[AT] Auction question

[john hall]

Seen it before and don't like it.
John Hall

----- Original Message ----- 
From: "Dean VP" <deanvp at att.net>
To: "'Antique tractor email discussion group'" 
<at at lists.antique-tractor.com>
Sent: Sunday, July 29, 2012 2:13 AM
Subject: Re: [AT] Auction question


> Mike,
> An auctioneer trying to get the most amount of money for his client. I 
> don't
> think I would consider that practice very ethical. He has wasted two 
> bidders
> time.  I don't think I've ever seen that done at any auction I've been to.
>
> Dean Van Peursem
> Snohomish, WA
>
> -----Original Message-----
> From: at-bounces at lists.antique-tractor.com
> [mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Mike Meulenberg
> Sent: Saturday, July 28, 2012 8:38 PM
> To: at
> 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
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