Quote:
Originally Posted by Dean Weber
Art,
As a seller in the G&D auctions, I am especially interested in your comments regarding a lower bid gaveling when you had a higher pre-bid. I urge you to call G&D to advise them so they can investigate. If you do, it would be great to hear their findings.
Best!
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That is not what I said if you read closely. What I said was that it was possible to be the listed opening bidder and lose the auction when a duplicate bid is accepted from the floor or elsewhere and the auction closes before you realize your bid is not the the official bid, even though you were the high bidder when the lot opened. That has happened. There is no perfect solution when you are bidding over an internet connection, but that problem is becoming less of an issue with network improvements. As seller you are just as exposed to that issue as the buyer. I have lost many auction items in many auctions due to a temporary glitsch in communication, and that has to be accepted as part of the system. It also deprives the seller of an extra bid, but no one knows except the bidder. What I am addressing here is the fact that I have been the bidder of record when the lot opens, thought I had the bid and didn't realize I had lost until the hammer dropped.