Brockelman and Luckey Auctions

[Matt]

Originally Posted by oldjudge

A general question-Do people think that the auction's open format (you can bid any time, even in the last 15 minutes, whether you have bid on a lot or not) holds down early bidding? Is there any incentive to bid prior to the last hours of the auction?

It probably does hold down early bidding but so long as the hammer bidding is as strong as possible, which is the point of the open format, it doesn't matter.

[chaddurbin]

with some of the high openings it might be better to get in that initial bid at market price where a 2nd or 3rd bid would be "reaching".

[familytoad]

The countdown is on...good luck everyone!

[ethicsprof]

thanks,

it is exciting!
best,
barry

[chaddurbin]

the ending day bump never brings the bidders good luck

[e107collector]

Any idea on when it might end?

Tony

[Leon]

I think it will go at least 1+ more hours....I can't say for sure though. We had around 120 bids in the last hour, and are tracking about 100 this hour..Each hour is split into 15 minute increments and when one of those increments doesn't get a bid placed in it, the whole auction closes. It's the software!! ...regards