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,,..auction irregularities with Heritage....
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<p>[QUOTE="swhuck, post: 1982845, member: 21044"]Here is what happened, princeofwaldo:</p><p> </p><p>You put in your bid of $375 against the reserve of $350 through regular Internet bidding a long time before the floor session started.</p><p> </p><p>Another bidder put a proxy bid of $375 in through Heritage Live a few hours before the live session. Heritage Live proxy bids are kept completely separate from the rest of our systems until the lot comes up for live bidding.</p><p> </p><p>The lot opened at $350. Heritage Live attempted to place the proxy bid of $375, but this bid was not accepted because your bid for the same amount was already there. This raised the bid amount to $375 with you winning. Nobody else placed bids, so you won at $375.</p><p> </p><p>The number of bidders is updated with bids placed through Heritage Live only after the session is over, so that is why you saw one bidder when the lot closed and two bidders later.</p><p> </p><p>Our logs show that we sent and you should have received high bidder notifications for this lot through Heritage Live at both $350 and $375 and a winning bidder notification through for $375. I don't know why you would have seen the item show as having sold for $350, although in theory Internet lag on your end might cause it.</p><p> </p><p>BTW, although the session is live, it was conducted through the Internet only. There is no floor session and thus no video record.</p><p> </p><p>Please contact me personally at <a href="mailto:stewarth@ha.com">stewarth@ha.com</a> if you have any questions.[/QUOTE]</p><p><br /></p>
[QUOTE="swhuck, post: 1982845, member: 21044"]Here is what happened, princeofwaldo: You put in your bid of $375 against the reserve of $350 through regular Internet bidding a long time before the floor session started. Another bidder put a proxy bid of $375 in through Heritage Live a few hours before the live session. Heritage Live proxy bids are kept completely separate from the rest of our systems until the lot comes up for live bidding. The lot opened at $350. Heritage Live attempted to place the proxy bid of $375, but this bid was not accepted because your bid for the same amount was already there. This raised the bid amount to $375 with you winning. Nobody else placed bids, so you won at $375. The number of bidders is updated with bids placed through Heritage Live only after the session is over, so that is why you saw one bidder when the lot closed and two bidders later. Our logs show that we sent and you should have received high bidder notifications for this lot through Heritage Live at both $350 and $375 and a winning bidder notification through for $375. I don't know why you would have seen the item show as having sold for $350, although in theory Internet lag on your end might cause it. BTW, although the session is live, it was conducted through the Internet only. There is no floor session and thus no video record. Please contact me personally at [EMAIL]stewarth@ha.com[/EMAIL] if you have any questions.[/QUOTE]
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,,..auction irregularities with Heritage....
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