Nobles April auction

trout · April 11, 2016, 11:10:12 AM

Quote from: 'JeffH' pid='86997' dateline='1460338617'Read what it says on the reverse trout

Doh :blush:
Crikey Walter did you buy that one?

autocoupler · April 11, 2016, 12:23:04 PM

Quote from: 'stevo1962' pid='86856' dateline='1460104456'As usual the highest prebid was where the live auction started on many of the lots

Yes, I've been caught out in the past by how they operate, and from my experience, winning on line bids have been at the maximum amount. They do encourage on line bidders to place their maximum bid; quote "The amount you leave must be the maximum amount you are prepared to pay for that item". To me, this suggests that your bid will be increased incrementally as other lower bids are placed, which I think is how they actually manage the process up till the end of on line bidding. But when the floor bidding commences, it appears the on line bids jump straight to the maximum bid irrespective of what level the on line bidding was at.

While ever they do this, every on line bidder can have no confidence their winning bid will be one increment above the under bidder. So what's it matter if the under bidder is on line, or on the floor.

IMO, they need to spell out their bidding structure much better than they have.

echidna · April 11, 2016, 07:05:13 PM

Quote from: 'wwwww' pid='86995' dateline='1460337856'I thought this was nice.

The 1855 is a super coin.
They had a bunch of great half sovs that went cheap.

duggee27 · April 11, 2016, 08:00:49 PM

i won't tell walter :angel:

but i did see your hand go up on a few nice coins.
i was tempted by just being there but sat on my hands .. mainly because i had not done my research on these aust. gold coins,and i was only after i coin, got it earlier and it was gold !!

echidna · April 11, 2016, 08:05:46 PM

Quote from: 'duggee27' pid='87034' dateline='1460370649'i won't tell walter :angel:

but i did see your hand go up on a few nice coins.
i was tempted by just being there but sat on my hands .. mainly because i had not done my research on these aust. gold coins,and i was only after i coin, got it earlier and it was gold !!

Which one was it ?

dreamcatcher · April 14, 2016, 03:23:23 PM

My first auction I sent in a very high postal bid for an item and didn't expect to have to pay anywhere near that amount. I watched the auction online and was shocked to hear them calling for bids with no response at all and suddenly the postal bidder representative called out my maximum bid and it sold for that amount. I know for fact there were no other bidders near my maximum bid. I was disappointed in the process.

duggee27 · April 14, 2016, 03:26:59 PM

Which one was it ?
[/quote]

echi
pm sent

stevo1962 · April 14, 2016, 03:37:05 PM

Quote from: 'dreamcatcher' pid='87152' dateline='1460613203'My first auction I sent in a very high postal bid for an item and didn't expect to have to pay anywhere near that amount. I watched the auction online and was shocked to hear them calling for bids with no response at all and suddenly the postal bidder representative called out my maximum bid and it sold for that amount. I know for fact there were no other bidders near my maximum bid. I was disappointed in the process.

That is pretty standard for Nobles.That's why you won't catch me putting postal
bids in on any of their auctions unless they are low