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-   -   Robert Edwards Auctions STILL going strong at 8:15 AM Est!!!! (http://www.net54baseball.com/showthread.php?t=318712)

babraham 04-25-2022 05:54 PM

Quote:

Originally Posted by Mark17 (Post 2218881)
To be clear, I honestly believe REA would've rather had the servers stay up and things work as expected. But when they didn't, there was no valid excuse to pad the bidding time by an extra day.

Agreed.
I'm down to currently winning 2 lots (it was 4 before the server issues last night)...and those 2 lots have gone up $1500 combined today (so far) with the added "bonus" of an entire extra day of extended bidding. Cosigner and AH happy...potential buyer not so happy.

Johnny630 04-25-2022 05:56 PM

Quote:

Originally Posted by parkplace33 (Post 2218938)
100 percent.

Saw a lot of comments today about how people are never bidding in REA auctions again. True for now… until REA sends out its next catalogue.

Next catalog.... hell if they had a bid in they’re only going to be complaining till 2100 tonight so they can bid again.

Leon 04-25-2022 05:57 PM

Quote:

Originally Posted by parkplace33 (Post 2218938)
100 percent.

Saw a lot of comments today about how people are never bidding in REA auctions again. True for now… until REA sends out its next catalogue.

I didn't see any comments where someone said they won't bid with them again but I might have missed it. If they won't it might be a customer REA can live without. Is it extended bidding yet? :)
.

Peter_Spaeth 04-25-2022 05:58 PM

Quote:

Originally Posted by hcv123 (Post 2218926)
1) I wholeheartedly believe this was unintentional. I also agree it is a crappy situation with no possible positive outcome for everyone.
2) I agree with others who have commented that the auction should have been restarted at whatever point (9PM is fine) from where we left off yesterday at the 10 minute closing rather than having an entire day of additional bidding.
3) There is A LOT of psychology to bidding and auctions - the argument that "people will bid what they would have bid" holds no water with me. If someone gets outbid - the more time they have to think about it, the greater likelihood there is that they will place a bid they would not otherwise have placed if not given the time to think. This is certainly not on every item, but will occur on many lots. If this wasn't a factor "sniping" wouldn't exist.
4) The thing that bothers me most was the lack of communication between ~12AM and 1:14AM - The clock was counting down on each lot - I and others were permitted to place bids without clarity on whether the auction would end last night or be pushed till today. I placed bids in that time period thinking there was a chance the auction would close according to the clocks that were counting down. At 1:14 well over an hour after the problem started the email went out saying the auction would be extended. Fairer (imo) would have been to "pause the auction" closer to when the problem began until a decision was made and clearly communicated with everyone.

Regarding point 3, I hear you but I think the opposite is plausible too, people who were caught up in the heat of pitched battle late at night, who were ready to bid more, take a more reasoned approach in the sober light of day and don't place that next bid.

Johnny630 04-25-2022 06:01 PM

Quote:

Originally Posted by Peter_Spaeth (Post 2218946)
Regarding point 3, I hear you but I think the opposite is plausible too, people who were caught up in the heat of pitched battle late at night, who were ready to bid more, take a more reasoned approach in the sober light of day and don't place that next bid.

Agree on that statement.

Casey2296 04-25-2022 06:06 PM

Last night/early morning was brutal, kindly stay off my 4 lots and I'll leave the other 3500+ alone...

And good luck to everybody bidding (again)!

ValKehl 04-25-2022 06:11 PM

Quote:

Originally Posted by CJinPA (Post 2218772)
The '39 DiMaggio Play Ball hadn't received a bid since 9pm on 4/22..... until about 10 minutes ago when someone just bid on it.

amazing!

Carl, what you don't know is if the person who bid on this card 10 minutes ago is the same person who wasn't able to access the auction after midnight last night to place this same bid.

Leon 04-25-2022 06:23 PM

I got outbid on my last lot I was high on today. I think I am going to put my head down and dive back in ..Damn the torpedoes!
.

3-2-count 04-25-2022 06:27 PM

Quote:

Originally Posted by Leon (Post 2218956)
I got outbid on my last lot I was high on today. I think I am going to put my head down and dive back in ..Damn the torpedoes!
.

