Robert Edwards Auctions STILL going strong at 8:15 AM Est!!!!

[ullmandds]

my consignments moved marginally over the extended auction...my bids all got decimated. I walked away with some batman trading cards!!!!

[bobbyw8469]

Originally Posted by ullmandds

my consignments moved marginally over the extended auction...my bids all got decimated. I walked away with some batman trading cards!!!!

Those are cool!! That's a good non sport set!

[molenick]

It's hard to figure out the psychology of thousands of bidders. For some, having a day to think about things may have meant deciding not to keep bidding (plus, maybe they were pissed off and did not bid in protest). For others, the extra day allowed them to get in bids they could not get in during the outage...but in the light of day may have focused them on the lots they really wanted.

My experience was that the one item I won was from a bid made on 4/25 (before extended bidding). My consignments picked up some bids during the day but only one (out of eight) received any bids in the extended period.

I think the extended bidding was much calmer than it would have been the day before and that the vast majority of items closed at 9:10. My guess is that much of what would have happened in the extending bidding the night before happened during the day of 4/25 (before extended bidding).

[mordecaibrown1]

My understanding is that outage was not that long, that auction should have ended that night even though it could have gone until 2 or 3 am like some of the other auctions do anyways.

[Leon]

Originally Posted by mordecaibrown1

My understanding is that outage was not that long, that auction should have ended that night even though it could have gone until 2 or 3 am like some of the other auctions do anyways.

You have probably never run an auction company that went up and down the ending night. REA did the only thing they could do under the circumstances. Once I saw it go up and down more than once I knew it would be extended.

[earlywynnfan]

Originally Posted by mordecaibrown1

My understanding is that outage was not that long, that auction should have ended that night even though it could have gone until 2 or 3 am like some of the other auctions do anyways.

How do you know this??

[Casey2296]

Nice pick up Leon!

[molenick]

Ditto for Leon's card. Are T208s considered rarer than D359s? Or are they on about the same level?

[Leon]

Originally Posted by molenick

Ditto for Leon's card. Are T208s considered rarer than D359s? Or are they on about the same level?

Others might have different ideas but I would guesstimate at least 10 D359s to each T208, probably more. I have owned approx. 30 D359s over the years. I have owned about 2-3 T208s, including this one...
LL
.

[Rhotchkiss]

Originally Posted by molenick

Ditto for Leon's card. Are T208s considered rarer than D359s? Or are they on about the same level?

T208s are wicked rare, more so than D359s generally (by a decent margin).

Really great pick up Leon.

I won these two. Super psyched for both. The 1896 Wagner pre-rookie did not get a hit during the original extended bidding on Sunday night and closed at 9:10 yesterday. Thus, I won it regulation without any bids after midnight Sunday. I think the Plank got 1-3 bids in the initial extended bidding (I had a high max bid so it just auto bid for me), and it go no bids on Monday and closed at 9:10pm.

Very few cards of the 40+ lots I was watching got bids on Monday (although a few did and they moved a lot), and maybe 3-4 got bids on Monday extending bidding.

[Peter_Spaeth]

This will be behind us soon and next time we can get back to the ritual banter about the catalog and its arrival, the breathless wow just wows, the bids placed!, and so forth.

Fortunately my too-high bid held up although it got bumped a couple of levels in the extended bidding. So it goes. I think it's hard to know what would have happened on Sunday night if the site had not had issues, and I think no matter what REA did some part of their constituency would have been pissed off.

[bounce]

More time means people get an opportunity to re-evaluate. For those who did their homework, set their budgets and prepared for the actual auction end, what happened was a punch to the groin because it made a lot of that effort less useful and far less valuable - particularly since the extension was effectively another entire day.

I lost a card that I believe I was absolutely about to win, and actually did win a couple different times on Sunday night, because someone had a chance to spend the entire day Monday recalibrating prices. Good for the consignor, good for that bidder I guess, sucks for me but that's the breaks.

For consignors, there's "opportunity" as a result of that day, which is ultimately a free option, even if no additional bids come through.

What eeks me, and I'm sure many others, is that putting in the work to actually be prepared and ready to go so frequently is rendered less valuable by events like this, whether we're talking auction closes or just life in general. Those who prepare should have an advantage and be rewarded for their efforts, and changing the rules as the scoreboard is about to go final nullifies that in some sense.

Anyway, thankfully this is collecting, and there's always something else...

I'll post my wins after they come in.