Auction bidders playing silly buggers

[elninjo]

what if the bidder is only 7 years old :lol:

he will get away with this non sense

lol, I am not going there again.

Cooling off periods only apply to the purchase of land/houses. (Section 31 of the Sale of Land Act) and that right doesn't apply to auctions of land/houses. So if you auction your house the buyer doesnt have a right to any cooling off period. The sale is done (legally) when the hammer falls.

And I like the idea of offering the difference between the 2nd highest bid and yours

 

[dollars]

Last post on this subject

I had a quick look on the sale thread concerned

three one ounce coins

final price above $40 per ounce while spot moves around the mid A$20's

Looking at the bigger picture I don't see the problem

 

[Eureka Moments]

1 oz rounds actually.

They are known as collectibles and their price has no relation to spot.

Quality may not beat quantity in some peoples view but its easier on your back.