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What we collect!
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What we collect!
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Sales, Swaps, Auction & Approvals/Auction Disc. : Dutch Auctions

 

Author
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John Macco
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Astrophilatelist- Space Cover Collector

03 Sep 2014
02:07:52pm
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.Happy

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michael78651
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Moderator, MT Member

03 Sep 2014
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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"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

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philatelia
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APS #156650

04 Sep 2014
02:02:48pm

Approvals
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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"Some women splurge on designer shoes, I’d rather buy classic covers. ;-)"
TuskenRaider
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04 Sep 2014
05:31:37pm
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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www.webstore.com/store,pgr,37572,user_id,37572,ac,shop
John Macco
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Astrophilatelist- Space Cover Collector

04 Sep 2014
06:24:20pm
re: Dutch Auctions

Having read all the posts, I have decided we do not need a dutch auction capability here on SOR.Thumbs Down

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CapeStampMan
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Mike

04 Sep 2014
10:59:41pm
re: Dutch Auctions

Plus, how many of us want to go to Holland, just to have another auction? Rolling On The Floor Laughing

Oh wait, we could all stay at Jan-Simon's place, couldn't we Jan-Simon?

Mike

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"It's been three years now, since I joined a support group for procrastinators. We haven't met yet..."
michael78651
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Moderator, MT Member

05 Sep 2014
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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"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

www.hipstamp.com/store/the-online-stamp-shop
        

 

Author/Postings
Members Picture
John Macco

Astrophilatelist- Space Cover Collector
03 Sep 2014
02:07:52pm

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.Happy

Like
Login to Like
this post
Members Picture
michael78651

Moderator, MT Member
03 Sep 2014
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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1 Member
likes this post.
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"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

www.hipstamp.com/sto ...
Members Picture
philatelia

APS #156650
04 Sep 2014
02:02:48pm

Approvals

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?

Like
Login to Like
this post

"Some women splurge on designer shoes, I’d rather buy classic covers. ;-)"
Members Picture
TuskenRaider

04 Sep 2014
05:31:37pm

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

Like
Login to Like
this post

www.webstore.com/sto ...
Members Picture
John Macco

Astrophilatelist- Space Cover Collector
04 Sep 2014
06:24:20pm

re: Dutch Auctions

Having read all the posts, I have decided we do not need a dutch auction capability here on SOR.Thumbs Down

Like
Login to Like
this post
Members Picture
CapeStampMan

Mike
04 Sep 2014
10:59:41pm

re: Dutch Auctions

Plus, how many of us want to go to Holland, just to have another auction? Rolling On The Floor Laughing

Oh wait, we could all stay at Jan-Simon's place, couldn't we Jan-Simon?

Mike

Like
Login to Like
this post

"It's been three years now, since I joined a support group for procrastinators. We haven't met yet..."
Members Picture
michael78651

Moderator, MT Member
05 Sep 2014
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".

Like
Login to Like
this post

"Author: Seasons of Fantasies and Dreams, The Whitechapel Fog"

www.hipstamp.com/sto ...
        

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