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<p>[QUOTE=&quot;all_fakes, post: 223864, member: 55&quot;]Sometimes, rarely, a live auctioneer will take a bid at less than a full increment; usually with a little laugh.....if bidding has nearly stopped, say at $600, and the next increment should be $700, but a bidder near the front yells out &quot;How about $650?&quot;</p><p>But I&#039;ve never seen that with small increments like $2, or such.&nbsp; (And often such a partial-increment bid will trigger a frenzy of new bidding).</p><p>And re</p><p><br /></p><p>A live auction that I patronize frequently, will always start at the second highest bid if there are multiple absentee bids; this insures that the highest absentee bid gets a fair shake, and at a minimum, may pay only one increment above the second-highest; beyond that, bidding will be driven by in-house and phone bidders until the highest absentee bid is reached or exceeded.</p><p>Starting at the max absentee bid will often result in that bidder winning, but at a substantially higher price than necessary.&nbsp;&nbsp; I wouldn&#039;t want to be an absentee bidder in a house with that practice.[/QUOTE]</p><p><br /></p>

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