Subject:
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Re: FS-Pirate & Town Sets Mint In Sealed Boxes/Pack
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Newsgroups:
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lugnet.market.theory
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Date:
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Tue, 28 Nov 2000 14:38:08 GMT
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Viewed:
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770 times
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And, the argument is summarized in the FAQ too:
http://www.lugnet.com/~330/FAQ/Market/bestoffer
Cary
"Todd Lehman" <lehman@javanet.com> wrote in message
news:G4qJtM.82t@lugnet.com...
> In lugnet.market.buy-sell-trade, Larry Pieniazek writes:
> > In lugnet.market.buy-sell-trade, Paul Rutenberg writes:
> > > Hello
> > > Thought you had something for sale and not setting up your own little
> > > Auction house here in buy/sell/trade, what you are doing here is wrong,
> > > and absolutly in the wrong place, want to Auction, put it in an Auction
> > > house where i can see if i have bid enough or not, what are you going to
> > > do with peaple that bid $1.00 under somebody else, write him and ask if
> > > he wants to bid more?? If you have something for sale, put a price on it
> > > or go to Ebay.
> >
> > I agree with you, but we're in the minority. Todd has decided that OBO (or
> > best offer) sales (sealed bid auctions) are not auctions in the meaning that
> > the ToS uses and therefore are allowed here.
>
> If the seller uses offers to solicit progressively higher offers, it's an
> auction. If the offers stay independent of one other, it's not an auction.
> (SBA's and OBO's aren't true auctions in the spirit of what makes an auction
> an auction.)
>
> http://news.lugnet.com/market/theory/?n=546
> http://news.lugnet.com/admin/general/?n=2757
>
>
> > There are a lot of posts discussing this in admin.general... you can even
> > find Todd's exact post where he uses an analogy to make his case (a scarf is
> > not a glove, or something like that, I forget and am too lazy to look it up)
>
> http://news.lugnet.com/admin/general/?n=5873
>
>
> > that posting a list of items, asking for offers (sealed bids) and selling to
> > the highest offer (bidder) is not an auction.
>
> http://news.lugnet.com/market/theory/?n=946
>
> --Todd
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