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Non-Cattle Specific Topics
Coffee Shop
When an auctions not an auction
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<blockquote data-quote="Bigfoot" data-source="post: 1480871" data-attributes="member: 17956"><p>I have seen lots not bring what the seller wanted. For instance, the bidding stops at $22 a roll. The seller passes out on the bid, and says I will take $30. High bid can bump to that if they'd like, but it's the bidders choice. </p><p></p><p></p><p>Perhaps the seller couldn't be there and set a floor? Auctioneer didn't think it was worth $40, and offered it to the gentleman for $40, and he accepted? Not exactly how an auction works, but possibly an explanation. I'm not desperate "yet", but I would have given $40. Actually told myself, that I'd go to $45. It was actually a good number for me to buy, because I haul 11 rolls at a time. 2 trips, and I'd be done.</p></blockquote><p></p>
[QUOTE="Bigfoot, post: 1480871, member: 17956"] I have seen lots not bring what the seller wanted. For instance, the bidding stops at $22 a roll. The seller passes out on the bid, and says I will take $30. High bid can bump to that if they'd like, but it's the bidders choice. Perhaps the seller couldn't be there and set a floor? Auctioneer didn't think it was worth $40, and offered it to the gentleman for $40, and he accepted? Not exactly how an auction works, but possibly an explanation. I'm not desperate "yet", but I would have given $40. Actually told myself, that I'd go to $45. It was actually a good number for me to buy, because I haul 11 rolls at a time. 2 trips, and I'd be done. [/QUOTE]
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When an auctions not an auction
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