Count down to the G&D auction.

[ArtS]

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!

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.

[Dean Weber]

Originally Posted by Arthur Shaffer

That is not what I said if you read closely.

Sorry, Art. What I read in post #44 was the following. After reading more closely, you were saying it is possible to lose to a lower bid, not that you did. Got it.

Originally Posted by Arthur Shaffer

It is possible to even lose to a lower bid than your pre-bid if the online bids are reported too slowly.

[edgarspencer]

Years ago, it was explained to me by Dan Kull, though I'm not 100% certain I can state it as he did to me, after loosing an 1895 Deluxe Winchester. I had submitted a written bid about a week before the auction, which I thought was the winning bid. In fact I didn't win it, because the auctioneer started the item well below my bid, but because of the bid increment, a floor bidder tied my bid, but because I was not present to enter a tie breaking bid, and the floor bidder was, the gun was awarded to the floor bidder. What I never understood, was why they started well below my bid, and not opened the bidding at what was, at the time, the highest bid.

[6pt-Sika]

Originally Posted by edgarspencer

Years ago, it was explained to me by Dan Kull, though I'm not 100% certain I can state it as he did to me, after loosing an 1895 Deluxe Winchester. I had submitted a written bid about a week before the auction, which I thought was the winning bid. In fact I didn't win it, because the auctioneer started the item well below my bid, but because of the bid increment, a floor bidder tied my bid, but because I was not present to enter a tie breaking bid, and the floor bidder was, the gun was awarded to the floor bidder. What I never understood, was why they started well below my bid, and not opened the bidding at what was, at the time, the highest bid.

If there are say six proxy bids of which let’s say five are $1000 or below and yours is say $1500 and the increment above a thousand is 250 they should start at $1250 and go from there . They shouldn’t start it more than one increment above the next closest proxy bid to yours .

[C.O.B.]

Well in this day and age of internet savvy and everyone knowing everything about everything I didn't realize there was an auction Probably just as well as the CHE 16 skeet gun mentioned would have tickled my fancy. I'm happy with the two matched pairs from the Southern so I don't feel i missed anything.

[6pt-Sika]

Originally Posted by Rich Anderson

Well in this day and age of internet savvy and everyone knowing everything about everything I didn't realize there was an auction Probably just as well as the CHE 16 skeet gun mentioned would have tickled my fancy. I'm happy with the two matched pairs from the Southern so I don't feel i missed anything.

Just so you know I handled that CHE vent rib skeet when I went to look . Little gun felt quite nice in the hands