 | | Re: Proxy ratcheting: How do auction systems work?
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(...) Saw Mike and Larry's posts, and it reminded me to respond to this point: It's actually the buyers who pay the bills. No buyers means no income. Steve (25 years ago, 26-Apr-99, to lugnet.market.auction)
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| | Auction Update: Model Team/Technics/Town
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(...) I had some email problems last week which stopped me posting updates. That also means I'm not sure if I've actually received all the bids - if anyone's sent me any that aren't here, then just send them to me again. Because of this, I will now (...) (25 years ago, 26-Apr-99, to lugnet.market.auction)
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| | Ebay: 7824, 6347, 6984, 6973, others
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I have a few unopened sets up for auction on Ebay: Lego 6347 Monorail Accessory Track MISB auction ends: 04/27 22:26 PDT (URL) 8270 Technic Power Pack from 1991 MISB auction ends: 04/27 22:38 PDT (URL) 6059 Knight's Stronghold from 1990 MISB auction (...) (25 years ago, 26-Apr-99, to lugnet.market.auction)
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| | Lar's hoppers
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(...) No, it was your febrile dream that I was going to drain my supply of orange bricks to build it in orange for you. If you know a source of orange 1x2 technic bricks MAYBE I'd consider it, but otherwise fuggedaboutit. (said in best Woburn MA (...) (25 years ago, 26-Apr-99, to lugnet.market.auction, lugnet.off-topic.fun)
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| | Re: The Gary Louie Memorial Auction
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I have *seen* these hoppers in the donator's car so I'm pretty sure they are a go:-) Personally, I'll bid on Lar's version [1] [1] I think it was the claim that Lar's hopper empties out in under 10 seconds that sold me. If, however, I find that it (...) (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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No, I just talking about the case where someone comes in after the bids have settled for a while, and bids on them at G2. You outbid them, they wait for G2, and bid again. You outbid them, they wait for G2 (lather, rinse, repeat)..... Get the idea? (...) (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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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 (...) (26 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 (...) (26 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 (26 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 (...) (26 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 (...) (26 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 (26 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 (26 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) (...) (26 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! (...) (26 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 (...) (26 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, (...) (26 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) (26 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 (...) (26 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
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| | [DISC] Shortcircuit eBay?
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I had an idea about how to frustrate snipers on eBay. I don't think I'm the first person to come up with this idea, but it hasn't been discussed much. eBay allows the seller to end the auction early. What if I, as a seller, made a clear announcement (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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Todd Lehman wrote in message ... (...) then (...) final (...) For a Siege Cart?? Wow! Actually thats roughly 66% more, but who's counting. :-) OTOH, if he had bid $50 or $60 from the get go, when the minimum was only $6, its highly likely the (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | New Auction: Model Team 5510 and 5540
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This will be a short and sweet auction of these two Model Team sets. Advancing to begin next Wednesday, April 28th. They will advance every 48 hours, including weekends, so going once on W, twice on F, maybe sold on Sunday, May 2nd. 5510 Off Road (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) I like it: lugnet.market.discuss! (26 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Yes, but a large measure of the pleasure is a negative pleasure, that of intentionally hurting other people. I'm pretty sure most people who snipe don't think much about it, they're just playing the game by the rules, but there are also plenty (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) I was just going to say that. I think that a lugnet.market.discussion or similar would encompass all the issues that have been presented without misleading in any way. It's not as specific as .theory or .technology which I consider a plus, but (...) (26 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
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| | Re: Proxy ratcheting: How do auction systems work?
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I like the idea of lugnet.market.auction.d (discussion) since most of the people must be looking for auctions in this particular group. Todd Lehman wrote in message ... (...) People like options. Right. But people, myself included, can hear of some (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) That's not sniping, that's just bidding. Arrangements are nice, but they have to run with the acknowledgement that other people might bid on the lots in question. It still sucks to be you in that case. Steve "You keep using that word. I do not (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Yes. Should you be bidding in auctions if you haven't organized your life sufficiently to have bought insurance? No, you shouldn't. If you do anyway, and have to welsh because you didn't think things through, you deserve a black mark. Else (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) I like market.theory better than technology for two reasons 1) as Todd said, cut back on people thinking they can buy CD players there... 2) Theory encompasses technology. 3) the Usenet precendent. OK, 3 reasons. That said, I don't think (...) (26 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
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| | Re: Proxy ratcheting: How do auction systems work?
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(...) Why not lugnet.market.discuss? (or STB lugnet.market.disc? Use appropriate abbreviation here) The topic du jour may be auction philosophies and the best rules to build an auction around, but there are other discussion-type topics which could (...) (26 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
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| | Re: Proxy ratcheting: How do auction systems work?
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Todd Lehman wrote in message ... :>Therein lies what I beleive to be the ugliness of timed :> auctions - they discourage bidders from revealing information (how they :> value a given lot) until as late as possible. : :Amen to that! : : :> Don't get (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: Proxy ratcheting: How do auction systems work?
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Tom Stangl wrote in message <371FAADA.E4CD7369@n...pe.com>... :Messages also help when a bidder is trying to bid on ALL lots of a piece, you only :want ONE, and after the bids get ridiculously high, you find out it's because he :needs "all the lots (...) (26 years ago, 23-Apr-99, to lugnet.market.auction)
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| | Re: ng for auction technologies/theory?
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(...) I agree that .theory is too narrow. What about market.techniques? To me that would seem to encompass the theory aspect to a certain extent as well as the use of technology. Anyone can discuss tips on what/where/how/when to buy/sell. I had (...) (26 years ago, 23-Apr-99, to lugnet.market.auction, lugnet.admin.general)
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