Message:

<p>[QUOTE=&quot;TIF, post: 2310103, member: 56859&quot;]Clarification/correction of my earlier scenario with an existing single-bidder lot showing $2000:</p><p><br /></p><p>Bidder #2 submits a mail bid (or website bid, or email bid, or whatever form of pre-bid) of $4000.</p><ul> <li>If upon processing the high bidder is still bidder #1, and the current bid displayed is $4000, then bidder #1 coincidentally submitted a maximum bid of exactly $4000 and due to earlier submission, is the current high bidder</li> <li>If upon processing bidder #2 is the high bidder at $4000, then bidder #1&#039;s maximum bid was one increment lower than $4000, or an off-increment between one-lower and $4000</li> <li>If bidder #1&#039;s maximum was two or more increments less than $4000, bidder #2 will be the new high bidder at one increment higher than bidder #1&#039;s max, or the next regular increment if bidder #1&#039;s max was off-increment.</li> <li>If bidder #1&#039;s maximum was higher than $4000, even if by only one dollar (for auction houses who accept off-increment bids), bidder #1 will remain the high bidder at no more than one bidding increment higher than $4000.</li> </ul><p>[USER=76803]@Fairy[/USER], as for your question about honesty and integrity of the auction houses, I cannot say but echo Doug&#039;s comment.&nbsp; I have more confidence in some auction houses, less in others.&nbsp; CNG, for instance, has my trust and respect.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in