Atta boy! :)

timn1 04-25-2022 06:28 PM

this
 
For me Howard nails it right here. Everything else is fine - but the uncertainty during that hour really pissed me off. You felt like you had to continue bidding and yet you had no idea what was happening. I understand the lack of emails until they were really sure what they needed to do, but they should have suspended bidding right at 12:10 and not turned anything back on until after they had made the decision to extend for a day.

Tim

4) The thing that bothers me most was the lack of communication between ~12AM and 1:14AM - The clock was counting down on each lot - I and others were permitted to place bids without clarity on whether the auction would end last night or be pushed till today. I placed bids in that time period thinking there was a chance the auction would close according to the clocks that were counting down. At 1:14 well over an hour after the problem started the email went out saying the auction would be extended. Fairer (imo) would have been to "pause the auction" closer to when the problem began until a decision was made and clearly communicated with everyone.[/QUOTE]

perezfan 04-25-2022 07:01 PM

Quote:

Originally Posted by hcv123 (Post 2218926)
1) I wholeheartedly believe this was unintentional. I also agree it is a crappy situation with no possible positive outcome for everyone.
2) I agree with others who have commented that the auction should have been restarted at whatever point (9PM is fine) from where we left off yesterday at the 10 minute closing rather than having an entire day of additional bidding.
3) There is A LOT of psychology to bidding and auctions - the argument that "people will bid what they would have bid" holds no water with me. If someone gets outbid - the more time they have to think about it, the greater likelihood there is that they will place a bid they would not otherwise have placed if not given the time to think. This is certainly not on every item, but will occur on many lots. If this wasn't a factor "sniping" wouldn't exist.
4) The thing that bothers me most was the lack of communication between ~12AM and 1:14AM - The clock was counting down on each lot - I and others were permitted to place bids without clarity on whether the auction would end last night or be pushed till today. I placed bids in that time period thinking there was a chance the auction would close according to the clocks that were counting down. At 1:14 well over an hour after the problem started the email went out saying the auction would be extended. Fairer (imo) would have been to "pause the auction" closer to when the problem began until a decision was made and clearly communicated with everyone.

All of these points are spot-on in my opinion as well...

Especially #3. It's a proven fact that given more time to think about it, more bids will come in. That's precisely why sniping is so effective. What if your winning eBay snipe erroneously registered an hour early? More than likely, someone would outbid it.

bounce 04-25-2022 07:02 PM

hahaha - and so it begins - items i won 3 different times last night i've not been outbid

perfect!

Slapshot 04-25-2022 07:09 PM

Start the Jeopardy theme.

rhettyeakley 04-25-2022 07:10 PM

I am out. Every item I was high bidder on through the night and through overtime has now been outbid and I can't bid on any other items to put my money elsewhere. Have a good night in REA everyone.

My wife will be happy I will not be spending any money! :)

insidethewrapper 04-25-2022 07:22 PM

Thank you REA for starting the extended bidding tonight at 9 pm. My lots are already locked and sold and I can go to bed early. Love it.

darwinbulldog 04-25-2022 07:25 PM

Alright, I'm out. Whoever keeps bumping me on the M101 type cards, congratulations on your winnings.

sb1 04-25-2022 07:29 PM

Managed to win the "one that got away" last night. It's a card that Leon would approve of, low technical grade=lower price(still a record price for the grade level) with killer eye appeal. Bought the card, not the holder.

vthobby 04-25-2022 07:32 PM

yay
 
I still have 1 consigned card going strong!

Yay!

Mike

prestigecollectibles 04-25-2022 07:32 PM

1 Attachment(s)
I sold the Cobb and won the Wagner. I'm quite pleased with the results.

chriskim 04-25-2022 07:33 PM

Didn't expect REA would end this early tonite, i was going to put in my last few bids on the Wagner. Damn.

ThomasL 04-25-2022 07:33 PM

For what it is worth...

As a buyer - I won and was not bid up on the one card I was winning last night when this whole thing started.

