Auction-conditions of sale

SwK

Recently I had to read carefully the conditions of sale, after reading I realised that as a buyer I have very few rights even if I am the highest bidder. There is a prefernce for floor bidders even if the bid is lower than the book bid, there are mant problems.

What are your opinions based on dificult experiances in bidding both on the floor and remote bidding?

After reading the modern condition I reverted to the 1850's and the riles were simple - 6 short paragraphs only.

Regards

wybrit

Yes, the auctions do seem to favor the floor bidder, and I know others here who can tell some specific stories about it. My online bidding experiences have been positive, however, even with primitive operations who take bids by email.

MacCrimmon

<< <i>Yes, the auctions do seem to favor the floor bidder, and I know others here who can tell some specific stories about it. My online bidding experiences have been positive, however, even with primitive operations who take bids by email. >>




Yeah, so you're the guy driving up prices 'cross the pond.


I've noticed that the Internet bidders (at least with Heritage) seem to be more prolific, and successful as of late, no doubt due to improved systems and wider broadband access.

However, the gross failures of the "early days" of eBay LIVE (i.e., Terner I in 2003) marked me as far as bidding online during a "live" auction. If it's a coin I must have, or at least 'see in the flesh', I'll either attend to bid from the floor myself, or engage the services of a trusted agent to bid on my behalf. Generally, the action is just to rapid to count on the bid reporting from the front table and there is still too much latency in the process to completely allay my fears. Plus, if you are on the floor you have a much better idea as to whether your competition is legit, or a potted palm in the back of the room.


Cheers!

Slan go foill.

JCMhouston

I've had generally good experience with Heritage bidding, however like Mac I had a bad experience ealy on (with Goldberg live). Now I usually put in my bids prior to the auction, but then watch the live bidding in case I can pick up something cheap, that's how I got the 1804 bronzed copper proof 5 Shillings this year.