Hunts/Invaluable

[Aquarian Sports Cards]

Originally Posted by buymycards

Isn't a ceiling bid supposed to be unknown to the auction house? i.e. - My ceiling bid is $1000, but my actual bid at that time may only be $200. Are they talking about one increment below the actual high bid?

You'd think so, but many of the online general auction platforms reveal ceiling bids to the auction companies. Auction Flex and Invaluable do, so if you see an auction company using either of those platforms be careful. We started our online auctions with auctionflex and that was one of the reasons we stopped using them.

[perezfan]

Getting back to Hunt.....

That was an amazing auction. Incredible Vin Scully collection. And Larkin, too... surprised to see he's selling so many of his Awards and Trophies at a relatively young age..

Almost every Scully lot exceeded Hunts' pre-auction estimates by a mile. Cannot ever recall seeing such spirited and rapid bidding, and the auction seemingly ran forever. I've never seen one of these Hunt Live Auctions drag on for that long (or even close!)

[scgaynor]

Originally Posted by Aquarian Sports Cards

You'd think so, but many of the online general auction platforms reveal ceiling bids to the auction companies. Auction Flex and Invaluable do, so if you see an auction company using either of those platforms be careful. We started our online auctions with auctionflex and that was one of the reasons we stopped using them.

I can tell you from experience that you can't see the ceiling bids with invaluable. That is hidden to the auctioneer. I can't even see who is bidding, just that a bid was placed.

[Aquarian Sports Cards]

Sorry I thought invaluable was one of the ones that allowed that. Didn't mean to impugn you Scott. I can say with 100% certainty that you can see top bids on Auction Flex.