As a seller - I had 11 items and the extra day netted me an extra $125

As a bidder who was out - I was out last night before the craziness on 4 items...2 of those 4have been bid up quit a bit given the extra day (Cubs signed check lot and 1914 World Tour signed journal)...the other 2 didnt get bid up on

EDIT - the 1914 World Tour Signed Journal and 1917-1920 Cub Checks are still going

brass_rat 04-25-2022 07:36 PM

Quote:

Originally Posted by sb1 (Post 2218979)
Managed to win the "one that got away" last night. It's a card that Leon would approve of, low technical grade=lower price(still a record price for the grade level) with killer eye appeal. Bought the card, not the holder.

Come on, Scott, can't leave us like that. Which one?

Casey2296 04-25-2022 07:36 PM

You're Cobb was fantastic Robert, great consignment.

prestigecollectibles 04-25-2022 07:38 PM

Thanks Phil

Quote:

Originally Posted by Casey2296 (Post 2218986)
You're Cobb was fantastic Robert, great consignment.


chadeast 04-25-2022 07:42 PM

All three lots I was winning all night were outbid right after 6 PM. I decided not to bid again in the auction again, so away they went. I'm not totally unhappy about it either given the way this went down, not to mention the strong prices. Congrats to the winners.

CJinPA 04-25-2022 07:49 PM

Quote:

Originally Posted by Aquarian Sports Cards (Post 2218865)
But there's no reason to believe that that same person wouldn't have bid in extended bidding last night if the site had been running properly. It's not proof of any difference. I don't know why the assumption is that with a faulty ending suddenly people will be willing to pay more that they would have if things had run properly. It's a logical leap I'm not willing to make.

I find it very hard to believe that a previous bidder on such a key card that had ZERO action since 9/22 intentionally waited until the extended bidding beginning at 12 am to make an additional offer. The site went down at 12:03 for me and many others..... I don't think it's a leap at all to think someone wasn't actually waiting until the final 7 minutes (resetting the 10-minute clock btw) - really, who would risk that on such a card?

Is it possible? of course, it is! I definitely don't think it's a leap to think someone woke up to see they had another chance to take a shot at a much-desired card they had bid on earlier in the auction and decided to bid?

No leap either way - but a crapy way for the auction to have ended IMO.

vthobby 04-25-2022 07:50 PM

Consignor bump....
 
I had about a 12% bump with the added day.

I can't say I'm displeased with the outage!

Mike

Leon 04-25-2022 07:55 PM

Quote:

Originally Posted by CJinPA (Post 2218993)
I find it very hard to believe that a previous bidder on such a key card that had ZERO action since 9/22 intentionally waited until the extended bidding beginning at 12 am to make an additional offer. The site went down at 12:03 for me and many others..... I don't think it's a leap at all to think someone wasn't actually waiting until the final 7 minutes (resetting the 10-minute clock btw) - really, who would risk that on such a card?

Is it possible? of course, it is! I definitely don't think it's a leap to think someone woke up to see they had another chance to take a shot at a much-desired card they had bid on earlier in the auction and decided to bid?

No leap either way - but a crapy way for the auction to have ended IMO.

7 minutes is like a lifetime to an addicted collector waiting on the countdown clock. There was no conspiracy.
.

Leon 04-25-2022 07:57 PM

Quote:

Originally Posted by darwinbulldog (Post 2218977)
Alright, I'm out. Whoever keeps bumping me on the M101 type cards, congratulations on your winnings.

If that was you on the Holmes to Homes and the Successful Farming, sorry about that. One of us needs to quit collecting LOL...
.

jonvancouver 04-25-2022 07:57 PM

Quote:

Originally Posted by vthobby (Post 2218994)
I had about a 12% bump with the added day.

I can't say I'm displeased with the outage!

Mike

This is why I suggested that they should have left it open for another week at least. Can’t be sure that everyone had a free day today to participate in the bullshit extra free day. How can that be fair?
Congrats.

sb1 04-25-2022 07:58 PM

1 Attachment(s)
Quote:

Originally Posted by brass_rat (Post 2218984)
Come on, Scott, can't leave us like that. Which one?

