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Tractor Talk Discussion Board

Re: did I pass up a great deal???


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Posted by MF Poor on April 05, 2010 at 05:33:36 from (72.4.0.230):

In Reply to: did I pass up a great deal??? posted by Dave from MN on April 05, 2010 at 05:15:10:

I went to a sale a few weeks ago that went something like that. Bids would be rolling in and all at once the auctioneer would just cut it off. I found out later there was some sort of pre-arrainged deal where family members and friends would have to bid in a minimum amount for some items, but once the price reached that amount, they could have them uncontested. The will stated items had to sell at auction, but I guess it didn't say it had to be a LEGITIMATE auction. On one item, I was bidding, had my hand up, and the auctioneer was looking right at me when he declared the item sold...to someone else. At that point I went home.


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