Subject:
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Re: When is "Not an Auction" really an auction?
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 2 Dec 1999 20:44:12 GMT
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Viewed:
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355 times
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In lugnet.market.theory, Frank Filz writes:
> Just curious, how do people feel about "I'm thinking of selling XYZ. If
> I get a huge response, I will auction it, otherwise I will come back
> with a price, and sell to the first offer"?
It's a bit of a waste of time, but it is *open*. I can choose to deal with that
person - I know exactly what they intend to do, or I can walk away. Being open
is the best thing as far as I am concerned.
If the seller, mentioned earlier in the thread, had come to me and said "You
had first offer, but I'd really like to auction them off instead - do you
mind?", then I would have probably replied, "Sure, go ahead and good luck.". I
still wouldn't have participated in the auction, but I wouldn't have felt
cheated and certainly wouldn't have mentioned it in this thread!
> How do you conduct trades? Do you trade for the "best offer" or take the
> first trade offer which meets your valuation of the item? This obviously
> is different because the offers don't have a mutually agreeable value
> (as opposed to money, which for the most part each of us is agreement on
> it's value relative to other money - i.e., your US dollar is as good as
> my US dollar).
I'm experimenting with a system of monkeys (which I really should put on my
website), where I say, to me a blue 32x32 baseplate is worth.. 4 monkeys, a
pirate minifig is worth 1 monkey, two islander hairpieces are worth 1 monkey
etc. Then I say, I think set 393 is worth 15 monkeys or so, if you agree then
please give me the appropriate value of monkeys in pieces. Trading pieces for
pieces is more complex as you have to agree on an average monkey value and then
conduct the trade.
Richard
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Message has 2 Replies:
 | | Re: When is "Not an Auction" really an auction?
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| Richard Franks wrote in message ... (...) that (...) open (...) Now to somewhat answer my own question. I sort of did this with my advertisement that I was seeking interest in parts from 5978 Sphynx Secret Surprise. I got a bunch of responses, (...) (25 years ago, 3-Dec-99, to lugnet.market.theory)
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Message is in Reply To:
| | Re: When is "Not an Auction" really an auction?
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| (...) Just curious, how do people feel about "I'm thinking of selling XYZ. If I get a huge response, I will auction it, otherwise I will come back with a price, and sell to the first offer"? How do you conduct trades? Do you trade for the "best (...) (25 years ago, 2-Dec-99, to lugnet.market.theory)
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