James,
I agree with the point you're making, but this situation did already exist
with live auctions in the form of written absentee bids, albeit to a
lesser extent. I've never trusted absentee bids after I left one with one of
the
London auction houses. They accidentally placed my bid against another
item of much lesser value, curiously just hitting my maximum, and creating a
world record price about five times over for that item.
Paul
_www.movieposterstudio.com_ (http://www.movieposterstudio.com)
In a message dated 15/09/2009 08:34:09 GMT Daylight Time,
[email protected] writes:
There's a very real difference today compared to the shill-bidding of the
past. Prior to internet bidding, there was no way for the "house shill" to
*know* what the other bidders were willing to pay as their maximum bid.
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