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  #1  
Old 01-02-2015, 06:05 PM
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Vol Vol is offline
Isaac Lane
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Default I am easily confused

Can you please explain the bidding rules and how this auction ends?
Wonderful cards
Thank you

Last edited by Vol; 01-02-2015 at 06:05 PM.
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  #2  
Old 01-06-2015, 07:50 AM
Saco River Auction Saco River Auction is offline
Tr0y Thibod3au
 
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Quote:
Originally Posted by Vol View Post
Can you please explain the bidding rules and how this auction ends?
Wonderful cards
Thank you
Hello, this is a live auction meaning it will start at 5PM on January 14. We will have a live audience in the hall, phone bidding, absentee bidding and live internet bidding. This is not a timed auction. We sell about 90-100 lots per hour depending on how active the bidding is. We expect to run about 4 hours that night.

Troy
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  #3  
Old 01-06-2015, 08:47 AM
tschock tschock is offline
T@yl0r $ch0ck
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The cards are great, but the cool factor (IMO) is the Old Judge glass negatives, which will be way out of my league. And for you Flynn and Matthews collectors out there (among others), there are probably a couple items you don't have.
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  #4  
Old 01-06-2015, 09:31 AM
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pgellis pgellis is offline
P.hil €lli$
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Troy,

Can you explain how the ending of each lot goes down if there is internet and live bidding?

Are the internet bids closed before the live, in-person begins?

Thinking about taking a drive up to Maine for the evening.

Thanks,
Phil
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  #5  
Old 01-06-2015, 10:13 AM
Saco River Auction Saco River Auction is offline
Tr0y Thibod3au
 
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Originally Posted by pgellis View Post
Troy,

Can you explain how the ending of each lot goes down if there is internet and live bidding?

Are the internet bids closed before the live, in-person begins?

Thinking about taking a drive up to Maine for the evening.

Thanks,
Phil
Hi Phil, the internet bidders bid live during the sale of the lot in real time with the auctioneer. We have internet clerks sitting at each module and they are receiving the bids from remote buyers in real time and yelling the bids out to the auctioneer who accepts them. So Internet bidders, phone bidders, live bidders in the hall all compete against each other in concert and in real time. On average each lot will be open for live bidding for about 1 minute or so while all bids are called by the auctioneer. Once there is no further advance on the bidding the auctioneer sells the lot and we move on to the next lot number.

Troy
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  #6  
Old 01-15-2015, 07:41 AM
Sean1125 Sean1125 is offline
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Whoops... Thought the auction was the 15th LOL
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  #7  
Old 01-06-2015, 10:34 AM
CardboardCollector CardboardCollector is offline
De@n Fl!ck
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Quote:
Originally Posted by Saco River Auction View Post
Hello, this is a live auction meaning it will start at 5PM on January 14. We will have a live audience in the hall, phone bidding, absentee bidding and live internet bidding. This is not a timed auction. We sell about 90-100 lots per hour depending on how active the bidding is. We expect to run about 4 hours that night.

Troy
Sounds like a road trip for me.
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  #8  
Old 01-06-2015, 10:41 AM
Saco River Auction Saco River Auction is offline
Tr0y Thibod3au
 
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Originally Posted by CardboardCollector View Post
Sounds like a road trip for me.
Great it will be good to meet you. We provide free pizza and drinks for everyone during the sale. It should be a great night.

Troy
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  #9  
Old 01-08-2015, 08:05 AM
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pgellis pgellis is offline
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Hi Troy,

Another question about your on-line auction. I'm on liveauctioneers.com.

There are a few cards that have 3 bids already, but it doesn't show what the highest bid is right now. For instance, there is a card that shows "Opening Bid: $50" & "3 Bids".

But, it doesn't show what the highest bid is right now.

How/when do you know what the highest bid is?

Thanks,
Phil
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  #10  
Old 01-08-2015, 09:43 AM
Saco River Auction Saco River Auction is offline
Tr0y Thibod3au
 
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Hi Phil,

When you register and go into the catalog it will show a button which will have a dollar amount to place your bid. That is where the bidding is at. So if a lot opened at 50 and shows 3 bids it could be as little as $80 or much higher if they bid like crazy.

Troy
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  #11  
Old 01-08-2015, 10:18 AM
uniship uniship is online now
Eric Pugh
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Default maybe it's just me, but

I can't figure the dang thing out.
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  #12  
Old 01-08-2015, 10:19 AM
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T206.org T206.org is offline
Trae Regan
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As I understand it for the website Phil, you're placing an absentee max bid and then when the lot you bid on comes up in the live auction your bid will be gradually increased by the increments outlined on the website until no other bids come in and/or you reach your max bid, or get outbid.
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Last edited by T206.org; 01-08-2015 at 10:34 AM.
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  #13  
Old 01-08-2015, 10:23 AM
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wolf441 wolf441 is offline
Steve Woe.lfel
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Quote:
Originally Posted by pgellis View Post
Hi Troy,

Another question about your on-line auction. I'm on liveauctioneers.com.

There are a few cards that have 3 bids already, but it doesn't show what the highest bid is right now. For instance, there is a card that shows "Opening Bid: $50" & "3 Bids".

But, it doesn't show what the highest bid is right now.

How/when do you know what the highest bid is?

Thanks,
Phil
You're basically just throwing out a number that you want to bid. It could be way too high or way too low, doesn't seem like there's any way to tell. I tried to bid on cards that had zero bids and then just threw out what I'd be willing to pay. I'm pretty sure that none of my bids will hold up on the day of the auction. It sounds like this is one auction that is better to do in person.
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  #14  
Old 01-08-2015, 10:54 AM
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pgellis pgellis is offline
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OK, I thought it was just me too!

So, you won't know where the bidding is at until the actual lot comes up to bid?

I was hoping I could tell current bidding before I decided whether I wanted to take a 2.5 hour drive.

In person sounds like the best option.
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  #15  
Old 01-08-2015, 11:00 AM
Saco River Auction Saco River Auction is offline
Tr0y Thibod3au
 
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Quote:
Originally Posted by wolf441 View Post
You're basically just throwing out a number that you want to bid. It could be way too high or way too low, doesn't seem like there's any way to tell. I tried to bid on cards that had zero bids and then just threw out what I'd be willing to pay. I'm pretty sure that none of my bids will hold up on the day of the auction. It sounds like this is one auction that is better to do in person.
Gentleman,
I apologize for any and all confusion. Online bidding seems foreign to many of you and I realize that many sports auctions are of the timed variety which may be causing the confusion. To simplify it as best as I can please take advantage of phone bidding live with one of my employees. This way you can hear the auctioneer and the employee guide you through the active live bidding.
Placing maximum absentee bids prior to the auction online is a way for people to place lot of bids and leave. If you actually want to watch the item live and follow along, don't place any bids prior to the sale. When the lot opens you will quickly see what the bid amount is and what the next bid is by increment. If any of you would like to register for a phone bid please select which items you want (by lot #) and call 207-650-5677

Troy
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