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#1 | |
Member
Join Date: Mar 2005
Location: USA Georgia
Posts: 1,599
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I don't often do live auctions, get too excited and make really dumb bids. That's why I use a sniper. Just set it and see if I won it later. But can someone tell me how does an "absentee bid" work? As I understand it, you can make a large bid in advance and the auctioneer will incrementally bid in your bid, just keeping ahead of the other bidders. But if you are online, whatever you bid is the price. This may be why Rick points this out. It looks like the buyer bid it up himself? ![]() ![]() ![]() |
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#2 | |
Vikingsword Staff
Join Date: Nov 2004
Posts: 6,347
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Inexperience, item lust, L.O.K. (lack of knowledge) are some of the reasons . Then comes 'Buyer's Remorse' . Who hasn't been there . ![]() |
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#3 | |
Member
Join Date: Mar 2005
Location: USA Georgia
Posts: 1,599
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Well, yeah, but I would not have bid on this piece in my wildest testosterone-induced bidding state, anyhow. For what it is claimed to be it was very cheap. For what I suspect it really is, it was far, far too much! |
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#4 |
Vikingsword Staff
Join Date: Nov 2004
Posts: 6,347
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"There but for fortune."
(and knowledge) Eh ? ![]() |
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#5 |
Member
Join Date: Nov 2006
Location: The Netherlands
Posts: 2,235
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Absentee bids at auctions are a matter of trust.
A respectable auction house is not suposed to use imaginairy floor bidders. Personally I would not be happy to be floor bidder and have some anonimous ebay bidder bring me to higher prices. Unless of course the auction would not be anonimous and you would be able to check all biiders. As for chinese items, I like the food. That must be about the only chinese thing where "what you see, is what you get" . |
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#6 | |
Member
Join Date: Mar 2007
Posts: 407
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I have talked to a few collectors in China and America about this, and there seems to be debate whether some are genuinely 18th c. with some early 20th c. copies and many fakes, if there are a few high quality 18th c. pieces and many fakes, or if there were a large number of early 20th c. wall hangers made that are now being copied. Josh |
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