Quote:
Originally Posted by Chaplain
What I can't understand (maybe I have it wrong) is that the bidding hit 1.3 million and then he sold it for 1.165 million. Did I miss something?
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You didn't miss anything. It is typical in a reserve auction for the auction company to 'raise the bid' to or near the reserve figure.
The reserve was 1.5M. The seller later dropped the reserve.