Quote:
Originally Posted by calvindog
I spoke to Rick last night. He informed me that he canceled the Mathewson auction -- presumably the winning bidder had no problem with this. He did not offer the winner of the auction the actual price of the ball if the purported shill bid was invalidated. He also banned the underbidder although he had no reason to believe anything untoward had occurred in the auction and did not check to see if there was any connection between the underbidder and consignor. Instead, the banning occurred because the underbidder had bids of 94% in his auction.
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Good job Jeff and Kudos to Rick. I do not believe it would have been appropriate to sell the ball for less than the original hammer price (even with the shill bid). Technically speaking, the shill bidder may have drove away/outbid a legitimate bidder, so we could never know the "true" hammer price.