Mike Brandly, Auctioneer
It’s old so it’s valuable?
As auctioneers, we are often told that something is old and therefore valuable. For instance, “This belonged to my great-grandmother …...
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Mike Brandly, Auctioneer
May 9, 20222 min read
Auctioneers: Yes, yep, yeah, yup … or what?
Ringmen (and ring women) often have to communicate that a bid has been offered by a bidder so that the auctioneer notes such a bid. To...
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Mike Brandly, Auctioneer
Oct 7, 20193 min read
Bids that can/can’t be placed at auction
Here’s who can and can’t bid for the two types of auctions (with reserve and without reserve:) Absolute (without reserve) auctions:...
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Mike Brandly, Auctioneer
Oct 1, 20182 min read
The highest price … or the highest offer?
Song Dynasty. One such example came up for auction in London, England and Dr. Yao planned to attend and bid. The day of the auction, Dr....
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Mike Brandly, Auctioneer
Sep 10, 20183 min read
UCC 2-328 allows reopen if other bidder is upset?
Quite frankly, bid calling isn’t terribly complicated in that auctioneers basically take (accept) bids from individual bidders until...
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Mike Brandly, Auctioneer
Jun 15, 20172 min read
Lot 0 (Auction Information) confusion
What’s the problem? People are actually bidding on this Lot 0 — trying to buy the auctioneer’s terms and conditions, I suppose … but is...
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Mike Brandly, Auctioneer
May 22, 20172 min read
Bidders, last good faith bids and recourse
That analysis is here: https://mikebrandlyauctioneer.wordpress.com/2011/06/30/if-the-seller-bids/ As we have stated in countless...
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Mike Brandly, Auctioneer
Apr 5, 20172 min read
At auction without the genuine intent to sell
We’ve written extensively about auctions where the seller has the “Genuine intent to transfer to the highest bidder regardless of price.”...
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Mike Brandly, Auctioneer
Jan 26, 20172 min read
Missed or misplaced bids?
That contention encompasses that it is the responsibility of the bidder to make his bid known, rather than the responsibility of the...
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Mike Brandly, Auctioneer
Sep 27, 20162 min read
Terms and conditions only for seller’s protection?
Terms such as this often include that “buyer’s must register,” “everything is being sold ‘as-is,'” and “payment is due at a certain...
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Mike Brandly, Auctioneer
Apr 27, 20162 min read
Most reputable comrade in the auction business
This news release was widely publicized and it’s an easy read — this comradeship benefits both parties and helps all buyers and sellers —...
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Mike Brandly, Auctioneer
Feb 15, 20163 min read
The Ford F-150 Experiment
At a class recently held by the National Auctioneers Association, an instructor asked auctioneer attendees what they would search on the...
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Mike Brandly, Auctioneer
Feb 2, 20162 min read
Nobody bids just once …
This was no doubt in regard to a live auction where an auctioneer can assume nobody bids just once. In other words, if he bids $5,000,...
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Mike Brandly, Auctioneer
Jul 1, 20152 min read
The need to bid?
These bidders go to buy things they want or need. But do they have another less obvious need? I’m going to suggest for many, they have a...
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Mike Brandly, Auctioneer
May 27, 20153 min read
How long is a bid a bid?
For example, an auctioneer saying, “Somebody start me out at $500,000 …” is a suggestion — an invitation to offer $500,000. If a bidder...
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Mike Brandly, Auctioneer
Aug 25, 20143 min read
Auctioneer doesn’t pay full price?
We previously wrote more about our operation here: http://mikebrandlyauctioneer.wordpress.com/2014/05/27/auctioneers-and-d-u-s-t/ Another...
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Mike Brandly, Auctioneer
Mar 13, 20143 min read
Can the high bidder bid against himself?
Fortunate for David, an auction in New York notes a complete liquidation of a longtime Boston Red Sox collector taking place Saturday. ...
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Mike Brandly, Auctioneer
Dec 2, 20125 min read
When does a bid become a bid?
With a large estate auction near Rachel’s home scheduled for next Saturday, Rachel calls Chris to see if he can return home. He can. The...
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Mike Brandly, Auctioneer
Jul 3, 20114 min read
Bid suppression at auction
John arrives and surveys the items up for bid, checking his smart phone for item details and comparative pricing. Just then, he sees his...
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Mike Brandly, Auctioneer
Jun 30, 20112 min read
If the seller bids …
The UCC 2-328 speaks to this issue in a somewhat peculiar fashion. In particular: 2-328 (4) If the auctioneer knowingly receives a bid on...
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