Auctions and the over bidder

This is my first blog! I love auctions! I started going about 10 years ago.&nbsp; Today&nbsp;we went to a local auction house and the place was packed!&nbsp;&nbsp;In my&nbsp;10 years of attending auctions I have observed and learned&nbsp;much. &nbsp;But today I had to leave early but not before I witnessed the craziest bidding war ever.<br><br>I saw a 42&quot; Bravia flat screen tv.&nbsp; I told my husband&nbsp;it may go for about&nbsp;$400- $500.&nbsp; My reason for this estimate is <strong>first this is an auction</strong>,&nbsp;<strong>2nd this is not a brand new tv&gt;&nbsp; T</strong>hough it did have the original box and remote and paperwork (a real plus)&nbsp;if you purchase electronics at an auction.&nbsp; So the bidding starts at $200, then $250, $300, $350, $400, $500, $550, $600, and I am thinking OKAY enough already,&nbsp;you can buy a brand new one for this price.&nbsp; BUT&nbsp; they are still bidding!!!&nbsp;$650, $700, $750, then $800!!!&nbsp; I look to my husband and he just laughs, I look behind him to another&nbsp;guy who&#39;s mouth was hanging open, ( for&nbsp;real, his&nbsp;jaw&nbsp;almost hit the floor).&nbsp;We smiled at each other in disbalief. Just ss&nbsp;I wanted to yell -&nbsp;Stop the Madness!, &nbsp;the bidding ended at $800!&nbsp;OMG! The poor fellow who won the TV looked very pale as he raised his bidder number to confirm.&nbsp;The auction house was quiet. <strong><em>Now, don&#39;t forget to add the sales tax plus the 10% buyers</em> premium</strong> when you check out.&nbsp; After that I was ready to go, when the house is packed you really can&#39;t get the best deals, someone always keeps it going higher than you want to pay. You just have to learn to let it go!&nbsp;&nbsp;<br>&nbsp;&nbsp;&nbsp;<br>&nbsp;As we entered&nbsp;our car to leave&nbsp;I caught a glimpse of an HH Gregg mailer on the front seat, it adverstised a 42&quot; flat screen for $599! and a 50&quot; flat screen for $899!&nbsp;&nbsp;