Understood, although there likely are people in the opposite camp.

Received my one winning bid today. I've been looking for an E103 for my type collection for awhile and this fit the bill: HOFer, nice coloring, decent centering, no creases....just (sorry) "honest corner wear". Would have loved either of the other two in the auction, but I couldn't afford them (an EX Lajoie and a VG+ Mathewson).

For what it's worth, I placed bids during the extended bidding after midnight but stopped when it was clear that the auction was not going to end until the next day (technically, much later the same day). There was no reason to stay up at that point, but I would have if another day had not been added to the auction. I placed the winning bid before extended bidding on Monday and it held up.

I'm not sure I understand what you are saying about all lots being opened again after the outage. Since the outage happened just after midnight, no lots would have been closed yet so it would make sense that everything remained open to allow for extended bidding to take place. Once it became apparent that the problems were not fixed, I think they decided to extend for a day. I agree with what someone posted yesterday that there should not have been such a long delay between getting the auction back up and sending out any additional communication about what had happened and what was going to be happening with the auction.

What I mean is that, when the site became functional again (I didn't note the exact time, but I think it was somewhere between 12:15 and 1:20 EST), the site indicated that the auctions were going to end after another 10 minute per-lot timer.

Seeing this, I would have bid based on this information at the time if not for Leon's post (correctly) prognosticating that they would eventually extend it by another full day.

congrats to you
 

Hi Pete, thanks to you and Ryan for the nice comments. Great pick up on the Joe Joe! I love it! And Ryan, that Wagner pre rookie is awesome!

Most people in this thread are only looking at it from one side depending on what they believe.

As you pointed out it's impossible to know what the difference is or would have been if there was no glitch.

Probably the closest comparison you can get is to compare the overtime bidding in recent REA auctions.

Here is a comparison of the overtime bids in this auction to the recent fall auction and last springs auction for the first 20 lots in each auction.

These are the bids in each auction in overtime when you can only bid on items that you had previously bid on. In two cases a lot didn't meet the reserve so I used the numbers from lot 21.

This auction 170 bids in overtime 71 of them on Monday
2021 fall auction 65 bids in overtime
2021 spring auction 160 bids in overtime

So there was 10 more bids in this auction than there were last springs auction on the first 20 lots. Lot number 7 the signed t202 Cobb in this auction received 42 bids in overtime 33 of them were on Monday.

I'll stick with my original premise: if an AH took a financial hit from one of these outages/delays . . . IT WOULD NEVER HAPPEN AGAIN.

Based on what? Outages happen even to major companies all the time, you seem to think an AH is capable of making itself outage and glitch proof, not so.

https://www.newsweek.com/major-websi...0-2021-1640031

And I'll stick with what I said here.

This is/was my sentiment. And because of this I didn't bid on Monday. Of the two lots that I really wanted, one was near my maximum on Sunday and I was the underbidder. I probably would have gone another hundred or two on it at most Sunday night. Monday it got no bids and went for the high it had Sunday night. I was the high bidder on the other lot on Sunday night and was willing to go $700 above that. Monday it got a bid 7 minutes into the extended bidding to take the lead. Since I wasn't watching the auction, that's what it went for 10 minutes later.

So in these two data points, two consigners lost money as did REA. At least $100 on each lot and depending on the other bidder for the second lot, up to $700 on that one.

So no, it is not an indisputable fact that everyone made more money. Although it is indisputable that I have more money in my bank account because of the Monday extension. :D

Robert Edwards Auctions thread STILL going strong at 8:15 AM Est!!!!

If whoever was jousting with me in extended overtime and extended-extended overtime is here no need apologize just send me a thousand bucks and we're good.

After several weeks of normal bidding, there followed a couple hours of extended bidding. This was supposed to be followed by lot by lot 10 minute extended sessions to conclude the auction.

Instead, the 10 minute per lot session continued for over an hour, and each time the clocks seemed to be running down, they reset. It was like expecting the auction to end within minutes (so get those bids in) time after time, and this had to result in more last minute bidding. I certainly thought I was on the verge of winning my lot several times, and increased my max bid during the madness, in case I got disconnected as my lot was closing.

Then, REA decides to add an entire new day of extended bidding, and then, yet another 10 minute per lot countdown.

If we can all agree that bidding in auctions is most intense at the close, then what would be the result of bidders thinking the close was imminent again, and again, and again, and again, then an extra day is added, and then one last final, final extension?

It would be like ebay having snipers put in their last second top bids, then adding a minute to allow another round of snipe bidding, then adding another round, and another........

quoting for posterity.

All the people that could bid seem to be ignoring the fact that there were many people that couldn't.

And some folks will still argue that all of this resulted in no more money for the AH and consignors.

Believe me, I WISH I had consigned a six figure card to this.

When I consign a really nice card I never want the auction to close. Every additional bid can be huge.

Scott,

Is that supposed to be some type of funny joke or an attempt at sarcasm? Aside from being a classic example of someone taking something out of context, that was stated by me in regards to others who posted on here in this thread about how they did in fact end up making additional bids in this recent REA auction because of the closing glitch, and subsequent one-day extension to the auction. I used that language to go along with and parody others who had been saying some things involved in this thread discussion were undisputable facts, when they quite frankly clearly were not. That excerpt you are "saving for posterity" was part of a much longer statement I made showing how there apparently was in fact something in this thread that actually was an indisputable fact, that the glitch in REA's auction closing did in fact lead to some additional bids in this one particular REA auction. And that statement by me was even re-affirmed in later post #239 by one of the parties I had based my original statement on.

So please explain to me why out of all the other statements in this thread claiming to be indisputable facts that clearly were not, you decided and saw fit to "save for posterity" an out of context quote from me about one thing in this thread that actually is an indisputable fact? Especially when the post of mine you are quoting from was already quoted and saved for posterity by someone else in post #225. Seems to make your post totally redundant then. So, I'm just trying to make some sense as to why you still needed to post what you did then, because forgive me, I sure can't make any sense out of it at all.

You're right -- that's a great looking 1.5, congrats!

Sorry I thought you were serious. Taking it in the spirit it was intended I couldn't agree more. The phrases "seem to indicate" and "indisputable fact" just made me laugh as they kinda don't go together.

It would be interesting to conduct a poll asking forum members who was still able to bid, and who was shut out in the original overtime session.

My experience was roughly 10 minutes of outage (12:06 - 12:16), and then it resumed full bidding capabilities throughout the repeated extensions (which seemed like about an hour in duration). Lots with no activity were extended 4-5 times, as the countdown clock could not effectively close them out.

In retrospect, I think REA had no choice but to extend it to the next day. However, I felt (since the auction shut down in the overtime session), it should have resumed Monday at 9 PM EDT with the 10 minute lot-by-lot overtime. I don't think it should have re-opened for the entire Monday.

Just my two cents regarding the most fair solution.

Agree that would have been a fairer solution. All of the lots but one that I was bidding on went way higher Monday. Would be a tough argument to say that an issue during extending bidding of the announced close let the AH extend a full day and then have another extending bidding period somehow decreased prices rather than increased them. I know the side I’d rather defend.