[AT] Auction question

[John K Widener]

They do it around here all the time. They are just trying to get the most 
money for their customer. They even do it around here on stuff like living 
room suites.


----- Original Message ----- 
From: "Mike Meulenberg" <meulenms at gmx.com>
To: "at" <at at lists.antique-tractor.com>
Sent: Saturday, July 28, 2012 11:38 PM
Subject: [AT] Auction question


>I was at an auction today, and the way they sold one item was new to me, 
>maybe some of you can shed some light on why they did it this way. Up for 
>bid was a nice Kubota 4x4 tractor that was billed as coming with a 3 point 
>backhoe. The backhoe was a nice Woods unit. So first they auction off the 
>tractor, it brought 17,500. Then the backhoe, it brought 2100. Then the 
>auctioneer said he was going to sell the package of tractor and backhoe 
>together, and opened the bidding at 20,000. Only one guy bid the 20K and it 
>wasn't the guy that originally bought the tractor for 17,500, or the guy 
>that bought the backhoe attachment for 2100. Why would they do something 
>like that, why not just auction the package in the first place. Oh, before 
>he opened bidding on the package he offered both the buyer of the tractor 
>and the backhoe a chance to sweeten their bids, neither did.
>
> Mike M
> _______________________________________________
> AT mailing list
> http://www.antique-tractor.com/mailman/listinfo/at