Nothing rare or astonishing, just a really nice looking 21 Exhibits Ruth. I paid full price and then some, but the eye appeal is much better than the vast majority of most of them in any grade...

Leon 04-25-2022 08:01 PM

Quote:

Originally Posted by sb1 (Post 2219000)
Nothing rare or astonishing, just a really nice looking 21 Exhibits Ruth. I paid full price and then some, but the eye appeal is much better than the vast majority of most of them in any grade...

I was watching that one and bid on it. But I wanted some other type cards and knew I could get one of these in the future. Great eye appeal.
.

Carter08 04-25-2022 08:01 PM

Quote:

Originally Posted by sb1 (Post 2219000)
Nothing rare or astonishing, just a really nice looking 21 Exhibits Ruth. I paid full price and then some, but the eye appeal is much better than the vast majority of most of them in any grade...

That struck me as an amazing one. Awesome pickup.

CJinPA 04-25-2022 08:01 PM

Quote:

Originally Posted by ValKehl (Post 2218951)
Carl, what you don't know is if the person who bid on this card 10 minutes ago is the same person who wasn't able to access the auction after midnight last night to place this same bid.

Agreed - but this isn't a $500-$5000 lot that someone tends to try to swoop in and grab. I've participated in a ton of these and though you're 100% correct in not knowing if that person would have bid in those final 7 minutes experience tells me the lot was dormant for 2 days (not unusual) but also from 9m to 12:03am (suspect that zero bids but someone MIGHT have wanted to lace a bid over 100k in those final 7 minutes).

I get the nuance and the 'nobody knows for sure' I just sympathize for the guy who got sniped at noon today on a card he most likely (not guaranteed) was going to win..... maybe he came over the to and ultimately won the card. Great DiMaggio too!

CJinPA 04-25-2022 08:07 PM

Nice Pickup!!!
 
Whoever won the e92 Crofts Eddie Collins - congrats, and AWESOME pickup.....beautiful card and so, so, so rare!

nice to add to you collection!

Casey2296 04-25-2022 08:21 PM

Great pick up Scott, I went 3 for 4, lost out on the Gehrig exhibits but happy with my pickups.

Carter08 04-25-2022 08:25 PM

Quote:

Originally Posted by CJinPA (Post 2219003)
Agreed - but this isn't a $500-$5000 lot that someone tends to try to swoop in and grab. I've participated in a ton of these and though you're 100% correct in not knowing if that person would have bid in those final 7 minutes experience tells me the lot was dormant for 2 days (not unusual) but also from 9m to 12:03am (suspect that zero bids but someone MIGHT have wanted to lace a bid over 100k in those final 7 minutes).

I get the nuance and the 'nobody knows for sure' I just sympathize for the guy who got sniped at noon today on a card he most likely (not guaranteed) was going to win..... maybe he came over the to and ultimately won the card. Great DiMaggio too!

Agree with this. Hard to convince me that the extra day did anything but give more people more time to think about just going for it.

investinrookies 04-25-2022 08:46 PM

Quote:

Originally Posted by Casey2296 (Post 2219008)
Great pick up Scott, I went 3 for 4, lost out on the Gehrig exhibits but happy with my pickups.


I won the 27 exhibit gehrig. Love the image and fact that it’s the same as his rookie image really appealed to me. After reviewing the pop it also appears it’s very more scarce than some others


Sent from my iPhone using Tapatalk

vthobby 04-25-2022 08:47 PM

Agreed!
 
Quote:

Originally Posted by jonvancouver (Post 2218999)
This is why I suggested that they should have left it open for another week at least. Can’t be sure that everyone had a free day today to participate in the bullshit extra free day. How can that be fair?
Congrats.

Another week would have been splendid!

Mike :cool:

Casey2296 04-25-2022 08:52 PM

Quote:

Originally Posted by investinrookies (Post 2219015)
I won the 27 exhibit gehrig. Love the image and fact that it’s the same as his rookie image really appealed to me. After reviewing the pop it also appears it’s very more scarce than some others


Sent from my iPhone using Tapatalk

Congrats! I still don't know your name.

ullmandds 04-25-2022 08:55 PM

some of the results were absolutely staggering!

