A virgin at the auction

So yesterday I decided to go to my first auction. And as always there is a story. So my co-worker and I decide to go to a luxury home auction also the contents of a cleaning business. There were no minimums required. So when we arrive, I notice that luxury was an understatement, the homes in the gated community started at about 700,000. I didn't even feel like I was in Dayton...The family was downsizing. They auctioned off everything from furniture to books to grills to pianos to an air hockey table and more...Upon arrival, I notice a small mob gathering around a table, there was mostly junk on it and the auctioneer started the prices at around $5 per box and eventually auctioned all the tiems on the table for around about $12.50. There was every business book and manual known to man, childrens movies, and pots and pans. Now I just wanted to see what it was like so I only had $10 at the time. I really wanted some of that stuff, but here's the interesting part of the day.
Some of the people hoarded their wares off to the side after they won their bids. Afterwards people were willing to sell some of their items. So a co-worker and I looked over at a bucket of umbrellas, really really good expensive umbrellas, that she told me were auctioned off at about $25 for the entire bucket. So this white guy, nicely dressed, a businessman obviously, came peering over asking if we were interested in anything from his pile, and so we looked. Some things interesting, some not. But I say a really fancy umbrella, and I offered him $5 for it, after all he'd gotten a bucket of about 12 high quality umbrellas for %25, he looked at me absurdly almost insulted, he said "Do you know these retail for over $35 each?" I replied, "but you bought these used for the price of one" so he asked me to go higher, and I said forget it. So I see a stock pot, i've been needing on of these lately, and I offered him a dollar then 2, to get the same type of look and he said $5 and I said ok. My co-worker an auction guru, kept fanning and waving for me not to buy it but I did, she later told me that at estate auctions you can get better pots, whole boxes of them for like $1. So i'm dumbfounded, wanting my money back after all I only had $10. So I attempt to get my money back and this guy looked and me very sternly and abrubtly saying "but you already bought it, thank you though".
I decided I was done. I had to re-think going into business. I'll explore more later. My break is over.
To be continued....