I was 12 years old the first time I waved my arm at an auction.
They sold everything at that site from livestock to feed to miscellaneous, even the unclaimed stuff the police recovered.
They did not use bid cards, as soon as the auctioneer said sold the clerk would collect the money from you.
I was after a bicycle but I could not afford what they were selling for.
The police would usually bring in a few dozen bicycles for each sale along with a large number of loose wheels usually roped together in a pile.
Nobody ever bid much on the wheels as the average person did not have use for more than 1 or 2 at a time.
Not surprisingly the first time I tried to bid I was not taken seriously, I tried again this time waving with a 5 dollar bill in my hand and I became the proud owner of 15 10 speed bicycle wheels.
Back in the 70's 10 speeds were still quite popular and by running an ad in the local paper I had no problem selling 3-4 wheels a week at $15 for rears and $10 for fronts.
With seed money in my pocket and an auctioneer that would acknowledge my bids, this turned into a very lucrative business. I had a rack in my parents garage that any given time had 15-20 reconditioned bicycles and a mountain of wheels and parts that were selling steadily.
This venture then led to motorcycles and outboard motors followed by a ton of boats and snowmobiles then on to cars, trucks, tractors and whatever else looked interesting and profitable.
Still cant pass up going to an auction be it online or in person.
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Today's Featured Article - Restoration Story: 1929 McCormick-Deering 10-20 - by Randal Simmon. On July 4th 1998 my dad and I was sitting on the front porch when he said that he was going to sell his two 10-20's to a junk man. He said that the junk man was going to give him $500 for both of them but he hadn't received the money for them yet. So I went into the house and wrote him a check for $500 and bought them myself and said now they are mine. He had bought them about five years before thinking that he was going to restore them himself. After five years sitting in the barn, he changed h
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