Firearms, serial numbers and auctioneers
We have written about auctioneers and firearms several times. Today’s subject involves serial numbers on those firearms and similar devices. …
Category Archives: Auction Law
Auctioneers with FFLs “acting as if” they aren’t? Indeed they can …
Auctioneers sell firearms at auction. Some are Federal Firearms Licensees (FFLs) who sell them at consignment auctions and the like, …
The auction of firearms and qualified events
Auctioneers seem to always be looking for a “work-around” in regard to federal and other laws regulating the sale of …
Auction deemed a stunt?
As we’ve often noted all over the United States, legally there are [only] two types of auctions: “With reserve” and …
Auctioneer associations — licensing & discipline
Susan is disappointed with her auction — and the auctioneer she hired. She wants recourse for monies not turned over, …
The integrity of the bidding process
Our topic today specifically regards bankruptcy auctions, but applies equally and reasonably to any type of auction anywhere in the …
Does it cost to register?
Auctions require bidders. Bidders are often required to register in order to get a bid number, allowing them to participate. …
‘Reasonably advantageous’ auction terms
A rhetorical question was recently posed asking if auctioneers can use ‘reasonably advantageous’ terms and conditions (in their contract with …
The NAA IAC Final Round Questions ’17
At the 2017 National Auctioneers Association (NAA) International Auctioneer Championship (IAC) recently held Friday, July 14 in Columbus, Ohio, three …
Bid calling really does matter
In 2013, we wrote that “Bid calling matters” suggesting that the particular live auctioneer who is taking bids can — …
Auctioneers, auctions and title
Simply put, auctioneers need to be concerned with title (ownership) of that they are selling at auction. The burden of …
Real estate agents … auctioneers … and real estate auctioneers.
Auctioneers found this out years ago. The real estate community is just finding it out. What is remarkable, some of …
Christie’s manifestly unreasonable terms and conditions
Christie’s is one of the world’s oldest and best known auction houses. They opened in London, England in 1766 and …
Coming in waaaaaay below the pre-auction estimate
We wrote in 2010 that (we thought) most auction houses in the United States post pre-auction estimates that are purposely …
Does the “buyer’s premium” show to the seller?
Our question today involves an auction where the auctioneer/seller is charging a buyer’s premium. For example, a lot sells for …
Where is auctioneer CE needed? Everywhere …
In 2015 The Ohio State University (OSU) and I completed a study on auctioneer continuing education (CE) producing this document …
Simulcast auctions and the timing of bids
Earlier this year, I was asked by an attorney if I could tell — in a simulcast auction — which …
Auction terms versus auction descriptions …
I get a laugh sometimes when I review auction terms and conditions. I get an even bigger chuckle when I …
Pinhooking in the auction business
Pinhooking in general, and maybe “alley trading” if happening in real time such as right before they go in the …
Bidders, last good faith bids and recourse
We have written extensively on the UCC 2-328 and its many subtleties. In our topic today, we reference a treatise …
