Quote:
Originally Posted by Reggie Bishop
Edgar I think most all auctions work that way. If the bidding stops below your max you pay less. If it exceeds your max you lose out. The last gun I purchased via auction I placed my highest bid. The bidding increased but stopped just shy of my max so I won.
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That's the part I do get. What I didn't get was why a floor bidder can tie my bid, and my bid was submitted weeks before, but the floor bidder won it. My thinking was earliest bid should win, but they explained that I wasn't there to break the tie. Now, if I pre-bid in an auction, I walk away, and let the chips fall.
The auctioneer did say that if I really want something, just put "Bid To Win". He obviously had me mistaken for someone else.