Stamporama Discussions: Auction Closing Time

Club Business & Announcements/Tech Advice : Auction Closing Time

Author

Postings

d1stamper

15 Apr 2014
01:33:21pm
Auctions - Approvals

When does an auction actually close?

I see an auction lot that shows the following

Posting Time: Thu 10th April 2014 13:25:55
Current Time: Tue 15th April 2014 13:29:31
Closing Time:
All times are in USA Eastern Time Tue 15th April 2014 13:25:55

As you can see the auction is still open 4 minutes after the closing time.

There was no last minute bid.

Revstampman

15 Apr 2014
02:48:00pm

re: Auction Closing Time

It is probably due to a last minute bid. If a last minute bid is placed it delays the end of the auction.

d1stamper

15 Apr 2014
02:54:59pm
Auctions - Approvals

re: Auction Closing Time

There was no last minute bid. Also no bid made in the last 10 hours before closing.

CapeStampMan

Mike
15 Apr 2014
04:23:37pm

re: Auction Closing Time

Yes, I believe the auctions end on the quarter hour, following the posted time.

Mike

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"It's been 7 years now, since I joined a support group for procrastinators. We haven't met yet..."

auldstampguy

Tim
Collector, Webmaster
15 Apr 2014
07:31:00pm

re: Auction Closing Time

Hi Mike,
You are correct. There is a program that runs every 15 mins that looks for lots that can be closed.

Regards ... Tim

"Isaac Asimov once said if his doctor told him he was dying, he wouldn’t lament, he would just type a little faster. "

mncancels.org

nigelc

16 Apr 2014
10:48:47am

re: Auction Closing Time

From what I've seen the closing time is enforced correctly so you can't make a bid after the posted closing time but before the lot has been marked as closed.

amsd

Editor, Seal News; contributor, JuicyHeads
16 Apr 2014
02:30:40pm

re: Auction Closing Time

that's correct Nigel. the auction is separate from notifications that the auction has closed.

"Save the USPS, buy stamps; save the hobby, use commemoratives"

juicyheads.com/link.php?PLJZJP

TinMan

20 Apr 2014
09:11:44am

re: Auction Closing Time

Personally I think the Auction works great. The Auctioneer is to be commended for the terrific job he is doing. Keep up the good work and don't do like some of the other Online stamp Club sites have done and turn it all over to EBAY or merge with EBAY.

Thanks Chuck
IE: TinMan

Author/Postings

d1stamper

15 Apr 2014
01:33:21pm

Auctions - Approvals

Revstampman
15 Apr 2014
02:48:00pm

re: Auction Closing Time

It is probably due to a last minute bid. If a last minute bid is placed it delays the end of the auction.

d1stamper

15 Apr 2014
02:54:59pm

Auctions - Approvals

re: Auction Closing Time

There was no last minute bid. Also no bid made in the last 10 hours before closing.

CapeStampMan

Mike
15 Apr 2014
04:23:37pm

re: Auction Closing Time

Yes, I believe the auctions end on the quarter hour, following the posted time.

Mike

1 Member
likes this post.
Login to Like.

"It's been 7 years now, since I joined a support group for procrastinators. We haven't met yet..."

auldstampguy

Tim
Collector, Webmaster
15 Apr 2014
07:31:00pm

re: Auction Closing Time

Hi Mike,
You are correct. There is a program that runs every 15 mins that looks for lots that can be closed.

Regards ... Tim

"Isaac Asimov once said if his doctor told him he was dying, he wouldn’t lament, he would just type a little faster. "

mncancels.org

nigelc

16 Apr 2014
10:48:47am

re: Auction Closing Time

From what I've seen the closing time is enforced correctly so you can't make a bid after the posted closing time but before the lot has been marked as closed.

amsd

Editor, Seal News; contributor, JuicyHeads
16 Apr 2014
02:30:40pm

re: Auction Closing Time

that's correct Nigel. the auction is separate from notifications that the auction has closed.

"Save the USPS, buy stamps; save the hobby, use commemoratives"

juicyheads.com/link. ...

TinMan

20 Apr 2014
09:11:44am

re: Auction Closing Time