More reasonable auction closing

[Peter_Spaeth]

If you're an auction house like REA consistently getting amazing prices, what's the incentive to change the system? My suspicion is that late nights promote irrational behavior.

[BillyCoxDodgers3B]

I am so sick and tired of these late closing times. Who came up with this incredibly unfriendly business model?

To all the auction houses that utilize this method: I refuse to stay up for this. You're missing out on more of my money as a result. Bottom line, it's all just "stuff" and not worth screwing with my sleep over.

[hammertime]

I too am not a fan. Seems like whoever can stay up the latest has an advantage, which is odd.

[BobbyStrawberry]

I'm not a fan of the late closings at all

[Snapolit1]

Had to be at airport at 730 this morning.
Long week ahead of me and wasn’t staying up past midnight.

[notfast]

6pm to 10pm extended bidding.

10pm closing lot by lot.

Almost everything would be done by midnight.

[Peter_Spaeth]

Originally Posted by notfast

6pm to 10pm extended bidding.

10pm closing lot by lot.

Almost everything would be done by midnight.

Maybe late afternoon/early evening isn't so great for west coast bidders? IMO as long as they are doing fabulously well (see other thread) there's no incentive to change.

[kcohen]

Originally Posted by Peter_Spaeth

If you're an auction house like REA consistently getting amazing prices, what's the incentive to change the system? My suspicion is that late nights promote irrational behavior.

I learned the hard way long ago that alcohol and on-line auctions don’t mix. The one lot on which I bid seriously went while I was in dreamland. Disappointing but so be it. It’s the best way for me to maintain at least a modicum of discipline.

[ullmandds]

Originally Posted by kcohen

I learned the hard way long ago that alcohol and on-line auctions don’t mix. The one lot on which I bid seriously went while I was in dreamland. Disappointing but so be it. It’s the best way for me to maintain at least a modicum of discipline.

me too! to the tune of the antiques roadshow t207 red cross loudy!!!! OOPS!!!!

[edhans]

I was "only" up until 1:30; won nothing and feel like crap today. Oh well...

[Casey2296]

-
East Coast gets the National every year, West Coast gets 3 hours more sleep on auction night.

Seems like a fair trade.

[perezfan]

Originally Posted by Casey2296

East Coast gets the National every year, West Coast gets 3 hours more sleep on auction night.

Seems like a fair trade.

Agree... I like the current format. Everyone is in bed, with no distractions during "crunch time".

I never win much in the Saturday night auctions... that's the night we are always out doing something, and my ceiling bids rarely hold up. So Sunday is just fine with me!

[BigfootIsReal]

Sleep? I mean WTF? Have plenty of time for sleep when we're dead! Stuff sleep into your purses.

[calvindog]

Originally Posted by Casey2296

East Coast gets the National every year, West Coast gets 3 hours more sleep on auction night.

Seems like a fair trade.

LOL True.

[MuncieNolePAZ]

It has been awhile since I have seriously bid on a card in a major auction. It is just too late for me. I don’t do max bids unless just after one card because then I might win multiple and only had the budget for one.


Phil, you can have National on West coast if the auctions end 3 hours earlier.

Chad

[ValKehl]

Originally Posted by Casey2296

-
East Coast gets the National every year, West Coast gets 3 hours more sleep on auction night.

Seems like a fair trade.

Phil, when did Chicago get moved to the East Coast?

[conor912]

I put in a limit bid and went to bed at 10:30….and won for below my max. It is possible, guys.

[Casey2296]

Originally Posted by ValKehl

Phil, when did Chicago get moved to the East Coast?

Ha! Everything past the Rockies is East Coast to me.