Would it be appropriate, and feasible, to auction an item on the BST? I see it as something of a "closed bid" auction where an item would be posted/described and a time frame given where bids will be accepted. Interested parties would email their top bid to the seller and the highest bid wins the item at completion. Obviously, some underhanded things could happen. Since it is "closed", the seller could bypass a top bid and sell to a friend instead, alert a potential bidder of the current high bid so he could top it, or decide at its conclusion that the bids didn't go high enough and hold on to the item. I suppose members could post their bids on net54 for all to see; one reply must top the prior. Leon, is this something you'd give your blessing to?
|