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Called about an invoice, no big deal, but since I had him on phone asked about any possible changes in auction ending rules, given the uproar in some quarters over the end of this week's auctions which came at, what, 6 a.m. in the East? He was very friendly and responsive and talked about pros and cons of various ideas. He said, yes, it has gotten much worse lately so he would like to make change, but to what?
Says he once tried ending the lots separately but it was a "disaster'--many complained. Ending all at a fixed time, say 1 a.m., also draws complaints because people like to jump to other lots if they lose one. And so on. He says though there appears to be little action in the middle of the night a lot of dough gets bid on higher end lots. He ended by asking me for ANY ideas, very open to hearing, so if you want to propose some below, please do. Of course, it's a problem with several auctions, not just his. |
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