What would you do...

SirAnthonyAC

Hi,

I just completed a large number of auctions from a slice of an estate sale... I paid $2048.00... got back $2054.00 and kept some cool stuff for my own collection.

Anyways, while I'm waiting for another batch, I placed up a few proof auctions, that are on consignment for my friend Brandon (good buyer too).

Now, he has changed his mind and wants me to cancel the auctions. Of course, I have a bid from one of my other better buyers, Travis, and I hate to cancel the bid on him. Also, I not too thrilled about ending 5 auctions early.

Ideas?



Thanks,
Anthony

SiranthonyAC Auctions

Placid

If the owner of the coins says cancel I would cancel.

rainbowroosie

Cancel and send an email to the bidders explaining what happened.

nwcs

I would go ahead and cancel the auctions and tell the bidder why. But before that I would re-confirm with the consigner. ANd maybe put in some clauses that if the consigner cancels early next time that you get some kind of small compensation for time and trouble.

longtimecollector

My bet would be that 1 outta 5 had bids, and smoeone is hawking his wares here instead of the BST forum

SirAnthonyAC

Hi,

Yeah... I'll end them and have Brandon pay for the listing fees.

I only have one bid on the 5 but... the one bidder is the guy Travis I mentioned... I'll toss him an email.

BTW: nope, I'm not hawking anything here... I just sold 51 items on Ebay, from the first batch, and placed 5 proofs on consignment. If I was hawking, I would have placed a link to my auctions BEFORE they all sold, and I wouldn't mention that I'm ending newest the 5 earily.

Enjoy the week... Six Feet Under just started... gotta go!!!

Anthony

UncleWiggly

I can't see why anybody wouldn't say ok if they were bidding on something and got a e-mail explaining the situation you are describing. I can't even imagine you getting a reply back saying...too bad, that's your problem... Cancel the auctions no one's bid on, and work it out with all the bidders quickly. Jerry

LincolnCentMan

Cancle the auctions. However, I'd post an explaination in the auctions on why they were cancled before I closed them out.

David

Shamika

No matter how much someone may want to keep a particular coin, there's always an offer that the owner can't ignore.

For instance, I have a 1938-D Buffalo nickel graded PCGS MS67 that is worth about $250 or so. The coin has the prettiest toning I've ever seen on a Buffalo nickel and it's NOT FOR SALE. However, if somebody came along and offered my $800, he can have it. Follow me?

Tell Brandon to figure out what his "can't-walk-away-from-it" price is. Once he's determined it, have him bid accordingly. This acts like a reserve (though technically it may be considered a shill, I don't know).

If the original bidder remains the high bidder, then the coin sells, the bidder gets the coin, Brandon gets his payday and everbody's happy.