jtryka Posted March 8, 2015 Report Share Posted March 8, 2015 So here is my problem, I was watching the Lyn Knight live auction as I was bidding on a cheap lot of large size $5, $10 and $20 FRNs and I wanted to make sure my web bid held up (so I was prepared to bid more). Well after the previous lot (I thought) had passed and they got to my lot, I thought I had been outbid, since I bid $400, and the next bid was $425, but suddenly the bid button said $450! So I quickly hit the bid only to realize somehow the previous lot had come back, I bit on it and won a $5 Fr. 863a from Richmond in PMG 64! I ended up paying $450 not including the juice, but this was a lot I never looked at and had no intention of bidding on, so how much of a disaster did I buy? Meanwhile I won the other two bargain lots I bid on, 18 Fr. 237 and 238 $1 silver certs and the aforementioned lot of $240 face in $5, $10 and $20 1914 FRNs. Link to comment Share on other sites More sharing options...
coinman_23885 Posted March 8, 2015 Report Share Posted March 8, 2015 Call the auction house; perhaps they could afford you a remedy. I know others have had success occasionally with things like this in the past. I have had it happen to me a couple of times at Heritage, and it actually turned out to be blessing in disguise both times. I actually made a profit on both and sold them quickly! (Of course, I am referring to coins, but it is analogous). Link to comment Share on other sites More sharing options...
jtryka Posted March 8, 2015 Author Report Share Posted March 8, 2015 Well I don't think that's necessary, I have the funds to cover it, so I'll just suck it up and put the winning item away, I just would hope I didn't pay that much for a note worth only $200! Link to comment Share on other sites More sharing options...
beryl-migration Posted March 19, 2015 Report Share Posted March 19, 2015 At $488.75 you paid a fair price if you like the note. Although you can't see the back your note appears nicer than the same note in PCGS 64Q which sold at Heritage in January. I hope you enjoy such a nice example to contrast with the well-worn notes in the next lot. Link to comment Share on other sites More sharing options...
MikeKing Posted April 14, 2015 Report Share Posted April 14, 2015 My cat walked across my ipad one night while I was watching an auction in bed. She hit the bid button and the bid went through on a note I had no interest in, fortunately, there was bidding afterwards and I didn't get stuck with the note. Link to comment Share on other sites More sharing options...
