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Unread 09-17-2024, 06:13 PM   #1
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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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Unread 09-17-2024, 06:34 PM   #2
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Quote:
Originally Posted by Reggie Bishop View Post
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.
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.
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Unread 09-17-2024, 06:57 PM   #3
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Edgar,
That exact same situation happened to me during this auction. I was high bidder when the auction started and the item sold for my high bid amount to someone else. Being there in-person does have it's benefits.
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Unread 09-17-2024, 07:02 PM   #4
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The last gun I bought by auction was via an absentee bid. I specified my maximum bid plus one. Which means they (the auction company) automatically adds the next bidding increment in the event someone ties your max bid. I won that gun with the plus one increment.
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Unread 09-17-2024, 08:11 PM   #5
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The auctioneer did say that if I really want something, just put "Bid To Win". He obviously had me mistaken for someone else.[/QUOTE]

For some reason, I thought that was you Edgar "Bid to Win"
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