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.
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