Posted by rockyridgefarm on March 29, 2015 at 18:29:31 from (75.100.187.1):
I went to the HWy 64 auction in Baldwin Saturday. On my way down, I was talking with a friend of mine. We were discussing the crooked crap that goes on at most sales, like when the auctioneer runs up price for a bit, acting like he has bids, but then starts much lower after he doesn't get one hooked. Or the jockeys hiding out in the shadows, pretending they aren't buying stuff for their lots, but they are. Or the sellers protecting their items.
I wonder why anyone hasn't cut out the caller and run a sale like this -
Crowd walks up to item and anyone who wants it steps forward. Say I'm one. I walk up and say I'll give 100. The next bidder has 10 seconds to walk up and say "I'll give 200", or whatever they'll give. $1 minimum up to $10, $5 minimum to $50, $10 minimum to $200, $25 minimum to $1000, 100 minimum beyond that. So it goes until the last person is standing with their price. Cashier is just there to say SOLD after people stop bidding... If you're the owner, you can walk up and say "I'm the owner and I want at least $1000" If no one steps forward, the crowd moves on. Cuts out all the BS of jockeys hiding their bids, auctioneers running shills, sellers protecting thier stuff, etc.
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