Quote:
Originally Posted by mrmustang
I'm not saying this is what is happening, just thinking out loud and asking the simple questions, as I (we) have seen similar in the past.
1: Is the high bidder legit?
or
2: Is someone trying to create a new market pricepoint?
3: Or were two intoxicated people bidding against a phantom bidder and got caught up in the frenzy?
We may never know.
Bill S.
PS: Some might remember back in the late 80's a series of Ferrari dealers getting caught bidding on each others 308's at auction to "make the market". Some might remember a dealer caught doing the same on a Cobra 20 years ago as well.
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Gee Bill, you wouldn't be insinuating that the auction business is "dirty" now, would you? Oh wait, it must be 'cause "Da Bunnies" are in it!