 | | FA(eBay): Parts lots (windows, treasure, more)
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12 sets of 4 Lego gold coins (URL) windows (8) and doors (4) (URL) fences, umbrellas and rails (URL) inverted slopes (URL) LARGE and small red plates (URL) grey plates (URL) 1x16 tan bricks (URL) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | FA(eBay): Technic parts, MANY lots
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Many large Technic wheels and tires (URL) rubber tracks with hubs (URL) Cyberslam special pieces (URL) gears including worms and extra-large (URL) bent round-end beams (38) (URL) round-end beams and other Technic parts (URL) Technic plates (URL) (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | FA(eBay): Pirate, Paradisa, ninja stuff
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6263 Imperial Outpost MIB (URL) ninja minifigs and equipment (URL) 6414 Dolphin Point (URL) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | FA(eBay): Wild West sets and parts
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Wild West parts - Brown log walls (12) and 1x4 (62), 1x2 (85) bricks (URL) West minifigs - 5 cowboys, bank guy, weapons (URL) Cavalry minifigs - 1 officer, 2 NCO's, 4 troopers, plus 3 flags, 8 rifles, 1 sword, 1 pistol (URL) horses with saddles (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Steve, The Serious Collector allows the selling Member to pick the indrement: 5% 10% or 15% - it is not fixed at X%. The selling Member thus controls the speed of the auction, or rather s/he manages how quickly a lot reaches its "ideal" price. (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) It also helps to be able to send messages to other bidders. A polite "there is no way o God's green Earth you are getting XXXXXX away from me" goes a long way. I've heard of less-polite messages, but I really wouldn't know about those. (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) But live auctions don't end after the first 5 minutes (or however long) of bidding. They run until the bids stop coming in. That's what the typical online G1/G2/Sold auction does, just at a slower pace. You'd have better luck comparing eBay to (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Ouch! 15% is extreme for a bid increment. So much for me doing much bidding on that site. (...) I would say that overly-large bid increments is a separate problem, but it does help illustrate that no-minimum-increment...-proxy-bid is a Bad (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Point well taken, Larry. What about the seller though? It's the *seller* that pays the bills... If A's proxy bid is $1000, and the increment is 10%, and B submits a bid of $1075, then under the proposed method, A wins, get ratcheted up to (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Someone bids $100 with a proxy max of $500. Now it's climbed to $150 and the bidding is still hot, and the high bidder realizes he doesn't have $500 after all (maybe it was a typo, or maybe he was counting on some money to come in which didn't (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Update 4/21/99 pm: Pirate Auction
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Hello all, Current bids: 725 Osvaldo Fernandez $40 Going once 6289 Alex Eulen $100 Sold 6289 Otis Anderson $100 Sold 6289 Frank Filz $110 Sold 6263 Frank Filz $22 Sold 6263 Pat Shepard $22 Sold 6263 Mark Parker 2 @ $22 Sold Addendum: Just wanted to (...) (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Reserve-price auctions are the most nefarious thing ever invented. --Todd (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) WHOA. Darn Good Point. --Todd (25 years ago, 22-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) That makes perfect sense, yes! And you can always scrounge together another $.50 or $1.00 if you really need to at the last moment. This is why it's so important to have a re-review period. There are two things that hurt the most in auctions: (...) (25 years ago, 21-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Apparently screwed by the other bidder, but actually screwed by the broken auction system. (...) It is correct to blame the auction system. Humans in general will by their nature do whatever they can to work any system to their personal (...) (25 years ago, 21-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) if (...) their (...) any (...) Yes, but, psychologiaclly, this could be detrimental for the bidder, in that people may bid too much, thinking they can always change later. Not having such an option, people must give greater consideration to (...) (25 years ago, 21-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) It can only reward someone for delaying if they knew that you had dropped your bid, which they wouldn't know. Also, consider the case when you raise your proxy max rather than leaving it where it is. --Todd (25 years ago, 21-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Yea, brother! --Todd (25 years ago, 21-Apr-99, to lugnet.market.auction)
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| | [Auction] 1977-1984 sets update April 21th 1999
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Advances are on-going. First sets will go to sold in 2 days, unless news bids are received :) Open sets ---...--- Set Name Bid Bidder 210 Cowboys (US set# 198) 5 Rufus G2 214 Road repair 6 Rufus G2 231 Hospital 50 Pat G2 256 Police officers and (...) (25 years ago, 21-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 about other people, but I tend to go into an auction (more often a parts auction than an auction server, but the principle still applies) with two things. A maximum budget, and a list of things I want. so if I'm looking at A and (...) (25 years ago, 21-Apr-99, to lugnet.market.auction)
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