 | | Re: Proxy ratcheting: How do auction systems work?
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Mike Stanley wrote: <snip> (...) Mike very succinctly said what I intended to say in a much more long winded way. My point exactly. I think percentage bumps are a great option but I would also like to see dollar amounts allowed too. Or even both on (...) (25 years ago, 25-Apr-99, to lugnet.market.auction)
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| | Re: The Gary Louie Memorial Auction
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We're up to (lucky) 21 lots, with another emotionally significant lot, donated by Russell Clark, a LegoLand Ambassador keychain. (URL) of good deals on lots yet, and the amount of money we're going to raise is VERY impressive. Thanks to all bidders (...) (25 years ago, 25-Apr-99, to lugnet.market.auction)
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| | Auction: Train sets 4564 and 4555
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Hello! I have one used 4564 Freight Express and one new 4555 Container Depot for auction. Auction starts today. #1 4564 Freight Express (1994) Open #2 4555 Container Depot (1995) Open DESCRIPTIONS: Item #1 4564 Freight Express (1994) Used. No box. (...) (25 years ago, 25-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) That is good to know. So the sellers can shoot themselves in the foot if they're selling high dollar items or they can be smart, but the system doesn't force them to do one thing or the other. I still think making buyers happy is as important (...) (25 years ago, 25-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Hrmmm, I'm coming in late here, so I'll probably say something and find 10 people who say the same thing later in the thread. Sure, the sellers pay the fees. But if the bidding increments are so high that they repeatedly scare off or prevent (...) (25 years ago, 25-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) I have to admit that I have jumped into bidding when items his G2 before, but I never thought of it as sniping. Many times there are lots that I am interested in, but don't really have the time or the inclination to deal with the nickel and (...) (25 years ago, 25-Apr-99, to lugnet.market.auction)
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| | Update 4/24/99 pm: Pirate Auction
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Hello all, Well, That's all folks. Thanks to all who participated. Current bids: 725 Osvaldo Fernandez $40 Sold 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 (...) (25 years ago, 25-Apr-99, to lugnet.market.auction)
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| | Re: Methodology: Reserve, Controlled Reserve, or No Reserve?
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I understand why sellers like reserves, but as a buyer (1) I'd prefer that they were banned, limited, or cost the seller a lot of money to do. If the listing fee is 50 cents, charge 20% of the reserve whether the item sells or not. Plus 5 bucks to (...) (25 years ago, 25-Apr-99, to lugnet.market.auction)
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| | Re: Methodology: Reserve, Controlled Reserve, or No Reserve?
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(...) Definitely 4. 2 and 3 make no sense whatsoever -- reserves don't work unless they are secret. 1 just sucks, as has been described in this thread already. Steve (25 years ago, 24-Apr-99, to lugnet.market.auction)
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| | Re: Methodology: Reserve, Controlled Reserve, or No Reserve?
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(...) And the potential to make bidders *EXTREMELY* violently angry. Imagine if you lost out on something because your high bid of $110 was $15 less than the secret reserve price, and you held off on bidding on the same item in another auction (...) (25 years ago, 24-Apr-99, to lugnet.market.auction)
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| | Re: Methodology: Reserve, Controlled Reserve, or No Reserve?
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(...) Yeah, I gotta agree. I understand how the same item can reach 2x the reserve if the bidding starts low and then go unsold if the minimum is the high amount the seller wants, which kinda sucks, but I still don't like reserves, either as a buyer (...) (25 years ago, 24-Apr-99, to lugnet.market.auction)
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| | Re: Methodology: Reserve, Controlled Reserve, or No Reserve?
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(...) I agree. I personally don't bid on reserve price auctions until the reserve has been met because it is a waste of my time (especially if you cannot make firm bids :-)) -- Owen (25 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: Methodology: Reserve, Controlled Reserve, or No Reserve?
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(...) 4. --Todd (25 years ago, 24-Apr-99, to lugnet.market.auction)
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| | Methodology: Reserve, Controlled Reserve, or No Reserve?
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Question to all armchair economists/sociologi...theorists: (especially you, Todd ;-) From both the stand point of the buyer, and then the seller, what are your opinions of the following policies regarding secret reserve prices in auctions: 1) (...) (25 years ago, 24-Apr-99, to lugnet.market.auction)
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| | Re: HUGE Auction, Train, Technic, Town and Pirates!
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Just a note to thank the many people who have bid thus far on the sets listed below! There are still many apparent bargains. Assuming the following lots sell for reasonable prices, I will be adding more next week. Thanks to all who participate! (...) (25 years ago, 24-Apr-99, to lugnet.market.auction)
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| | 76 Serious Lego Lots for Auction. Mmmm I smell plastic!
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Awesome auction! Multiple sellers! 76 lots and growing! Technic, Town, Trains, Castle, Pirates, paradisa, everything. Click to view or bid: (URL) 6921 Monorail Track Kit (smaller version) Lego Castle 6105 Medieval Knights, Unopened, No Res. Lego (...) (25 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Auction: Train, Soccer, Town and more. Last lugnet update!
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Hi, Here are train,soccer and other sets for auction: All updates comes on a mailing list, on RTL and lugnet.market.auction, only on fridays. Please send me a private mail, and I will put you on the list. !!!...!!! This Auction will end on April, (...) (25 years ago, 23-Apr-99, to lugnet.market.auction)
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| | FA on ebay ends 4/26: 8480 Technic Space Shuttle NIB
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For auction on ebay a sealed 8480 Technic Space Shuttle. go see: (URL) (25 years ago, 23-Apr-99, to lugnet.market.auction)
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| | (canceled)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Because shipping and shopping are marketplace discussions but not theory or technologies/techniques. A broad name like .market.discuss invites people to talk about everyday things like FOTW's and UPS vs. USPS, both of which have their own (...) (25 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
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