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#11

11-12-2011, 09:41 AM

calvindog

Jeffrey Lichtman

Member

Join Date: Apr 2009

Posts: 6,092

Scott, and I'm serious -- I think many, many bidders don't leave ceiling bids on auctions because of the fear of fraud by the house. I suspect most would tell you that. It sucks that with the houses ending auctions at 5 am that leaving ceiling bids is not done due to the potential fraud which only serves to keep prices down. But the auctioneers have no one to blame but themselves.

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