Questionable Estate Auction practice


Yesterday I attended an auction with high end equipment.
I won a pair of speakers but after all the items in the setup, (turntable, amp, pre-amp, cassette deck, cd player), were sold as individual pieces, the auctioneer restarted the bidding as a set. This starts the bidding at the total price bid for all the items. As a result someone bid on 'the set' so all the individual bidders were SOL. I was not willing to go that high to get the speakers, (I didn't want the other items). So I lost the speakers even though I bid the highest. I was upset and I'm not sure if this practice was even legal. Anyone ever here of this? BTW-Speakers where Apogee Duetta II's.
fse

Showing 1 response by rodge827

I grew up working in estate auctions where child labor laws were severely subverted! I didn't complain much since the auction company was responsible for everything else in my life! The laws governing auctions can vary from state to state and town to town.
We/my Dad would have tried to sell the whole lot first, usually with a reserve, and then sold the set piece by piece if the complete lot didn't sell. Seems to me you got a raw deal! The Auctioneer should have taken a few moments before taking bids to explain how the sale would go.