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View Poll Results: Which auction house closing method do you prefer: | |||
All lots close after no bids for 15 minutes (a.k.a. the 15 minute rule or all-nighter rule). |
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9 | 6.52% |
Lots close after 15 minutes of receiving no bids after extended bidding starts. |
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119 | 86.23% |
Select option 3 if there is another preferred method and please post the method in the thread. |
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10 | 7.25% |
Voters: 138. You may not vote on this poll |
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#25
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I hope dealers are looking at this because I don't think there has ever been a Net54 poll where there was such overwhelming agreement.
As for making up our own rules (such as, "no one else can bid") I would like the ability to retroactively increase my bids on closed auctions. I will even be reasonable and limit it to "auctions that closed within the last 30 days". Because recently there were five or six auctions closing within a few weeks of each other where each had items I was interested in. And every time I stopped bidding, in my mind it was because I could allocate that money towards the next auction. Then it came down to LOTG and Heritage and I thought, well, those are the lots I REALLY want, so I'm glad I saved money from the prior auctions. And when my multi-increment-higher max bid got topped on the LOTG lot I wanted, I thought "I am going to bid whatever it takes to get the Heritage lot". And then I ran into someone else who felt the same way and I just couldn't justify spending three times more than I originally thought the lot would go for. So now that I have extra cash on hand, I want to go back to LOTG, REA, Sterling, Brockelman, Mile High, etc. and keep bidding on closed lots!
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