sometimes it was said that the current bid was an absentee bid but that was the extent of the information. All winning bidders were announced on each auction (by bidder number, never by name) so were not identified enless we were watching who was holding up the bidder cards as the bids were made.
>
> I think there may have been some problems last year (not certain, but ...) however this year it is my impression that absentee bids were treated as regular bids. At most, it would have been said that the current bid was absentee but the next bid would win 'in house.'
>
> Again, I do NOT remember any absentee MAX bids being given out early. There were a couple of cases where absentee entry bids were announced as in "I have an absentee beginning bid of $$$, so will anyone bid $$$$?"
>
> Don Edwards
> Houston, TX
> IMCA 6527
>
>
>
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Received on Sun 06 Feb 2011 06:54:13 PM PST