U.S. Stamp News 32 April 2021 "On the rare occasion that someone asks my auction firm that they want a buy bid I have a standard response.…I will just record your bid as a hundred thousand dollars. Competition determines the value and price for each and every auction lot as presented in the auction catalogue. By personally attending a public auction you can observe those persons who are bidding to include authorized auction agents as well as the bids being executed by the auctioneer on behalf of the pre-auction bidders. [Extracted from the article]
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