Peter_Spaeth 04-25-2022 08:57 PM

Quote:

Originally Posted by ullmandds (Post 2219018)
some of the results were absolutely staggering!

240K plus vig for a PSA 8.5 Jim Brown. Uh, OK, enjoy.

ullmandds 04-25-2022 09:03 PM

Quote:

Originally Posted by Peter_Spaeth (Post 2219020)
240K plus vig for a PSA 8.5 Jim Brown. Uh, OK, enjoy.

i wish i bought your ruth exhibit u sold on bst a few months ago!!!!!

Schlesinj 04-25-2022 09:06 PM

The Charleston went for $132 w BP. It was $40k range at midnight. I was shutout but was going close going one more on the 1906 Harrisburg Giants photo and Pop Lloyd.

Bridwell 04-25-2022 09:30 PM

Rea
 
It was interesting to see some lots stay still from last night, while others doubled in the final minutes tonight.

I had bid on many items early in the auction and then waited until tonight to let a few go, while grabbing a couple of others. I guess, we have to improvise as we go. You have to play the hand you're dealt!

It was a successful auction overall. REA had an incredible selection!

Peter_Spaeth 04-25-2022 09:43 PM

Believe it or not, the site appears to be down, was hoping to look over some prices.

darwinbulldog 04-25-2022 09:49 PM

Quote:

Originally Posted by Leon (Post 2218998)
If that was you on the Holmes to Homes and the Successful Farming, sorry about that. One of us needs to quit collecting LOL...
.

Holmes to Homes and the Mall Theatre.

Peter_Spaeth 04-25-2022 09:52 PM

Quote:

Originally Posted by ullmandds (Post 2219022)
i wish i bought your ruth exhibit u sold on bst a few months ago!!!!!

Yeah, in hindsight so many things seem inexplicable. But nothing will ever match my two epic fails, not buying a Toleteros Gibson or an Alifa Pele.

ValKehl 04-25-2022 11:29 PM

FWIW, only one of my 12 consigned cards got any bids during the day Monday (it was bid up by $300), and NONE of my cards received any bids after 9 p.m. tonight. This suggests to me that some bidders were too pissed about last night's hiccup to bid again today/tonight.

DeanH3 04-25-2022 11:58 PM

Are Caramels making a push? Looks like some strong prices on them. They seemed to languish off their historic highs. But imagine what they can do in this market environment if the demand returns to what it was then.

nolemmings 04-26-2022 12:23 AM

I survived on one card-- the low number Herpolsheimer J. Franklin Baker. If anyone cares, it went for one bid more than where it ended during last night's fiasco, when I could not make that same bid. Also, I made the bid at 5 minutes before extended bidding, just in case there were more problems tonight. It held. Sorry for the large scan.
https://createauctioncdn.azureedge.n...1_1_240326.jpg

rootsearcher60 04-26-2022 04:14 AM

As a bidder, I lost one card I would have won, but won two I would have lost. I had three lots as a consignor, two didn’t receive additional bids, the third gained $700 to end at $3600. I can’t say I’m disappointed.

Michael

Donscards 04-26-2022 04:29 AM

I did win my 2 original lots that I was high on before the glitch--yesterday morning I bid on 4 more lots---I won the 1921 Exhibit Ruth graded 3--I bumped the 1952 topps Authentic Mantle--also bumped the 4/1 exhibit and one other card--REA gained $1300 on my late bids--but I was pleased to get the Ruth and I just didnt want to hit the Mantle again---At least the Auction closed fast last night.

chriskim 04-26-2022 04:54 AM

I placed a bid on a lot that "I don't really need but let's place a bid and see how it goes) and sadly..... no one outbid me and I need to stuck with it. :(

mrreality68 04-26-2022 05:09 AM

Quote:

Originally Posted by Leon (Post 2219001)
I was watching that one and bid on it. But I wanted some other type cards and knew I could get one of these in the future. Great eye appeal.
.

