Monthly Archives: May 2014

NC Auctioneers Commission

21 NCAC 04B .0605 BIDDING (a) No auctioneer/auction firm shall bid on items in a sale he is conducting or procure such a bid without the intent to purchase the item. However, in a sale with reserve, the auctioneer/auction firm … Continue reading

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Does the UCC 2-238 apply to auctions in NC

Yes it does. NC has the same law. North Carolina General Statutes Chapter 25 Uniform Commercial Code. Article 2 – Sales.  25-2-328. Sale by auction. North Carolina General Statute § 25-2-328.  Sale by auction. (1)        In a sale by auction … Continue reading

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Welcome to The Colonel’s Place

Col. John Thomas Auctioneer NCAL #6235 GAAL #AU004064 Second Generation Auctioneer I have been in the auction business for over 38 years. I started out with my father working and selling at auctions at 14. I sold on the auction block for the … Continue reading

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