Lucas learnt that an auction was in progress. His friend suggested that they peeped in, to watch the fun. Despite the caution from his friend, he started bidding at moderate rates. He had only 63 pounds in his account. A bidder was supposed to have a minimum of 500 pounds to take part in the bid. As bidding for most of the paintings were started with two or three digits in guineas, the author sailed through raising the stakes of many paintings and staying behind watching millionaires bid with higher prices. But one painting viz big Daubigny was launched at an offer price of 4000 Guineas.
Only one bidder showed interest. The rest were in silence. The author heard himself say “and fifty”. After seconds of uncomfortable silence, the dealer banged the hammer indicating the acceptance of the narrator’s offer of 4050 guineas for the painting. It was only then the narrator realized that he was in a tight comer. He wished a firing squad would be welcomed to eliminate him and put an end to his mental agony. He had no friend or relative or even money lenders who could extend him a loan to raise the money. He had got into a mess of his own choice.
“Auction houses run a rigged game. They know exactly how many people will be bidding on a work and exactly who they are. In a gallery, works of art just needs on to pay. ”