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 Marketplace / Theory / 1825
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Subject: 
Re: Strange e-bay auction
Newsgroups: 
lugnet.market.theory
Date: 
Fri, 22 Dec 2000 04:54:55 GMT
Viewed: 
805 times
  
In lugnet.market.theory, Kerry Raymond writes:
I can't make out what is going on with this "auction":

http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=530040866

On the surface, there is 1 Silver Champion being auctioned. The item title
suggests this is a "But it now" auction, and the text appears to suggest
that there are multiple items and the seller will try to collect the money
from *all* bidders using paypal at a fixed price of $124.99 but the current
bid price is $127.49. The seller also has two other auctions of Silver
Champions with different payment arrangements.

Kerry

Interestingly enough this auction has now been closed... the seller even
added a comment stating that it was closing so a proper dutch auction could
be opened.

Here is the quote from the auction:

--> On Dec-21-00 at 14:19:47 PST, seller added the following information:
--> Ok, I have to close the auction to fix the quantity. This is a honest
dutch auction, and I don't want to be accused of cheating.



Message is in Reply To:
  Strange e-bay auction
 
I can't make out what is going on with this "auction": (URL) the surface, there is 1 Silver Champion being auctioned. The item title suggests this is a "But it now" auction, and the text appears to suggest that there are multiple items and the (...) (24 years ago, 21-Dec-00, to lugnet.market.theory)

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