A friend was bidding from home on a very expensive item as an online bidder during the Mecum Monterey Auction last month.
He placed his Max bid & was notified he was now the winning bid at just under 10K with an email confirmation.
He went to bed,woke up the next morning with intent to pay,but couldn't...Mecum informed him that he in fact lost the bid to another bidder on the floor,AND for much less then his maximum bid was too.
Turned out a 3rd party bidding company which was what he was bidding through,(and unbeknownst to him),didn't process his higher bid in time,so time ran out and he lost the item as it hammered without acknowledging his higher bid.
So why then did he get an email confirmation from Mecum???
To say he's ***** a month later would be an understatement.