Early morning auction endings
 

Will you stay up until 4 or 5 am EST to win an auction?

I voted once in a blue moon but even then there is chance I fall asleep. I am not 20 anymore and all nighters aren't what they used to be. :cool:

For the ones that always end past 5am I will just call it an early night and set an alarm. No more all nighters for me. Not that I havent been there. I just dont find it necessary anymore.

There is NOTHING that I gotta have THAT bad!

+1

A juicy swollen prostate gland is an asset in solving this dilemma.:eek:

A successful operation on same ruins everything.;)

I have never bid with a major online auction house for precisely this reason. Won't stay to that late to win an auction. Fortunately what I collect isn't super rare, so there's no reason.

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Consistent with Frank's message, increasingly frequent trips to the bathroom at 2 or 3 am have occasionally coincided with a live auction. Even then it's hard to turn the phone on and get engaged. If you have the text messaging that shows whether you've been outbid that's helpful. But in my experience now a lot of guys just wait to the "last call" email before getting serious. You could be winning at 4 am EST and go back to sleep and still lose 90 minutes later.

This is why I like REA's format best. Sunday afternoon. best possible situation. i place a bid and go to bed otherwise.

I know for me personally, there is a greater chance of me getting up at 4am for an auction, then to stay up until 4am for an auction. :)

I like their format too! There are others who are doing things to thwart late night auctions ... either ending lot by lot or having a hard stop of some sort. At this point they are pretty much the only auctions I will bid in. Here are some that I can think of:

BST Auctions
LOTG
Heritage
Huggins & Scott

Vote with your dollars for those who are listening to what collectors want. It is ridiculous to have to stay up until 4am waiting for an auction to close.

jeff

I'm a total night owl, have no problem staying up. I am on the West Coast, but it wouldn't change if I were on the east coast.

I also prefer auctions that use the 15 minute rule and end simultaneously, since it allows me to re-allocate funds to secondary items in the event I get priced out on my prime target(s). A large % of items won through AHs have been this type. That said, I get why others feel the way they do.

And your logic is precisely why the AHs do what they do. Reallocation in the wee hours. Never really works for me because it’s rare that I have a strong burning need for more than one item in a particular auction.

And I can’t stay up past 1 am if my life depended on it.