Wonder if wifey will be impressed

rockyridgefarm

Well-known Member
Bought this print at an auction last night. It was online only and I outbid the auctioneer. Him and his daughter thought the other was bidding, and I apparently snuck in between them. Told them I would sell it to them for $300. They did not go for it.

The painter is Lavern Kammerude from Blanchardville WI. He was known for his paintings of rural farm life in the first half of the last century. I also have the book of his paintings, given to me by my grandpa 25 years ago. It is called "threshing days" and is easily found about anywhere.

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Outbid the Auctioneer? Sounds like a big ethics issue! If Auctioneer bidding- yet another reason to avoid Online/ sissy stuff! I for one can only
guess that my fat X Wife would NOT be impressed- but your money + hope you Happy!! Enjoy.
 

Why would that be an ethics issue? There is no rule that says the auctioneer cannot bid, and I see auctioneers put stuff they bought right in the truck as it sells. They obviously did not run it up or keep the price low to benefit themselves. If anything that shows they have good ethics.
 
If not, she should be and you can tell her I said so. That the type of thing I really enjoy and knowing some history makes it all the better.
 
Eric in almost all states the auctioneer can bid and buy at their own auction. However it would be well advised the auctioneer notifies the seller and discloses to the bidders their intentions of bidding.
 
Been going to auctions all my life bought lots of stuff some very much bargains , some not as much doesn't matter who is bidding dont
go over your price you cant get stiffed that way you always know you paid what you wanted no one forces you to bid ,, purest form of
capitalism left in this world
 
Perhaps 'Almost' is key word- for good reason! At least: Auctioneer has unlimited access to item pre sale, others not. Auctioneer adversities, represents , and displays sellers item as he sees fit. Buyers have no such control. Hypothetical: Auctioneer displays poorly running tractor. Other bidders (that is us 'arms-length' guys) bid up item to a price they feel is fairly justified by real time presentation of tractor. Auctioneer , before dropping hammer, outbids last 'arm-length' guy, and wins item. How is / are the Seller or Arms-length bidders expected to be confident that the tractor was correctly displaced, represented, et cetera? Simple principle- auction price IS real fair market price of auctioned item fairly represented and bid on in real time by arms length potential buyers. Logically, if auctioneer out bids same he must 1- be a fool, or 2- know something the other bidders can not. In this hypothetical- maybe the fuel filter is a bit restricted. Simple-cheap fix! Maybe the Print sold was really hand sighed somewhere under the frame, where the 'Arms length guys are unwilling or unable to inspect. Lastly, if the auctioneer honestly wants to protect the Seller, he is free to set up a Reserve Price with the seller. I say again: Auctioneer represents himself and Seller. Any Sellers agent bidding is Straw. Auction price should be bonefied real time fair market price. Only a fool outbids a fair market. If not really a fair market price than auction was improperly conducted (example- poor advertising), a manipulated (example- a Crook or Straw bidder)
 
Eric I believe there are maybe 1-2 states that the auctioneer is not allowed to bid. You say a fool only pays more than fair market values but that happens all the time at auctions. You say buyers have no such control but a smart buyer will go look at an item(s) before the auction or talk to the seller/owner. There's a lot of hypothetical and speculation in your reply. It cracks me up to hear and read how many people think auctions and auctioneers are crooked but they keep going to auctions. Sounds like you need to stay away from auctions so you don't get swindled.
 
Now I understand what you mean by straw straw. Just because an auctioneer bids at his own auction doesn't mean he's a straw bidder. You are full of it!
 
I contend that an auctioneer worth his salt (fee) will be well served to not seam the fool. Thus - with your 'just have him bid system-he hazards the look of a crook. Is that worth bringing home an underpriced trinket for the misses? Since you failed to understand my example, I'll hazard but one more. The US court system often uses auctions, and or auction data. Imagine a pending divorce proceeding. You may pick the state, save Louisiana as I was told that that is a tittle State, and I know little of same. Anyway- The once happy couple has- wait for it- 1 tractor. He sez that old thing is worth $10,000- and I'll keep it, give you (the little lady) $5,000 and pleases be gone'. She -or her mouthpiece- sez you cheating and unfair jerk- that fine American Machine is expensive- keep it and I demand $50,000 for OUR $100,000 marital property! An impasse, if you can follow... Anyway the Corts get involved and (wait for it...) say Ordered- dispose of that Marital Property and split any and all proceeds.. Now- do you really think that the Court/ little Misses would tolerate Hubby hiring an Auctioneer and somehow they claim that the bidding suddenly stopped at $9500, so the hand picked (not Hen Picked), auctioneer reached in his pocket and bought it for $10,000? Even a Judge that can't tell a 3 point hitch from a drawbar would not be amused. Now get it? If intolerable to a subway bound Judge- is that system good enough for you? Lastly- if hiring an auctioneer to dispose of real property- do you want him busy trying to bid for trinkets, or focused on properly disposing of your goods for maximum value in an ethical manner? I concede that many times an Arm-length buyer can survey some or all lots. Even the most intense pre inspection can not equal the access and control of the item exercised, enjoyed, and REQUIRED of the auctioneer.
 
Mr. newhavenjohn: I may have been less than considerate- purely by omission , I insure you. Do you need someone to explain what straw means in the context of Auctions? I was not talking about the cut hay-less seeds kind of 'straw. Always glad to help! Even common slang can confuse sometimes! My bad..
 
I figured out what straw meant. But just because an auctioneer wants to bid on something at his own auction and buy it for himself absolutely does not make him a straw bidder! Now at the auctioneer is running it up and has no interest in purchasing it for himself that's a whole different story and that's what you're confusing. That's not what the original post was about nor your original response. Also there's a big difference between absolute auctions and reserve auctions and how an auctioneer conducts them.
 
Theres also a situation where some auctioneers on live auctions working on commissions will use ghost bidders to run the price up Every once in a
while they get caught & HAVE to buy the item or be caught in their deception.
 

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