[AT] Auction question

Vaughn Miller vemiller at gmail.com
Sun Jul 29 05:31:31 PDT 2012


It's done here, I most commonly see it with combines or forage harvesters with headers.  As long as the auctioneer clearly communicates, there is nothing unethical about it.  I've usually only seen it on big ticket items (I have seen it done with real estate parcels too).

Vaughn Miller
Dillsburg PA

On Jul 29, 2012, at 6:53 AM, "charlie hill" <charliehill at embarqmail.com> wrote:

> It's been going on for years around here but they always announce up front 
> that they are going to sell the items separately and then sell them as a 
> package and take the sale that brings the most.  I don't much like it either 
> but that's the way it's done.
> 
> Charlie
> 
> -----Original Message----- 
> From: Dean VP
> Sent: Sunday, July 29, 2012 2:13 AM
> To: 'Antique tractor email discussion group'
> 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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