Quote:
Originally Posted by Peter_Spaeth
It's a meaningless bet because there's no way to know what would have happened had the site not had issues.
|
Quote:
Originally Posted by Peter_Spaeth
That there were additional bids proves nothing. The same bids might have come in had there been no glitches and the auction stayed open until its natural close the previous night. To get technical, you need to compare the outcome with the "but for" world, not the actual world.
|
Most people in this thread are only looking at it from one side depending on what they believe.
As you pointed out it's impossible to know what the difference is or would have been if there was no glitch.
Probably the closest comparison you can get is to compare the overtime bidding in recent REA auctions.
Here is a comparison of the overtime bids in this auction to the recent fall auction and last springs auction for the first 20 lots in each auction.
These are the bids in each auction in overtime when you can only bid on items that you had previously bid on. In two cases a lot didn't meet the reserve so I used the numbers from lot 21.
This auction 170 bids in overtime 71 of them on Monday
2021 fall auction 65 bids in overtime
2021 spring auction 160 bids in overtime
So there was 10 more bids in this auction than there were last springs auction on the first 20 lots. Lot number 7 the signed t202 Cobb in this auction received 42 bids in overtime 33 of them were on Monday.