Here we can show you a great result:
Canada #26a – Queen Victoria – 5c Olive Green – Perf 12.1 x 12.1. Tough stamp in any condition, as it has been estimated that about only 6% have this perforation gauge, which must be consistent on all four sides. We offer a very finely centered example with trivial, light toning, otherwise fault free. Faint Toronto duplex cancel.
We received an enormous bid of $3500 on this lot from a good customer, along with instructions to break a tie. The pre-sale underbidder had this lot opening at only $220, but once offered the price climbed quickly and soon a live internet bidder was the driving force.
He tried jumping the bidding in increments of several hundred dollars. His bids came fast and furious but slowed down after $3000. The $3400 bid fell to the live bidder. Our bid of $3600 seemed to stop him, but after a few seconds a $3800 bid was registered and proved successful.
Bidding wars like this help make a live auction interesting for all.