Message:

<p>[QUOTE=&quot;GDJMSP, post: 1457293, member: 112&quot;]Hmmmm - from the DLRC web site.</p><p><br /></p><p><b>Reserves on lots are revealed approximately 48 hours prior to auction end</b></p><p><b><br /></b></p><p><a href="http://www.davidlawrence.com/content.cfm/page/Bidding-Info" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.davidlawrence.com/content.cfm/page/Bidding-Info" rel="nofollow">http://www.davidlawrence.com/content.cfm/page/Bidding-Info</a></p><p><a href="http://www.davidlawrence.com/content.cfm/page/Bidding-Info" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.davidlawrence.com/content.cfm/page/Bidding-Info" rel="nofollow"><br /></a></p><p>Sure seems like they are hidden to me. At least up until the last 48 hrs.</p><p><br /></p><p>As for the phantom bidding - every auction house, including DLRC, can bid on items themselves. Also, if there is a reserve, or a buy back bid in place, and no outside bidders are making bids, then the auction house itself will often enter a bid on behalf of the consignor. Or, if the item is one owned by the auction house, and no bids are being placed, then the auction house may place a bid just to get the action going. And yes, DLRC does this too. So even though no &quot;humans&quot; are bidding, bids are still being placed. They aren&#039;t phantom bids at all. They just aren&#039;t being placed by outside bidders.</p><p><br /></p><p><br /></p><p><br /></p><p>You&#039;re right, other auction houses do do it. So does DLRC - </p><p><br /></p><p style="text-align: left"><span style="color: #000000"><font face="Verdana">DLRC Internet auctions contain descriptions of property belonging to many persons known as consignors and may include items owned by DLRC. </font></span></p> <p style="text-align: left"><span style="color: #000000"><font face="Verdana"><br /></font></span></p> <p style="text-align: left"><span style="color: #000000"><font face="Verdana"><br /></font></span></p><p><a href="http://www.davidlawrence.com/content.cfm/page/Auction-Terms" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.davidlawrence.com/content.cfm/page/Auction-Terms" rel="nofollow">http://www.davidlawrence.com/content.cfm/page/Auction-Terms</a><p style="text-align: left"><span style="color: #000000"><font face="Verdana"></font></span></p> <p style="text-align: left"><span style="color: #000000"><font face="Verdana"><br /></font></span></p><p>I don&#039;t know of a single auction house who does not do it.&nbsp; And no, I do not think it is any more prevalent at Teletrade than it is anywhere else.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>As always you are entitled to your opinion. But when you examine the facts I find it difficult to understand how anyone can think any auction house is being &quot;sneaky&quot; about something when they tell you up front exactly what they will and will not do. Everything is disclosed in other words. &quot;Sneaky&quot; implies, if not outright means, that something is not being disclosed. IMO of course.</p><p><br /></p><p>I will however readily agree that many, if not most, people are not aware of these things because they don&#039;t take the time to find out about them. So when they do find out about them they call them sneaky or underhanded tactics. When in point of fact they are not. Rather it is case of a bidder not doing his due diligence and then trying to put the blame on somebody else for his own error.[/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