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Coffee Shop
When an auctions not an auction
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<blockquote data-quote="Nesikep" data-source="post: 1481376" data-attributes="member: 9096"><p>there area LOT of crooks at auctions.. on all 3 sides from what I've seen</p><p>Our calf weights mysteriously went up 50-100 lbs about 20 years ago when they installed new digital scales at the sale barn (wonder why?)...</p><p>A lot of auctions claim "No buybacks".. but you can be sure there are minions there buying things back if they don't get their price... I've made honest people out of a number of them.</p><p>At one auction there was a 1012 stackliner, faded but not beat up that started off at $500 when I jumped in.. I bit it up to $2500 and quit.. Same auction a trailer load of 3 and 4" irrigation pipe started at $600 and I took it to $4000 (probably about 10K worth of pipe).. If it was a buyback he was suckering me he got left with a decent auction bill at least... </p><p>I don't hum and haw when I bid.. I know what I'll pay, and I'll bid fast.. when I reach my limit I'll just shake my head and walk away... My logic to that is if people think they can win it for one more bid they'll keep going.</p></blockquote><p></p>
[QUOTE="Nesikep, post: 1481376, member: 9096"] there area LOT of crooks at auctions.. on all 3 sides from what I've seen Our calf weights mysteriously went up 50-100 lbs about 20 years ago when they installed new digital scales at the sale barn (wonder why?)... A lot of auctions claim "No buybacks".. but you can be sure there are minions there buying things back if they don't get their price... I've made honest people out of a number of them. At one auction there was a 1012 stackliner, faded but not beat up that started off at $500 when I jumped in.. I bit it up to $2500 and quit.. Same auction a trailer load of 3 and 4" irrigation pipe started at $600 and I took it to $4000 (probably about 10K worth of pipe).. If it was a buyback he was suckering me he got left with a decent auction bill at least... I don't hum and haw when I bid.. I know what I'll pay, and I'll bid fast.. when I reach my limit I'll just shake my head and walk away... My logic to that is if people think they can win it for one more bid they'll keep going. [/QUOTE]
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