"Live" auction support has a long way to go

Comments

• JCMhouston Posts: 5,306 ✭✭✭

  July 28, 2008 1:20PM

  That's one of the reasons I just put in my max, if that gets beat someone wanted it more than me. I have been succesful in a couple of the Heritage Live auctions though. There were two cases where I dind't put in bids when I first looked at the coins, then went back online the night of the aution and won a couple.

  JCM-Houston
  World Collection
  British Collection
  German States Collection

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• timcoin Posts: 674 ✭

  July 28, 2008 1:20PM

  Just out of curiosity, would you have bid up to your maximum online prior to the sale had they not offered "real-time" (or whatever these techies call it) bidding? Personally, as a potential consignor, I would not want my coins auctioned in this manner. Too many things can go wrong. Your service could go down, the internet service at the hotel where the auction is could go down, there could be too much internet traffic, your web browser could shoot craps, there could be that ping problem you mentioned. With that many coins, you would have to image that there are only a handful of really interested bidders on each lot. If just one of those interested bidders where to have a problem, the price for that lot could be way less. Sometimes I think these auction houses go overboard with all these fancy bells and whistles.

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• BECOKA Posts: 16,961 ✭✭✭

  July 28, 2008 2:11PM

  Have not dealt with Stacks live but have had good luck with Heritage Live. I forgot to place an early bid and was forced to go live and it worked great.

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