Is shilling legal, btw? I saw this quote from a major auction house in a thread once. (I have replaced the name of the auction house w/ the generic auction house.) I guess owners bidding on their own lots in this case isn't strictly shill bidding?
(1) {Auction House} and {auction house} employees do not shill bid.
(2) {Auction House} does not bid on their own items other than by placing reserves. I will note that owners placing bids on their own items at auction is quite legal; we will identify this when we determine that it is happening on an auction floor.
Last edited by glchen; 06-04-2012 at 01:11 PM.
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