Joined: Jun 2013
I Ride: '01 996R, '94 888 SPO Limited, '89 851 ex Jimmy Adamo racebike, '91 ZX7-R K1, '89 NSR250 MC18r5k, '01 GPR 75,
Yes, but all a buyer has to do to negate all that is bid whatever the max they feel comfortable with in the final seconds. If it meets reserve, you've won, and at seller's lowest price. If not, seller never sees your max unless someone outbids you. Plus, buyer is under no obligation to accept any second chance offer (and price defers to just above the third place buyer, so would require at least two shills.
Now in theory, sales that meet reserve should never be voidable. If no sale, the party to blame gets a strike and pays the full auction fees.
'01 996R, '94 888 SPO Ltd, '89 851 Jimmy Adamo racebike, '91 ZX-7R K1 homologation, '89 NSR250 MC18r5k, '01 Derbi GPR50/75, '71 CB450/500 café.
Last edited by nine16; 11-13-2013 at 07:32 PM.