Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
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Dutch auctions don't really work that well for stamps. There are issues with the condition of the stamps to be sold in the lot, and who gets what. It hasn't worked well on other sites where it was tried. Also, a rule on SOR precludes Dutch auctions where the actual item being sold must be shown. You can show all 15 copies of the stamp being shown, and list them from best condition to worse. However, if I'm a bidder and I want to get the best one, and I fall short, I would wind up paying for a filler or inferior condition stamp that I wouldn't want.
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I agree with Michael that Dutch auctions could be a real can of worms for used stamps where each is totally unique. But there might be a middle road where the seller states that he has similar items they could offer at the selling bid price. Only problem is if I were a bidder, why bid the item up when I could just wait and buy it for the lowest bid?
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Hi everyone;
Good point, I agree with michael78651, and philatelia, nix the dutch auctions. They are good for a hundred identical pair of sunglasses. Even MNH stamps are never the same. there is the issue of centering, margin width, ink colors, perf condition etc.
I do like the idea of BIN, but with the feature of 'list until sold', I don't know if we have that feature on here or not. I couldn't find it in the club rules.
I have tons of great material that is too good for approvals and my other four sites are dead-as-a-doornail for the last year or two. I would like to move more of that material over here.
Keep on stampin
Ken Tall Pines
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Having read all the posts, I have decided we do not need a dutch auction capability here on SOR.
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Plus, how many of us want to go to Holland, just to have another auction? 
Oh wait, we could all stay at Jan-Simon's place, couldn't we Jan-Simon?
Mike
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Ken, there is an optional buy-it-now (BIN) feature on auction lots only, outside of the obvious BIN with approval books, which is probably what you are wanting. The BIN feature in the auctions works differently here than on other sites. The BIN feature, if the seller opts to use it, works in concert with the auction listing and becomes the maximum amount to be paid for the item being auctioned. When the BIN amount is reached, either through bids, or a buyer entering the BIN amount, the auction lot immediately ends and is automatically sold to the buyer. It is an interesting concept that I like to think as the "ultimate snipe".
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Has any thought been given to adding a dutch auction capability for those having more than one of an item to sell? I cannot find any discussions on the matter.
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03:50:41pm
re: Dutch Auctions
Dutch auctions don't really work that well for stamps. There are issues with the condition of the stamps to be sold in the lot, and who gets what. It hasn't worked well on other sites where it was tried. Also, a rule on SOR precludes Dutch auctions where the actual item being sold must be shown. You can show all 15 copies of the stamp being shown, and list them from best condition to worse. However, if I'm a bidder and I want to get the best one, and I fall short, I would wind up paying for a filler or inferior condition stamp that I wouldn't want.
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re: Dutch Auctions
I agree with Michael that Dutch auctions could be a real can of worms for used stamps where each is totally unique. But there might be a middle road where the seller states that he has similar items they could offer at the selling bid price. Only problem is if I were a bidder, why bid the item up when I could just wait and buy it for the lowest bid?
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re: Dutch Auctions
Hi everyone;
Good point, I agree with michael78651, and philatelia, nix the dutch auctions. They are good for a hundred identical pair of sunglasses. Even MNH stamps are never the same. there is the issue of centering, margin width, ink colors, perf condition etc.
I do like the idea of BIN, but with the feature of 'list until sold', I don't know if we have that feature on here or not. I couldn't find it in the club rules.
I have tons of great material that is too good for approvals and my other four sites are dead-as-a-doornail for the last year or two. I would like to move more of that material over here.
Keep on stampin
Ken Tall Pines
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re: Dutch Auctions
Having read all the posts, I have decided we do not need a dutch auction capability here on SOR.
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re: Dutch Auctions
Plus, how many of us want to go to Holland, just to have another auction?
Oh wait, we could all stay at Jan-Simon's place, couldn't we Jan-Simon?
Mike
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12:24:12am
re: Dutch Auctions
Ken, there is an optional buy-it-now (BIN) feature on auction lots only, outside of the obvious BIN with approval books, which is probably what you are wanting. The BIN feature in the auctions works differently here than on other sites. The BIN feature, if the seller opts to use it, works in concert with the auction listing and becomes the maximum amount to be paid for the item being auctioned. When the BIN amount is reached, either through bids, or a buyer entering the BIN amount, the auction lot immediately ends and is automatically sold to the buyer. It is an interesting concept that I like to think as the "ultimate snipe".
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