Galway-Cavendish&Harvey Results

[Dave2]

I tend to agree with your post.  For used industrial equipment at auction I have seen people bid more then new.  Worried if I did attend auctions too much might end up with too much stuff which for a pack rat is dangerous.   

Worst frustration in a sealed bid is coming close but not winning.   You don't have second thoughts about the ones you lose by a long shot or ones you know some one has overbid.   Personally if I had bid higher by less then $3,000 in total I might have my purchase quota for the year.

The third one I lost I am told the buyer paid more then market.  Possibility they were buying strategically (Eg. neighbouring property owner).  I am working on my next non tax sale strategy as I have interest in this type of property long term. 

It also depends on your bid strategy.  You can bid low and expect to win only a few or bid higher and hope you are in the ballpark

Dave2