verkmans auction
We have come up with what we hope is a partial solution to the un-ending auction problem. In order to discourage late bidding/sniping at extreme hours and to encourage bidding when everyone is (hopefully) awake, bids placed after 1:30 AM EST are subject to an additional buyers premium of 5%;
This is cut and paste from verkmans own rules
and they have to have placed bids on at least 10 lots prior to 10 oclock
I am not blasting anyone...if anyone here believes that abidder bid on 10 lots prior to 10pm but not the one i bid on just so they could snipe this lot at 140 am and pay 5% more i would like to sell a bridge in brooklyn to
which begs the question why didnt they bid at 1:29 and save the 5% addon fee?
Last edited by sflayank; 10-06-2011 at 06:48 AM.
|