Does the REA auction pick up towards the end?

[marzoumanian]

As a consignor in the CURRENT auction, I thought it would help to provide you with an up-to-date review of bid patterns on my item.
First day, April 7, started out slow in the $50 increments. Continued the same on the 8th and 9th. And then NOTHING for three days. On the 12th it started up again in the same $50 bumps. It heated up, moving $700 in one day. Then nothing until the 14th. Suddenly, a $600 leap in ONE day. Holy cow! Then nothing at all for FOUR days. Now it is creeping up again in $100 moves, a couple of bids a day. Slowly.
You get the picture. This is the free market at work and the way it should be. As others have already mentioned, you will go to bed this Saturday night, noting the price your item rests at. When you wake up on Sunday morning you will be stunned. Guaranteed. If you are bidding you MUST be resolved to staying up late if you REALLY want an item. That's just the way the market is nowadays.
Peace.

[darwinbulldog]

Originally Posted by marzoumanian

As a consignor in the CURRENT auction, I thought it would help to provide you with an up-to-date review of bid patterns on my item.
First day, April 7, started out slow in the $50 increments. Continued the same on the 8th and 9th. And then NOTHING for three days. On the 12th it started up again in the same $50 bumps. It heated up, moving $700 in one day. Then nothing until the 14th. Suddenly, a $600 leap in ONE day. Holy cow! Then nothing at all for FOUR days. Now it is creeping up again in $100 moves, a couple of bids a day. Slowly.
You get the picture. This is the free market at work and the way it should be. As others have already mentioned, you will go to bed this Saturday night, noting the price your item rests at. When you wake up on Sunday morning you will be stunned. Guaranteed. If you are bidding you MUST be resolved to staying up late if you REALLY want an item. That's just the way the market is nowadays.
Peace.

I also have exactly one item consigned in the auction. It received the opening bid on the first day and zero action since then. Looks like maybe they started it too high, but it went for 3x as much when they sold it in 2016. Win some, lose some I guess.