Fair warning
Fair warning is the auctioneer’s announcement that the hammer is about to fall on a lot. It gives everyone in the room, on the phone and online a final moment to bid. If no higher bid follows, the lot is sold at the current bid.
Fair warning is the auctioneer’s announcement that the hammer is about to fall on a lot. It gives everyone in the room, on the phone and online a final moment to bid. If no higher bid follows, the lot is sold at the current bid.