[meteorite-list] Tuscon auction question

From: Michael Gilmer <meteoritemike_at_meteoritecentral.com>
Date: Sun, 6 Feb 2011 19:17:53 -0500
Message-ID: <AANLkTi==3eRqKAQuEWRSByttzyKzLZT3wJOQnmuYmiSS_at_mail.gmail.com>

Regardless of whether the absentee bidder's actual amount was
announced - as I understand it, all bidders are announced as numbers -
there is no distinction between live bidders, absentee bidders, proxy
bidders, or house bidders. That the live audience knew the current
bid (or any bid) was an absentee bidder gives the live bidders who are
there in person an advantage. And this also goes against what was
stated in the auction rules on Mr. Blood's website that was quoted
earlier in this thread.

That's my understanding of how live auctions work. Maybe I am wrong.


On 2/6/11, Howard Wu <freewu2000 at yahoo.com> wrote:
> I could see that happening only if there were more than one competing
> absentee bids. That is where the auction would begin. I hope this was the
> case.
>
> Howard
>
> On Feb 6, 2011, at 3:42 PM, fallingfusion at wi.rr.com wrote:
>
>> That is incorrect. There were several occasions where the max. absentee
>> was announced as live floor bidders were actively bidding.
>> Ryan
>> Sent on the Sprint? Now Network from my BlackBerry?
>>
>> -----Original Message-----
>> From: Don Edwards <icedance at swbell.net>
>> Sender: meteorite-list-bounces at meteoritecentral.com
>> Date: Sun, 6 Feb 2011 15:34:28
>> To: <meteorite-list at meteoritecentral.com>
>> Subject: Re: [meteorite-list] Tuscon auction question
>>
>> 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
>>
>>
>>
>> ______________________________________________
>> Visit the Archives at
>> http://www.meteoritecentral.com/mailing-list-archives.html
>> Meteorite-list mailing list
>> Meteorite-list at meteoritecentral.com
>> http://six.pairlist.net/mailman/listinfo/meteorite-list
>> ______________________________________________
>> Visit the Archives at
>> http://www.meteoritecentral.com/mailing-list-archives.html
>> Meteorite-list mailing list
>> Meteorite-list at meteoritecentral.com
>> http://six.pairlist.net/mailman/listinfo/meteorite-list
> ______________________________________________
> Visit the Archives at
> http://www.meteoritecentral.com/mailing-list-archives.html
> Meteorite-list mailing list
> Meteorite-list at meteoritecentral.com
> http://six.pairlist.net/mailman/listinfo/meteorite-list
>

-- 
----------------------------------------------------------------------
Mike Gilmer - Galactic Stone & Ironworks Meteorites
Website - http://www.galactic-stone.com
Facebook - http://www.facebook.com/galacticstone
News Feed - http://www.galactic-stone.com/rss/126516
Twitter - http://twitter.com/galacticstone
Meteorite Top List - http://meteorite.gotop100.com
EOM - http://www.encyclopedia-of-meteorites.com/collection.aspx?id=1564
-----------------------------------------------------------------------

Received on Sun 06 Feb 2011 07:17:53 PM PST