 | | Re: Proxy ratcheting: How do auction systems work?
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Larry, We pulled our hair out over this one too. In an attempt to be fair - in an environment that allows both firm and proxy bids - we arrived at the following, which acts in favor of the existing high bidder in 2 of 3 cases:: Starting bid $100. (...) (25 years ago, 19-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) I think AucZILLA works differently (but I can't recall for certain - that's Todd's baby) I know e-bay does it differently(1), which implies, at least, that Everyauction and similar servers would follow suit. I know that on most e-bay bids I (...) (25 years ago, 19-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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I don't know how AucZILLA works- but a lot of commercial auction sites claim to have taken this into account and claim that the earlier bid would win. When describing proxy bidding, sites like ebay state: "Also, in case of a tie for high bidder, (...) (25 years ago, 19-Apr-99, to lugnet.market.auction)
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| | Proxy ratcheting: How do auction systems work?
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I (as well as all other participants) got a note from Ian Bishop in early March about a proxy quandary that had arisen. Seems he had a bidder that had bid 285 (a winning bid at the time) with proxy cap of 300. Someone else subsequently bid 300. Ian (...) (25 years ago, 19-Apr-99, to lugnet.market.auction)
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| | HUGE Auction, Train, Technic, Town and Pirates!
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Hello fellow Lego fans, So I can buy more Castle sets, I have decided to auction more great Lego sets! Please let me know if you have Castle sets for trade or sale! I have over thirty sets on eBay from the Trains, Pirates, Technic and Town themes! (...) (25 years ago, 19-Apr-99, to lugnet.market.auction)
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| | Update 4/18/99 pm: Pirate Auction - New Item added (Basic Building Set 725)
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Hello all, I am adding a set to the auction. This set is 725 Basic Building Set. It is an unopened box with a little shelf wear. The starting Bid is $30. I would like to move this one quickly, so it will be "going once" with the first bid. 725 $30 (...) (25 years ago, 19-Apr-99, to lugnet.market.auction)
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| | DACTA/MONORAIL auction update 7PM 4/18/99
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Good Morning!! Mark's SuperAuction III Update as of 7PM 4/18/99. Some items are now SOLD. Others will be sold soon. Bids will advance at 9PM tonight. All winners please give me your mailing address and preferred method of shipment. Some new items (...) (25 years ago, 18-Apr-99, to lugnet.market.auction)
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| | [Auction] 1977-1984 sets update April 18th 1999
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Advances (Going 1, Going 2, Sold) will start tomorrow. Open sets ---...--- Set Name Bid Bidder 210 Cowboys (US set# 198) 5 Rufus 214 Road repair 6 Rufus 231 Hospital 50 Pat 256 Police officers and motorcycle 5 Rufus 316 Fire fighting launch 55 (...) (25 years ago, 18-Apr-99, to lugnet.market.auction)
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| | Re: The Gary Louie Memorial Auction
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Wow! With the addition of Kevan Houser's space landing plates lot (URL) Derick Bulkley's Imperial Trading Post lot: (URL) are up to TWENTY lots. That is sooooo cool! Thank you everyone. Please visit and contemplate bidding. Donations still welcome (...) (25 years ago, 18-Apr-99, to lugnet.market.auction)
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| | Update 5: Pirate Auction
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Current bids: 6289 Alex Eulen $100 going once 6289 Otis Anderson $100 going once 6289 Frank Filz $110 going once 6263 Frank Filz $22 going once 6263 Pat Shepard $22 going once 6263 Mark Parker 2 @ $22 going once *****A reminder just so everyone (...) (25 years ago, 18-Apr-99, to lugnet.market.auction)
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