General Discussion
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Subject: Live auction question
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From
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Location
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Message
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Date Posted
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| monsterdog |
Slate River,Ont. Canada
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Say during a live auction two sets are available on one lot.Bit is at twenty dollars and two people both bid twenty five. Bidding them stops. I understand that the first person who bid twenty five will win the lot but who will the second set? The second twenty five bid or the twenty bid?
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1/15/2017 11:46:09 AM
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| Rick j. |
stoughton WI
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The 20 bid would get the second lot, because the second 25 bid is an underbid.
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1/15/2017 12:09:57 PM
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| monsterdog |
Slate River,Ont. Canada
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That's what I figured but wanted to be sure. Thanks Rick!
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1/15/2017 12:22:17 PM
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| Vol4Life |
Tennessee
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But first 25 has option to take both.
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1/15/2017 12:41:03 PM
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| Total Posts: 4 |
Current Server Time: 12/28/2025 5:15:00 AM |