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Old 04-15-2007, 07:41 PM
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Default Memory Lane Auction - 15 Minute Rule Lasted Forever?

Posted By: James Feagin

Many folks know my employment situation within the hobby, so I will say the following two posts are 100% absolutely my opinon as a collector. In choosing between which auction to bid on in the following two weeks, the fact that one has a 30 minute rule on each lot, and another has a 15 minute rule on the entire auction was a deciding factor. With over 1500 high-profile items, it is little wonder that the second auction house will keep the bidding going on for hours and hours and hours and eternity. I honestly don't have 7-9 hours on a Saturday to deal with that, especially if I wanted to bump some bids on a card I really wanted. With the first auction house, it is a much more limited time scope and it is exciting seeing the 30 minute time clock dwindle down, if I get bumped, then so be it. In the first case, it's nothing but uncertainty and at the end of the day, I know as much as when I started the process.

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