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#1
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Mastro's N173 Cabinets
Posted By: Paul
Mastro has unusual bidding rules for its N173 cabinets. You can bid on the whole lot of twenty or on individual cards. If the individual bids add up to less than the high bid on the lot of 20, all individual bidders lose, and all twenty go to the guy with the high bid on the lot. |
#2
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Mastro's N173 Cabinets
Posted By: barrysloate
If the set price continues to far surpass the single cabinets, the individual bidders are likely to give up. There is a flaw in this system and it will only work competitively when both sets of bids are close. |
#3
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Mastro's N173 Cabinets
Posted By: Paul
Would everyone please start bidding on the individual cabinets? Thanks. |
#4
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Mastro's N173 Cabinets
Posted By: Kevin Cummings
Come on! You all know you have no chance to outbid George on those N173s! |
#5
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Mastro's N173 Cabinets
Posted By: Paul
All right. I'll ask a dumb question. Who is George? |
#6
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Mastro's N173 Cabinets
Posted By: Kevin Cummings
Why, George Dreher, of course! |
#7
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Mastro's N173 Cabinets
Posted By: Dylan
The system is flawed. Since the bidders can see both totals, it would make sense to put in a large bid on the whole set to make people feel they'ed be wasting their time bidding on the individual lots. |
#8
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Mastro's N173 Cabinets
Posted By: joe
The same type of bidding is being done on then Old Judge N172's. But, the individual bids are winning right now. |
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