Bobby- here's a hypothetical situation:
After you were high bidder at $1150, bidder #12 came in and left a ceiling bid of at least $1950. Then somebody else came in and left a bid of say $1800, which pushed bidder #12 near or at his maximum. Was there enough time between your bid of $1150, and the point you realized the bid was now $1950? That's a possible scenario.
As far as Heritage disclosing their questionable bidding practices, it is better that it is out front rather than hidden, but it still isn't a good thing. Given all the scandalous auction practices that have been revealed of late, this information can only get bidders angry.
Last edited by barrysloate; 01-31-2010 at 07:42 AM.
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