Bob -

Now THAT makes sense.  I hope this is true with all auction houses because
I've long been suspicious of such "huge bidding leaps" on the floor, with no
increments accepted in between.

** If auctioneers simply added one line -- "we have two competing absentee
bids that begin with $2500," well, I think it'd give me less reason to be
suspicious.

-koose.

----Original Message Follows----

From: [EMAIL PROTECTED]
Reply-To: [EMAIL PROTECTED]
To: [email protected]
Subject: Re: Bonham's - Absentee Bidders Treated Unfairly?
Date: Mon, 5 Dec 2005 22:04:34 -0800

I've seen that sort of thing happen a lot before...

Sometimes it looks shady (and maybe it is).  But, other times it just means
that there were 2 (or more) absentee bidders.  For instance, one absentee
bidder bid $2,400, the other bid $3,000 - so the auctioneer immediately
jumps to $2,500, then starts taking floor bids (that get immediately outbid
by the second absentee bidder)...

Cheers,

Bob

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