Re: July 4 farm auction-will things go cheap?

Posted by NEsota on July 02, 2005 at 16:31:35 from (64.210.64.70):

In Reply to: July 4 farm auction-will things go cheap? posted by mlm on July 02, 2005 at 07:24:27:

The tone of the postings here suggests that the only reason auctions exist is so that a buyer may buy below the market. Maybe there are other reasons like to establish what the market is and to allow the buyer and seller to do a fare deal. Too bad the guy with Alzheimer's who sold under the market was not selling at public auction. His buyer may not agree with this, may brag about his bargain for a long time.

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