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<p>[QUOTE="TIF, post: 2427303, member: 56859"]I'm sure AJ, IOM, or Volodya can answer that question accurately, but I assumed "the lot goes to NAC" means they executed a client's book bid (a bid placed prior to the auction).</p><p><br /></p><p>4to2 is correct though... auction houses can and do sometimes bid on their own lots for various reasons.[/QUOTE]</p><p><br /></p>
[QUOTE="TIF, post: 2427303, member: 56859"]I'm sure AJ, IOM, or Volodya can answer that question accurately, but I assumed "the lot goes to NAC" means they executed a client's book bid (a bid placed prior to the auction). 4to2 is correct though... auction houses can and do sometimes bid on their own lots for various reasons.[/QUOTE]
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