Payne v Cave: 2 May 1789

Auction Bid Withdrawn Before Hammer Fell

The defendant’s bid for a worm-tub, and a pewter worm was highest at the auction, but he withdrew his bid before the hammer fell. The auction was under standard conditions.
Held: No contract had been made. The bid was an offer which could be withdrawn at any time before acceptance by the auctioneer’s hammer. The auctioneer’s request for bids is not an offer which can be accepted by the highest bidder.

(1789) 3 TR 148, [1789] EngR 2443, (1789) 100 ER 502 (B)
Commonlii
England and Wales
Cited by:
CitedBarry v Davies (T/A Heathcote Ball and Co) and Others CA 27-Jul-2000
The claimant sought damages from an auctioneer who had failed to accept his bid, and withdrawn the items from the sale.
Held: In an auction without reserve the auctioneer was not entitled to withdraw an item on the basis that the highest or . .

Lists of cited by and citing cases may be incomplete.

Contract, Agency

Leading Case

Updated: 09 November 2021; Ref: scu.252546