+1 Agree great looking eye appeal

and congrats to all on their pickups

I bowed out and did not participate in yesterdays finale part 2 :)

Carter08 04-26-2022 05:18 AM

I debated one more bid but talked myself out of it. Really strong prices on not only the high end e93s but also the mid grades.

LEHR 04-26-2022 05:30 AM

Strong prices on the Carl Horner cabinets. I was hoping to snag one but bowed out. I still managed to snag one other cabinet so all is well.

wolf441 04-26-2022 05:32 AM

T206 HOFers and rare backs continue to skyrocket. Happy with my one win.

NATCARD 04-26-2022 06:06 AM

1958 Topps Jim Brown Rookie 8.5 Vs. 8
 
The 8.5 sold for 10X the 8. Buy the 8 and save 1/4 Million$ for other things!

t206fanatic 04-26-2022 06:06 AM

whoever I was battling for the higher grade T207's, well played.

BRoberts 04-26-2022 06:21 AM

Quote:

Originally Posted by ullmandds (Post 2219018)
some of the results were absolutely staggering!

Two different collectors putting together a Revelle back run?

https://bid.robertedwardauctions.com...?itemid=102956

chriskim 04-26-2022 06:27 AM

Quote:

Originally Posted by BRoberts (Post 2219101)
Two different collectors putting together a Revelle back run?

https://bid.robertedwardauctions.com...?itemid=102956

Could be Ryan...

UKCardGuy 04-26-2022 06:33 AM

1 Attachment(s)
I managed to win the one card I was after.

I was the leading bidder from just after the auction opened until 11:53pm on Sunday night when i was outbid. The technical issues prevented me from increasing my bid in extended bidding, so I was happy the auction was extended.

I finally managed to win the card in last night's extended bidding.

Now, bear in mind that I'm doing this from a UK time zone. I was up to 3:00am (10pm EST) on Monday night
Then I woke up to for extended bidding at 4:45am (11:45pm EST) only to encounter technical issues. Then last night I was up to 2:30am to do it all again. But at least, I got the card.

Signed,
Mr. Tired But Happy

Johnny630 04-26-2022 06:34 AM

Great auction last night hope everyone enjoyed it !

wolf441 04-26-2022 06:34 AM

Quote:

Originally Posted by BRoberts (Post 2219101)
Two different collectors putting together a Revelle back run?

https://bid.robertedwardauctions.com...?itemid=102956

It used to be that $5K would get you a Drum back.... :rolleyes:

CJinPA 04-26-2022 06:44 AM

Quote:

Originally Posted by DeanH3 (Post 2219057)
Are Caramels making a push? Looks like some strong prices on them. They seemed to languish off their historic highs. But imagine what they can do in this market environment if the demand returns to what it was then.

Could be! The e92's are fantastic looking cards and really pretty difficult to find in higher conditions. The pops are so low on Crofts and Najda's but even the Dockman's - the higher pop cards like Wagners (throwing 68) and (hitting 40) are super low availability..... even if you add another 30 to each from the other graders....

THe e93's in this auction were pieces of art!

Snapolit1 04-26-2022 06:47 AM

Quote:

Originally Posted by chriskim (Post 2219075)
I placed a bid on a lot that "I don't really need but let's place a bid and see how it goes) and sadly..... no one outbid me and I need to stuck with it. :(

Happens to me ALL the time. Wake up and grab the phone, hoping I didn't win it. No, of course I won.

Jersey City Giants 04-26-2022 06:49 AM

As a bidder I was outbid last night in the extended version.

As a seller of three lots I think I picked up like $25 LOL. That said, I was pleased with the prices I received overall.

mordecaibrown1 04-26-2022 07:20 AM

RE Auction
 
Extending that auction the way it was gave losing bidder who many times in the heat of battle regret placing one more bid after the auction ended or were chasing something else had a full day to think things over, and up their bid the next day. Watching the lots I was in on anyway, many of the out bids did not come right a way, they came the next day. The money I saved on a card I lost in the last minute the next day, I used to jumped on eBay and negotiated a back and forth 4 hour purchase on a card much nicer than the one I would have won at RE.

ullmandds 04-26-2022 07:36 AM

my consignments moved marginally over the extended auction...my bids all got decimated. I walked away with some batman trading cards!!!!

bobbyw8469 04-26-2022 07:39 AM

Quote:

Originally Posted by ullmandds (Post 2219125)
my consignments moved marginally over the extended auction...my bids all got decimated. I walked away with some batman trading cards!!!!

