Posted By:
David SmithTo all concerned,
How about this, the next time you are at an auction that allows book bids and you are bidding on soemthing that you think NO ONE else (book bid) is bidding on, why don't you just stop the auctioneer and ask who the bidder is?
Ask if the person is in the room, on line or on the telephone or if it is just a book bid. If they say book bid, then just tell them to cut the crap and reveal what the Reserve is. Then you can decide if you want to bid that amount or not.
This saves time and will REALLY irritate the auctioneer and auction house. It will also alert those in attendance that this crap goes on.
David