Can someone explain to me the Stacks auctions today...please

coinsarefun

I was bidding on the


The November 2013 Baltimore Auction - U.S. Coins, U.S. Currency, World Coins, Ancients And World Paper Money.

Auction # 196

Bidding Ends: 11/12/2013 3:00:00 PM PST


Is there a live bidding? Did I miss it?


What did I miss

Broadstruck

It was a internet only auction and ended at 3:00 PM PST.

coinsarefun

Hmmm

I'm going to post what I see on my puter and tell me if I won

STONE

Another - 'can someone explain this S-B auction scenario from today'

Coin X, Reserve = $400

My High Bid = $460

Current Bid = $375


Auction Status = "Session Closed. Reserve Not Met"





I'll call in the morning!

coinsarefun

It says......


Current Bid: $120
Your Bid: $160

Final Bidding has ended for this session.


what does that mean?

STONE

You should have won!

For me, what is weird is that I Won 1 coin in the auction, but the 2nd coin (posted above) shows me not winning it...even though both my bids were above the reserve price!

Head scratching!

coinsarefun

That definitely is a head scratcher


I just can't imagine myself being this lucky to win the coin for 1/6th the price
I am never that lucky

1tommy

Last month they had a auction that was the same, I called them up after bidding on a coin to find out when the Live bidding was going to happen, they explained the bidding ended at 3 pm west coast time and highest bidder wins, I won a coin for 60 bucks a Variety that had sold on teletrade the month before for over 240. I really think there missing out by ending these auctions at 3 west coast time and watching todays auction I thought there was alot of the Washingtons that went Cheap. I am just used to them having Live auctions and guess I must have missed these before..........It will show up tomorrow anything you won today on there site.........Enjoy

2ndCharter

Perhaps someone from S-B should come on the forum because it appears they're running their internet auctions just like eBay except they are closing at an inconvenient time and hitting the winning bidders with a 17.5% buyers charge.

Yeah, that's a great way to get people to consign to their internet sales.

BryceM

After the ANA auction I filled out a survey about my experience with the auction.

I had plenty to say, but I tried to do in a constructive way. They sent me back a personalized reply that indicated they would soon be revamping the entire computer system which should fix/eliminate most of the problems I brought up.

....... that was several months ago.

Not that I usally sell too much via the large auction houses, but I can's see myself consigning with them as things are now.

coinsarefun

Well, just got off the phone with them and indeed I did win so needless to say I am a very happy camper.
On the other hand if I was the consignor I would not be happy at all


Also I noticed in my winning bids there was a silver certificate showing that I won for $850 and did not even bid or have it
on my watch list yet it showed I won.....I spoke to them and they are looking into it.

STONE

<< <i>Well, just got off the phone with them and indeed I did win so needless to say I am a very happy camper.
On the other hand if I was the consignor I would not be happy at all


Also I noticed in my winning bids there was a silver certificate showing that I won for $850 and did not even bid or have it
on my watch list yet it showed I won.....I spoke to them and they are looking into it. >>


Oh man...my headache continues too...I too just noticed that I 'won' a coin in a series I don't collect (nor was even watching!)

Will be calling soon!

coinsarefun

I would definaty call them as I think it is a software issue.

They didn't seem to have an issue with it so they might know about it.

STONE

Good...because it would be a $2,100+ purchase!