Quote:
Originally Posted by danc
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As far as Sanders go, I have placed bids in their auctions, got outbid and saw the same items in the next catalog. I don't know what to make of it as my bids were more than generous and if someone topped me, why was it offered again?
DanC
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#5 underConditions of Sale for Auction says the following: If a lot is offered subject to a reserve (the confidential minimum price below which the lot will not be sold), we may implement such reserve by biding on behalf of the consignor, whether by opening bidding or continuing bidding in response to other bidders until reaching the reserve. Nate D. Sanders may own some or many of the lots in this sale.
That would explain your situation and exactly why I personally prefer not to bid on their auctions any longer.
08-04-2011, 12:10 PM
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