1 Winning bid is within 5% of the reserve price (the highest price the bidding agency will accept) 2  Bids are round numbers, when that is unusual.  Bidders submit bids in subsequent re-bidding rounds in same order as in original bid.
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Best Answer: It was a rebellion of farmers in Massachusetts led by an ex-continental soldier by the name of Shay.t was basically the working mans revolt against the government. Daniel Shays was a Revolutionary War Veteran. They attacked some courthouses, and were going to attack and get supplies in Springfield Massachusetts but Daniel Shays and about three other leaders fled to Vermont and their army surrendered.