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Re: Sale of 1st after a 2nd?

Posted by JeffS-CA on June 06, 2003 at 4:24 PM

In Reply to: Sale of 1st after a 2nd? posted by SeanW on June 06, 2003 at 5:24 AM

: Good thing you spotted that. Would hate to see you own something for 30 minutes!

-------------------

I was at an auction where the 1st was sold immediately after the 2nd. I still can not figure out what the buyer of the 2nd was thinking. Fortunately for him, he was the successful bidder on the 1st too. It was not a good day for him spending over 90% FMV total, but at least he didn't lose the $35K he paid for the 2nd.

(I am a little embarrassed to say it was fun to watch him squirm while a pro bid up the price on the 1st).


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