Sheridan Realty & Auction Co.
Antiques, Art, & Collectibles, Farm & Heavy Equipment, Collector Cars & Vehicles
Place your bids for rounds of golf at courses throughout Michigan and the nation at www.teetimes4turf.com
Go to DETAILS for terms and conditions of the auction.
"Jumping the Bid" is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of acquiring an item at a lower price. There are many theories on the effectiveness of this practice and a bidder who wishes to apply it does so at their own discretion. The auction company will not lower the price of an item that has been won by a "jumped" bid with no other competing bids.