Those are cool!! That's a good non sport set!

molenick 04-26-2022 07:48 AM

It's hard to figure out the psychology of thousands of bidders. For some, having a day to think about things may have meant deciding not to keep bidding (plus, maybe they were pissed off and did not bid in protest). For others, the extra day allowed them to get in bids they could not get in during the outage...but in the light of day may have focused them on the lots they really wanted.

My experience was that the one item I won was from a bid made on 4/25 (before extended bidding). My consignments picked up some bids during the day but only one (out of eight) received any bids in the extended period.

I think the extended bidding was much calmer than it would have been the day before and that the vast majority of items closed at 9:10. My guess is that much of what would have happened in the extending bidding the night before happened during the day of 4/25 (before extended bidding).

mordecaibrown1 04-26-2022 08:20 AM

RE: Auction
 
My understanding is that outage was not that long, that auction should have ended that night even though it could have gone until 2 or 3 am like some of the other auctions do anyways.

Leon 04-26-2022 08:25 AM

1 Attachment(s)
Quote:

Originally Posted by mordecaibrown1 (Post 2219136)
My understanding is that outage was not that long, that auction should have ended that night even though it could have gone until 2 or 3 am like some of the other auctions do anyways.

You have probably never run an auction company that went up and down the ending night. REA did the only thing they could do under the circumstances. Once I saw it go up and down more than once I knew it would be extended.

bounce 04-26-2022 08:25 AM

More time means people get an opportunity to re-evaluate. For those who did their homework, set their budgets and prepared for the actual auction end, what happened was a punch to the groin because it made a lot of that effort less useful and far less valuable - particularly since the extension was effectively another entire day.

I lost a card that I believe I was absolutely about to win, and actually did win a couple different times on Sunday night, because someone had a chance to spend the entire day Monday recalibrating prices. Good for the consignor, good for that bidder I guess, sucks for me but that's the breaks.

For consignors, there's "opportunity" as a result of that day, which is ultimately a free option, even if no additional bids come through.

What eeks me, and I'm sure many others, is that putting in the work to actually be prepared and ready to go so frequently is rendered less valuable by events like this, whether we're talking auction closes or just life in general. Those who prepare should have an advantage and be rewarded for their efforts, and changing the rules as the scoreboard is about to go final nullifies that in some sense.

Anyway, thankfully this is collecting, and there's always something else...

I'll post my wins after they come in.

earlywynnfan 04-26-2022 08:39 AM

Quote:

Originally Posted by mordecaibrown1 (Post 2219136)
My understanding is that outage was not that long, that auction should have ended that night even though it could have gone until 2 or 3 am like some of the other auctions do anyways.

How do you know this??

Casey2296 04-26-2022 08:50 AM

Nice pick up Leon!

molenick 04-26-2022 08:59 AM

Ditto for Leon's card. Are T208s considered rarer than D359s? Or are they on about the same level?

Peter_Spaeth 04-26-2022 09:11 AM

This will be behind us soon and next time we can get back to the ritual banter about the catalog and its arrival, the breathless wow just wows, the bids placed!, and so forth. :)

Fortunately my too-high bid held up although it got bumped a couple of levels in the extended bidding. So it goes. I think it's hard to know what would have happened on Sunday night if the site had not had issues, and I think no matter what REA did some part of their constituency would have been pissed off.

Leon 04-26-2022 09:37 AM

Quote:

Originally Posted by molenick (Post 2219149)
Ditto for Leon's card. Are T208s considered rarer than D359s? Or are they on about the same level?

Others might have different ideas but I would guesstimate at least 10 D359s to each T208, probably more. I have owned approx. 30 D359s over the years. I have owned about 2-3 T208s, including this one...
LL
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