If an auction is listed as unreserved and no buy backs, the auction company can stop you from bidding or having someone else bid on your behalf. Ritchie Bros. strictly enforces this and I believe has taken to people to court over it. You have to sign and agree to the conditions of the sale. You don't follow what you signed is a breach of contract. I've had a few things in a reserved auction not sell. The first time the auctioneer charged me half of the normal commission because it was at a farm sale. The next time was at his sales yard and he didn't charge me anything. Another time I had a riding mower that didn't meet my reserve but the highest bidder really wanted it. The auctioneer called me up and asked what I would need for it. I lowered my reserve about $250 and they sold it for me. I figured $2400 was better than nothing.
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Today's Featured Article - Fordson Model N: Field Service Operations and Lubrication - by Anthony West. The daily or weekly servicing of any vehicle is of the utmost importance, and in days gone by when our favorite tractors were doing an important and Commercially vital job on the farm, these service operations would make a major difference to the running costs and economy of the farm. This being so, it surprises me to see how many enthusiasts attending rallies, shows etc, seem to be unaware of the importance of this constant attention. Possibly the modern machine with its 6,000 mile or even once
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