An idea for this section? Live Auctions....

[tazdmb]

Questions (that I currently don't have an answer to):

-Can the seller establish a minimum bid?
-Would each item have its own thread? or would each seller have its own thread?
-is there a maximum amount of items to have up at once?
-What are the bid increments?
-Does a bidder/seller need to have to have a minimum amount of posts/some other criteria to know they are legit?
-Do all payments need to go through regular Paypal (not Paypal gift) for security of buyer and seller.

Honestly, authentication is a minimal concern for me on this board as many of the people are veterans and if a bad autograph is posted accidentally, I am sure it will be taken care of.

[Leon]

For transparency I am not an autograph collector and am not going to generally deal in them. That being said it seems they come my way sometimes .

First and foremost I like the way the little live auctions are going in the BST now (knock on wood I rarely need to get involved). But some potential special rules here....and possbile answers- though all are open to debate

all auctions start at $1 and no reserve
each item/lot has its own thread
each seller can have 2 open at once
bid increments are up to each seller
all members in good standing are eligible. scammers won't last long
payment can be up to sellers....

Originally Posted by tazdmb

Questions (that I currently don't have an answer to):

-Can the seller establish a minimum bid?
-Would each item have its own thread? or would each seller have its own thread?
-is there a maximum amount of items to have up at once?
-What are the bid increments?
-Does a bidder/seller need to have to have a minimum amount of posts/some other criteria to know they are legit?
-Do all payments need to go through regular Paypal (not Paypal gift) for security of buyer and seller.

Honestly, authentication is a minimal concern for me on this board as many of the people are veterans and if a bad autograph is posted accidentally, I am sure it will be taken care of.

[tazdmb]

Originally Posted by Leon

all auctions start at $1

For this reason alone, I will not be treading lightly until I see that other items are getting some what of market value. My concern is that because of the limited activity hear compared to an AH and Ebay, items will go for a fraction of their fair value.

[bnorth]

My only question Leon is why the $1 start with no reserve? In the regular auction section there is no requirement for a $1 starting price.

A question for the auto guys. Is there a reason why you don't list your items in the regular auction section now? I ask because I rarely see any there.

[Leon]

Originally Posted by bnorth

My only question Leon is why the $1 start with no reserve? In the regular auction section there is no requirement for a $1 starting price.

A question for the auto guys. Is there a reason why you don't list your items in the regular auction section now? I ask because I rarely see any there.

ok start them at what you want to, doesn't matter to me. Have reserves too. If too many go unsold then we can address it then.. You guys make the rules. I was just helping get the ball rolling. All I will say is caveat emptor and have fun.

[bnorth]

Originally Posted by Leon

ok start them at what you want to, doesn't matter to me. Have reserves too. If too many go unsold then we can address it then.. You guys make the rules. I was just helping get the ball rolling. All I will say is caveat emptor and have fun.

I really hope it works and Leon let us know when you are going to start the new Live Auctions-Autograph section. I really like the BST section on the forum, I buy 99% of my vintage cards off it with way over 100 transactions from some great sellers. My question was because I did not want to see the sellers have to start things at $1 and end up giving a few item away super cheap and stop listing.

[egri]

I like this idea. I'm too tired right now to chime in with my thoughts, but I think it's definitely worth a shot.