Thank you MastroNet!!!!!!

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Posted By: Aaron M.

No sooner had I happily received my winning lots from last month's MastroNet Collector Classic auction that I learned that all of Mastro's premiere auctions going forward will feature the 10-minute INDIVIDUAL lot rule.

That means that once an individual lot has not received a bid for 10 minutes, that lot will close. No longer will you have to wait for ALL lots to close at one time.

This could mean the end of staying up until the crack of dawn to follow your bids. As someone who has lost plenty of sleep while biding consistently in Mastro's auctions for the past four years, I say a wholehearted THANK YOU!!!!!!!!

http://www.auctionreport.com/mastronet.htm>

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Posted By: Hal Lewis

This was one of the concepts that I was REALLY pushing Kevin Struss hard to try and convince Doug Allen to implement...

so I am VERY PLEASED to hear this news!!!!!!!!!!

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Posted By: Julie

wish all the other auction houses would follow suit.

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Posted By: Jay Miller

I love the idea! The final price will probably end up the same, we'll just get there alot earlier.

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Posted By: JimB

Agreed, this is great news. There is nothing more frustrating than getting outbid at 4am.
JimB

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Posted By: barrysloate

But if you get up early in the morning as I do, I used to be able to sit down with my morning coffee and start my final bidding; that was a huge advantage for me that I am now losing. But I do think this is a much fairer system and long overdue.

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Posted By: Jim Clarke

Without a doubt, the ten minute rule going off on each lot is by far the best way to go! This will make all serious bidders plan to be online or by a phone at a set time... Not just keep checking in evervy hour or so... JC

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Posted By: Alan

They're keeping that same rule for the August auction.