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#12
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Auctions that drag on forever, often into the next day-break are definitely a problem; but on the other hand, so are auctions that end too soon.
For example, a recent auction had what was essentially a 15 minute-long extended bidding period. I put in bids on over two dozen items during normal bidding; then in extended bidding, there was simply not enough time to increase my bids on the items I was most interested in. I won three lots, but there were three other lots that ended a minute or two before I got to them. Interestingly, all six items ended at what most would consider low winning bids. Auctions need to give bidders enough time to bid, but not drag on forever. Steve
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Successful BST deals with eliotdeutsch, gonzo, jimivintage, Leon, lharris3600, markf31, Moonlight Graham, Mrc32, sb1, seablaster, shammus, veloce. Current Wantlist: 1909 Obak Howard (Los Angeles) (no frame on back) |
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