REA Fall Auction Ends TODAY With New 12 PM Noon Eastern Deadline For Initial Bids!

[jefferyepayne]

Originally Posted by botn

Agree completely with Jay. I expressed so when Brian first posted a few weeks ago alerting us to the new closing procedure. I was never one of the west coast guys who stayed up until 3 AM but this process really hijacks an entire Sun and interrupts watching football and the World Series. The hard close at 9PM PST, if it even goes that late, is also not to my liking.

I feel as horrible about messing up your Sunday as you did me not getting any sleep when REA closed at 4am.

Just put in max bids if you're busy on Sunday ... like all the West Coasters used to tell me to do if the auction ended too late for me to stay awake.

jeff

[botn]

Originally Posted by jefferyepayne

I feel as horrible about messing up your Sunday as you did me not getting any sleep when REA closed at 4am.

Just put in max bids if you're busy on Sunday ... like all the West Coasters used to tell me to do if the auction ended too late for me to stay awake.

jeff

You always this charming?

[mybuddyinc]

12:19 pm EDT ----------- this thing still going ???!!!


I think it's innovative idea .....

[shammus]

I'm very surprised to see I've actually won two lots already as the only bidder on them. Never had that happen before....

[iowadoc77]

Originally Posted by shammus

I'm very surprised to see I've actually won two lots already as the only bidder on them. Never had that happen before....

Congrats!

[rainier2004]

Yeah, I don't see the negative to the new format. The auction has been up for 3 weeks and there will be extended bidding for 12 hours no matter where you live...not really putting a crimp on my time here.

Nice auction, thanks Brian.

[Leon]

Originally Posted by shammus

I'm very surprised to see I've actually won two lots already as the only bidder on them. Never had that happen before....

Congrats. I have been outbid on all of mine. I am pretty sure I will put more bids in but At least it won't be an all-nighter....

[Exhibitman]

I like it. With three weeks and twelve hours there is no excuse to completely miss a bid. I threw down my max bids today once ot started and I am able to ignore the auction and get on with my day. Plus I will know the outcome before I go to bed. What I don't like is lots with no bids being closed to bids in OT. As I get ko'ed on lots and my budget frees up I might want to go bottom feeding. I do that in Sterling.

[spacktrack]

If anyone is interested in placing a bid on an unopened lot, please feel free to email us at info@robertedwardauctions.com and we'll take care of it. The system should allow you to bid on an unopened lot at any time, but it does not appear to be allowing it, so we can do it manually.

Thanks to all who are involved in the bidding!

[base_ball]

Originally Posted by shammus

I'm very surprised to see I've actually won two lots already as the only bidder on them. Never had that happen before....

There was a surprising number of lots with zero or one bid in this auction. In Lelands recently closed auction a stunning one third of the lots had zero or one bid. This trend is now widespread in the sports auction memorabilia business due to rising opening bids/reserves following the prosecution of the Mastro Crime Family.

[Snapolit1]

Originally Posted by base_ball

There was a surprising number of lots with zero or one bid in this auction. In Lelands recently closed auction a stunning one third of the lots had zero or one bid. This trend is now widespread in the sports auction memorabilia business due to rising opening bids/reserves following the prosecution of the Mastro Crime Family.

80 lots of 2300 do not have a bid. Any many items in most auctions have 1 bid. Doesn't seem significant to me at all, as many of the 80 are obscure pieces of memorabilia. No offense but it seems like you have some kind of agenda you are straining to advance.

[base_ball]

Originally Posted by Snapolit1

80 lots of 2300 do not have a bid. Any many items in most auctions have 1 bid. Doesn't seem significant to me at all, as many of the 80 are obscure pieces of memorabilia. No offense but it seems like you have some kind of agenda you are straining to advance.

Simply an observation that opening bids have been hiked over the past few years.

[scooter729]

Originally Posted by Snapolit1

80 lots of 2300 do not have a bid. Any many items in most auctions have 1 bid. Doesn't seem significant to me at all, as many of the 80 are obscure pieces of memorabilia. No offense but it seems like you have some kind of agenda you are straining to advance.

This is just a bit of a change from REA auctions from several years ago, where starting bids were rock bottom and a 2,000 lot auction literally may have 2-3 items not get a bid. I didn't see it as an agenda from the post or an issue with the auction, just an observation.

[jefferyepayne]

Originally Posted by botn

You always this charming?

Nothing at all personal, Greg.

It's just annoying that its ok for me to stay up until 4am but not ok for others to bid during their day.

jeff