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<p>[QUOTE="baseball21, post: 8490129, member: 76863"]Its literally in the terms that auction houses can bid on material they want to buy. Simply being in a room with other bidders changes nothing. Ever heard of the joke of bidding against the potted plant at the back of the room during live auctions? </p><p><br /></p><p>If anything theres more collusion among bidders agreeing to divvy up lots amongst each other to lower the prices and competition if its just a single room bidding auction. Whether there is live bidding or not the major houses have online and phone etc as options not just the people in the room.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 8490129, member: 76863"]Its literally in the terms that auction houses can bid on material they want to buy. Simply being in a room with other bidders changes nothing. Ever heard of the joke of bidding against the potted plant at the back of the room during live auctions? If anything theres more collusion among bidders agreeing to divvy up lots amongst each other to lower the prices and competition if its just a single room bidding auction. Whether there is live bidding or not the major houses have online and phone etc as options not just the people in the room.[/QUOTE]
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