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Old 10-27-2016, 07:51 PM
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frankbmd frankbmd is online now
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Join Date: Nov 2011
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I am happy with the structure of this auction, but would like to add a mid-course addition. I realize that some of you would like to post your bid on the thread, so let's do both.

A PM bid will still be treated as a MAX bid. If one of these bids prevail, the winner will pay only one dollar more than the second place bidder.

If you choose to bid in the thread, what you bid is what you pay (no one dollar more rule). Obviously if a bid is posted in the thread, any subsequent bid must top it by a dollar or more.

Before the second phase of the auction, I will disclose the current price, which could be $1 more than the highest posted bid, but I will not reveal the highest MAX bid.

As the second phase proceeds, I will try to keep the auction's value current.

Carry on.
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