Auction.. I heard 70 Million
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somebody tried a slick one...seen that severl times at local auctions.....the bidding stopped and auction integrity takes a hit 0 -
The owner probably didn't want to sell it anyway.
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At an estate auction a few years ago, several attendees we interested in the deceased farmer's pickup truck. Everyone gathered around when the truck bidding was opened.
It started at $1000 and quickly climbed only to stall right about bluebook value of 4 (thousand $).
One old fellow jumped in excitedly and thinking it was hundreds, not thousands bid like a crazy man.
Someone, a shill? Kept bidding against the guy until the auctioneer stopped the circus and in plain english, explained the bidding on a $4000 truck was now at $19000!
He hit the auction reset button and the truck was reauctioned for 4 grand.
Obviously, someone had the job of driving up the bidding....0 -
when to a estate auction was interested in the mans ford 1995 with 30,000 on the clock looked it all over top to bottom and all under sat in garage for a few years perfect shape ,last item to sell for the day crowd circled to sale auction man started to sing for about 3 mins ,nothing,,,i was standing to his left and he looked at me I gave him a 5 finger spread he look shocked had to ask if I ment 500 hun or 5k I said 5k ,,half the crowd turned away thought I had it bid bumped to 5500 me went to 5750 ..truck sold for 7200 heard auction man say it they did not think they would get 3k
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Got a call from a dealer years ago to purchase a Corvette he had gotten at an auction. Seems he was the shiller... bidding the car up so the seller would get his price. Well something went haywire during the process and he got the figures messed up where he was to stop and had to buy the car... A rare Callaway Speedster. Auctions are not what they seem. A lot of ghost bidders..auctioneers raising the bids when no one is bidding. 0 -
select-fire wrote:
snip . . .
auctioneers raising the bids when no one is bidding.
I spent a couple of years working with an auctioneer, so I kind of have an idea of what can happen.
I went to an auction of military items and found a "spam can" of ammunition I needed for my collection. It was in good shape with the "key" present and soldered to the top.
I went back and took my seat.
When the bidding started, I did what I always do at an auction - let the two guys bidding decide who is going to quit first and then start, if they ended where I was still a buyer. The second of the two guys stopped shortly after I bid. They were standing behind me, so I could not see either one of them.
The ringman brought me my ammunition and the auctioneer moved to the next item. The "key" was missing. I asked the ringman about it and we started talking about the possibilities. After the auctioneer sold the item he was working on, he asked what the problem was. I told him the "key" was missing. His policy was to sell it again and I would have to pay the difference, if it brought less. In other words, I had to pay the next guy to buy it. I told him I would talk to the runner up and asked who that might be since he was standing behind me. The auctioneer nor any of the ringmen had any idea who the runner up might be.
We had been "auctioning" for about three hours by then. The auctioneer and the ringmen (me included) for the guy I used to work for would know the bidders numbers withing 45 minutes of the start of the auction. This crew couldn't remember the guy that was the runner up on an item that sold less than two minutes earlier? Sure.0 -
Damn Russians plying their trade. Maybe it was a test for 2020? 0
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