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<p>[QUOTE=&quot;tibor, post: 2794904, member: 73385&quot;]The stepping away from a lot or lots in a coin auction</p><p>has been going on for over a hundred years. In many</p><p>large auctions in the 50&#039;s and 60&#039;s (Farouk comes to mind)</p><p>dealers would meet before an auction and plan their bids</p><p>accordingly. John Pitman would stand near the front of an</p><p>auction and raise his bidders paddle and sternly look at the</p><p>audience daring them to raise his bid, hence the nickname</p><p>Statue of Liberty. Trying to prove any wrong doing between</p><p>bidders is almost impossible to prove.[/QUOTE]</p><p><br /></p>

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