Still Going Strong - MEARS December 2010 Auction

[bobbyw8469]

I repeat...sweet irony for the East Coasters....

[pgellis]

This is going to go on for a while with another whole day for people to bid. And a lot of people are not working today, so this will keep going, and going, and going...

[thekingofclout]

Originally Posted by bobbyw8469

I repeat...sweet irony for the East Coasters....

This isn't a gangsta rap east coast vs west coast, kill or be killed bullcrap. It's Baseball Memorabilia. Who cares? Go ahead and bid! If you bump me, I'll either come back, look elsewhere or bow out. You've got some issues man...

[bobbyw8469]

No issues here....I just find it funny that this auction format has burned the East Coast people for years....lo and behold, the West Coast bidders get burned this auction and the tears flow.....carry on!

[thekingofclout]

Originally Posted by bobbyw8469

No issues here....I just find it funny that this auction format has burned the East Coast people for years....lo and behold, the West Coast bidders get burned this auction and the tears flow.....carry on!

I've never thought of losing an auction as getting "burned" regardless of the situation. If I really want something, I win it 90% of the time (and that is probably a little low). No worries here, as all is beautiful in sunny Southern California. Life is good, life is fair.

[perezfan]

The weather here in Seattle is frigid, but life is still great. There are still a large number of lots with no bids (mostly photos- some very cool) despite the extended timing. Derspite being a "West Coaster", I think it's great that the auction continues. I found a few obscure pieces that I wouldn't have otherwise, and everyone now has an equal shot.

Each lot will go to the highest bidder regardless of their bedtime, and that's not so bad. In fact it's a great scenario for consignors. As a consignor, I much prefer this format to H&S, Legendary and Hunts, but that's just me.

It's possible that Mears can't end it, as the auction software might not allow it while bids are still coming in. I have heard of this happening in past auctions. Still a ton of bargains to be had, so it's kinda fun... I'm heading back to their site right now

[Leon]

Originally Posted by perezfan

The weather here in Seattle is frigid, but life is still great. There are still a large number of lots with no bids (mostly photos- some very cool) despite the extended timing. Derspite being a "West Coaster", I think it's great that the auction continues. I found a few obscure pieces that I wouldn't have otherwise, and everyone now has an equal shot.

Each lot will go to the highest bidder regardless of their bedtime, and that's not so bad. In fact it's a great scenario for consignors. As a consignor, I much prefer this format to H&S, Legendary and Hunts, but that's just me.

It's possible that Mears can't end it, as the auction software might not allow it while bids are still coming in. I have heard of this happening in past auctions. Still a ton of bargains to be had, so it's kinda fun... I'm heading back to their site right now

They could easily end the auction manually. At worst case with the help of the software people. That being said, as long as bids are coming in, if I were them, I wouldn't end it. I have seen auction houses end auctions manually with bids still coming in. If I were a consignor in one of those auctions I might not be that happy. Call me greedy but I want my consignments to sell for as much as they can. best regards

[bobbyw8469]

again, my point is being missed.....I wish some East coasters would chime in......me personally, if it is going to be this particular format, I am GLAD it is extending into day two!!!!

[Leon]

Originally Posted by thekingofclout

This isn't a gangsta rap east coast vs west coast, kill or be killed bullcrap. It's Baseball Memorabilia. Who cares? Go ahead and bid! If you bump me, I'll either come back, look elsewhere or bow out. You've got some issues man...

+1

For the record we also have this same bidding process in the B and L Auctions. We start the lots a little higher and don't have 2000+ lots, so it hasn't been an issue. If we had this many we would try to make it where it would end at some point before sun up. That being said, big freaking deal. Bid again or bow out, as Jimmy so eloquently put it. If someone outbids me on something then I have the ability to bid again or not to bid. If I were one of their consignors I would be very happy. As one of their very durable bidders I am happy too. NO worries.....and Congrats to the MEARS guys, this is a great auction.

[pgellis]

Why not have it so that if an individual lot had no additional bidding for let's say even one hour (instead of 15 minutes), or even 2 hours, then that lot should close? If there is no activity for an extended period of time, then why shouldn't that lot close?

I mean why even have an ending time if you have 2000 lots and every time someone bids in that 15 minute period the entire auction continues?

Again, I understand it's all about maximizing $$, but this is pretty ridiculous.

[sayhey24]

Originally Posted by thekingofclout

This isn't a gangsta rap east coast vs west coast, kill or be killed bullcrap. It's Baseball Memorabilia. Who cares? Go ahead and bid! If you bump me, I'll either come back, look elsewhere or bow out. You've got some issues man...

+2

An auction house's primary responsibility is to its consignors, who have to be ecstatic this morning.

To me as a bidder, this is a fun challenge. I don't want to "out" anything that a board member is hoping to win -- but there are still so many pieces of great memorabilia that are under $250, heck there are some great bats that are less than $100.

Greg

[bcbgcbrcb]

Should this be the ROLE MODEL for all auction houses going forward now since it is maximizing dollars for their consignors?

[GoldenAge50s]

I completely agree w/ Jeff & Jay in posts 2 & 4.

I watched my auction 'til the supposed ending time & put in my bid, then watched off & on into the AM waiting for it to end. I have been the only bidder on the auction for about 15 hrs & it's still going?

COMPLETELY ABSURD that I have to watch maybe all weekend & get beat out next Mon by someone who just happens to pass by?

Why not keep it going 'til Spring Training starts & maybe a baseball Lot will get an extra bid because of someone w/ spring fever?