Goldin Auctions

[Gorditadogg]

Originally Posted by dariushou

"Extended Bidding - After an auction for an item closes, the auction will then enter an extended bidding window of 30 minutes for Elite Auctions and 15 minutes for Weekly Auctions. Extended bidding is open for everyone and for every item at auction. Each additional bid placed will extend the auction timer by 30 minutes for Elite Auctions and 15 minutes for Weekly Auctions. So get your bids in early!"



Who in god's name writes this crap. You would think that Goldin would be very specific on how the auction works in extended bidding. Does Auction mean the entire auction or a lot by lot basis? When I read the above paragraph from the Golding FAQs, I read it as the entire auction is extended each time a bid is placed in the extended bidding time. This sentence: "Each additional bid placed will extend the auction timer by 30 minutes for Elite Auctions and 15 minutes for Weekly Auctions." Especially when other references to "Auction" in that paragraph reference the entire auction and not a lot...



Why not say each lot will be extended, but only that lot if it gets a bid in extended bidding... I mean seriously. You can read "auction" in that paragraph many different ways, but it would seem to me most of the time it is referring to the entire auction. I really don't understand why auctionhouses are not more concise when discussing extended bidding and how the auction works. There are just too many holes in that paragraph. I should have asked before, yes, but why leave it up to consumers when a few words would make it crystal clear.



Yes, i'm writing this because i'm pissed because i missed out on almost every item i was bidding on because of the lack of specifics in that paragraph. Whoever consigned these cards to Goldin lost out big time because i was going to win a number of these auctions hands down.



Ticked off collector

That's ridiculous. Within that paragraph, "auction" can mean either an individual lot or the entire event. Goldin goes back and forth between the two. Clear as mud.

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[Donscards]

I actually did like the auction format---I usually go to bed 10-1030 and If I win a lot fine, if not no problem--I went to bed last night at 1040, at that point I won 4 lots already ( I won 7 overall)--if a lot did not get a bid in 30 minutes, lot closed--I bid in auctions from day 1 and the last day, give my final push--There was alot of action all day yesterday in the auction. I consigned 11 lots and was pleased --some went higher than I expected, some on the nose and I lost on 2--I did win the Crofts Wagner, which I think was a buy. Anyway I do like Golden's format--I dont like auctions that go on forever like 2-3 in the morning.