Auction Oceanside Card Club 99 x $2 (1 Viewer)
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I'm not the official auctioneer, but here's my view. Red means 'not a valid bid' either because of time or amount.
o 4:59 Aplusent 207
o 5:00 Gear 212
o 5:00 Aplusent 220
x 5:00 BSteck 222
o 5:04 Aplusent 227
x 5:04 Gear 227
o 5:07 BSteck 242
o 5:12 Gear 247
x 5:12 Aplusent 250
o 5:17 Aplusent 255
o 5:22 BSteck 262
W 5:27 Aplusent 267
o 4:59 Aplusent 207
o 5:00 Gear 212
o 5:00 Aplusent 220
x 5:00 BSteck 222
o 5:04 Aplusent 227
x 5:04 Gear 227
o 5:07 BSteck 242
o 5:12 Gear 247
x 5:12 Aplusent 250
o 5:17 Aplusent 255
o 5:22 BSteck 262
W 5:27 Aplusent 267
bluegill
Flush
This one isn't up to me. I will get clarification for any auction I bid on.
I have always been under the impression that a bid placed and timestamped 7:12 was the winner as soon a 5 minutes passed on the forum timestamp, which would be 7:17
If it has to be 7:18 before a winner is declared I would think that was a 6 minute rule.
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I have always been under the impression that a bid placed and timestamped 7:12 was the winner as soon a 5 minutes passed on the forum timestamp, which would be 7:17
If it has to be 7:18 before a winner is declared I would think that was a 6 minute rule.
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Aplusent
Flush
Thanks Gear! Very Informative... I don't participate in many auctions...Now that I see this... it answered the questions I was asking!
In the near future I will be needing your services!
Thanks-Troy
IMO that's not correct, because the seconds aren't shown in the timestamp.
Consider the following:
#1
Post A at 5:15:00, Post B at 5:20:17 <-- Post B was made 5m17s after Post A, over 5 minutes apart.
vs
#2
Post A at 5:15:40, Post B at 5:20:17 <-- Post B was made 4m37s after Post A, under 5 minutes apart.
But since the seconds aren't shown, you can't tell the difference between #1 and #2, so you must consider both of them to be within 5 minutes. Otherwise it's ambiguous and unfair.
Post A at 5:15:ss, Post B at 5:21:ss <-- Regardless of the seconds, Post B is always at least 5 minutes after Post A.
Unambiguous.
bluegill
Flush
Not my pig, not my farm.
But, I have been shown that this can be interpreted two different ways. All we have is the timestamp, no seconds. So you are saying it is essentially a 6 minute rule on the timestamp.
I will make sure to check with the seller when I participate in an auction for clarification on their view.
Last edited:
BSteck
Full House
So the wording of the rules is "the closing time will be 5 min. after the latest bid was posted."
For example if:
Last bid was at 5:25:45. Time stamped as 5:25
Then closing time would officially be 5:30:45 if we had the seconds available.
A bid placed at 5:30:40 would be valid - and would have been time stamped as 5:30.
A bid placed at 5:30:50 would be late - and would have been time stamped as 5:30.
A bid placed at 5:31:01 would be late - and would have been time stamped as 5:31. Clearly too late
Without the seconds, we just have no way to know which 5-minute bid is valid and which is not. So my interpretation is that you have the five minutes to get your bid in. When time stamp rolls over to +6 minutes it's officially and unambiguously over.
But again... that's just my interpretation. It's up to the auctioneer to make the call on any disputes.
For example if:
Last bid was at 5:25:45. Time stamped as 5:25
Then closing time would officially be 5:30:45 if we had the seconds available.
A bid placed at 5:30:40 would be valid - and would have been time stamped as 5:30.
A bid placed at 5:30:50 would be late - and would have been time stamped as 5:30.
A bid placed at 5:31:01 would be late - and would have been time stamped as 5:31. Clearly too late
Without the seconds, we just have no way to know which 5-minute bid is valid and which is not. So my interpretation is that you have the five minutes to get your bid in. When time stamp rolls over to +6 minutes it's officially and unambiguously over.
But again... that's just my interpretation. It's up to the auctioneer to make the call on any disputes.
OP
OP
oh, boy, here we go again
i think we can agree that the rule exists to prevent sniping and ensure everyone gets a chance to keep bidding until they are ready to give up. with that, i would err on the side of enforcing the spirit of the rule, not the exact letter, and basically allow bidders to keep going every five minutes, give or take, until there is one bid left, rather than prematurely end the auction based on some timestamp technicality. in my future auctions, i will actually spell this out in the rules if possible.
in this particular case, my impression is that the auction did not end prematurely, rather you guys just went down a rabbit hole trying to explain why or why not a few bids were valid. hope I've got that right.
Edit: @BSteck's last post came in while I was writing this. If you feel the auction didn't end to your satisfaction, let me know. I want this to not get hung up on technicalities.
i think we can agree that the rule exists to prevent sniping and ensure everyone gets a chance to keep bidding until they are ready to give up. with that, i would err on the side of enforcing the spirit of the rule, not the exact letter, and basically allow bidders to keep going every five minutes, give or take, until there is one bid left, rather than prematurely end the auction based on some timestamp technicality. in my future auctions, i will actually spell this out in the rules if possible.
in this particular case, my impression is that the auction did not end prematurely, rather you guys just went down a rabbit hole trying to explain why or why not a few bids were valid. hope I've got that right.
Edit: @BSteck's last post came in while I was writing this. If you feel the auction didn't end to your satisfaction, let me know. I want this to not get hung up on technicalities.
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