Cool auction

[whirnot]

Originally Posted by desotoguy

I know of at least two antique car auctions that the owner stayed with the auctioneer and if the vehicle didn't reach his price, it was a no sale. Most of the crowd left when they realized what was happening. Look for "absolute" in the auction flyers.

That is very common. Those cars had a reseve. Some auctioneers will notify the crowd when the reserve has been made.