Still Going Strong - MEARS December 2010 Auction

[Jay Wolt]

I don't mind that the extended bidding is approaching 12 hours.
What I don't like is that anyone can bid on any lot at any time.
So someone who hasn't bid at all can wake up and bid on anything.
It seems all other auction houses makes you bid prior to the standard
auction closing & then you are entitled to participate in the extended
bidding session.
I have been the only bidder on several lots for over a week & now I
can be topped by anyone.

[thekingofclout]

Originally Posted by Jay Wolt

I don't mind that the extended bidding is approaching 12 hours.
What I don't like is that anyone can bid on any lot at any time.
So someone who hasn't bid at all can wake up and bid on anything.
It seems all other auction houses makes you bid prior to the standard
auction closing & then you are entitled to participate in the extended
bidding session.
I have been the only bidder on several lots for over a week & now I
can be topped by anyone.

I concur with Jay. If Legendary did this, they'd be blasted!

[bobbyw8469]

I have never been a fan of this type of format. I like Hunt Auctions in how their auctions end. Either **** or get off the pot!

[Ladder7]

Originally Posted by thekingofclout

I concur with Jay. If Legendary did this, they'd be blasted!

And rightly so.

But, I still love ya Jimmy. Happy New Years! Steve

[Bugsy]

Originally Posted by Jay Wolt

What I don't like is that anyone can bid on any lot at any time.

I completely agree!

Chris

[GrayGhost]

IMO, that is a bad format. Why should an inactive lot get "Reopened", just because there is a bid on ANY other lot?

[bcbgcbrcb]

Unless I am wrong, Jay, doesn't B & L Auctions have the same policy?

[pgellis]

I was under the assumption that you had to have an "initial bid" in on an item prior to the auction ending time of 9:00pm CST last night in order to continue to bid on that item in "overtime". Am I wrong on this?

[Bugsy]

Originally Posted by pgellis

I was under the assumption that you had to have an "initial bid" in on an item prior to the auction ending time of 9:00pm CST last night in order to continue to bid on that item in "overtime". Am I wrong on this?

No initial bid is needed.

[barrysloate]

Having an auction go into the next day is absolutely unfair. There are people who stayed up all night nursing their bids and making sure they weren't topped...and now you have a whole group of people waking up who can just start the bidding process all over again, and top someone who maybe sacrificed a night of sleep. An unacceptable situation that needs to be changed.

[pgellis]

You're right. I just bid on an item that I hadn't bid on before.

I don't agree with this type of auction either. I understand why the auction house is doing it, but I have been the high bidder on the only lot that I wanted for the last 12 hours, with no additional bids in that period. If someone gets up today and finds out that they got outbid on their main lot, then they may go browsing for other items that they had no intention on buying prior to the end of the auction last night. That is not good for bidders.

Again, I understand why the auction house is doing this, but if I get outbid on my main goal after being the highest (and only) bidder over the past 12 hours, I will be very upset.

Thank goodness I didn't stay up all night like some people must have.

[oriolesbb6]

[QUOTE=pgellis;858860]I was under the assumption that you had to have an "initial bid" in on an item prior to the auction ending time of 9:00pm CST last night in order to continue to bid on that item in "overtime". Am I wrong on this?

I just got home- I can not believ this-I was winning bidder on 15 lots as of auction close with no other bids-aka I was the first and only bidder-now Ive been outbid on multiple lots....BS in my opinion-I understand the auction house wants to make money but at the cost of losing future bidders..........

[pgellis]

I am pretty sure (and I may be wrong), but there small, monthly auction runs different than this one. There was an item that I missed on their small, monthly auction last month and went to bid on it when the extended bidding period began and I wasn't able to bid on it because I didn't have a bid on it before the end of the auction.

Why have 2 different methods?