Re: Re: Re: Re: King Sousaphone my father gave me


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Posted by Gus Pratt on March 19, 2001 at 10:01:38:

In Reply to: Re: Re: Re: King Sousaphone my father gave me posted by Joe Baker on March 19, 2001 at 07:18:40:


No that is not what I'm saying. If the auction starts at a bid of $1 and the bid increment is in increments of $1, then you can have 9 people put in proxy bids of $2900 but the final bid will still only be $10, because each of the proxy bids are not activated on reserve auctions. Instead each of the bids will only increase it by $1.


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