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I mean 4 sets, each @ 0.0102BTC
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You should write the dimensions of this or take photo besides meter, or something like coin or lighter just to show what are approximate dimensions.
Dimensions: 21cm long (funny that) X 9.369cm high X 3.369cm deep
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Dang. Work got the better of me. Congrats @tweetious on that win.
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Lot 1: 0.0113BTC
Lot 4: 0.0056BTC
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20 - geophphreigh
OH MAN I AM SO EXCITED! I have never wanted to win a raffle so badly before, for personal reasons!
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Thank you ChiBitCTy. I realize that you are not out to get anyone and this is for a good cause after all.
To be transparent, this is what we discussed via PM:
1. ChiBitCTy will keep the auction open for an additional day with updated/clarified rules and all lots unchanged.
2. I will honor all my existing bids in the auction (ie. not retract any existing valid bids already placed).
3. I did not bid for freebies, so in leu of receiving all the lots for free, I have offered to honor my total bid price from the auction (lots 1, 3, 4, 5, 6), 0.029BTC, in exchange for an item(s) of aprox. value yet TBD. This payment will be in addition to any lot(s) that I win (if I win) at the conclusion of the auction extension. This should increase total donated and prevent ChiBitCTy from having to create duplicate lots for free.
Hopefully this will allow everyone to bid, will increase donations to a good cause, and will not wreck anyone financially for donating duplicate lots. I hope this is an acceptable compromise for the collectable community!
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I will say that I am frustrated that an additional day was added to this auction. No doubt that all who wanted to bid and missed the end are upset, but that is how an auction works, there is a set end time. I watched the end of the auction and no one outbid me, but now it is not honored. Furthermore, a day was added before I was able to weigh in on the auction and I won 5/6 of the lots, which doesn't seem fair, as most would be happy to keep bidding since they lost.
I understand this is for charity, but this auction was up for 7 days, plenty of time for people to see and set reminders of end time. I guess I won't cause too much fuss as this is for charity, and I recognize that. I am frustrated as there were a few items I was genuinely excited to have won. How am I to ever know if an auction will be arbitrarily extended after the fact in the future?
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Just my 2 sats.
While I am confident that all collectors in this space would love to see the value of loaded coins to be exponentially higher than face value, that is just not true currently. Traditionally the value of the item comes from a combination the cryptocurrency loaded, how much is loaded, the material made from, number produced, trust of maker, and condition/grade of item etc. It is not as simple as gold coin is rare. Maybe this will change in the future as you suggest. For now I know two things:
1. Potential future value does not translate into current value.
2. It really doesn't matter how much you feel it is worth, only way to know is what someone is willing to pay for it. An auction would decide this.
Like I said, just my 2 sats, and not trying to stir the pot. Would love to see it peeled for educational purposes too. These collectables are well out of my range, but still wonderful to admire for all the reasons you listed that make it rare.
Geo
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d- geophphreigh
Thanks MJ
Wonderful. This is a great introduction for mom. even if I don't win, may need to give her one anyway.
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My interpretation of the no sniping rule - 15 min extension - is a per lot extension from time of last valid bid. So any lot with a bid in the last 15 minutes extends the auction end time 15 minutes from the time of the bid. If no bids in the last 15 minutes of the auction, it ends at time stated in OP (ie. lots 2, 3, 4, 5, 6).
Lot 1 had a bid at 11:48:08 EST, and this lot would now end at 12:03:08 EST. All other lots ended at 12:00:00. No other bids were placed before 12:03:08, the next attempt being at 12:14:00 EST for lot 1, which is invalid. The extension is from the last valid bid time, not the auction end time is my understanding.
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Fantastic!
Was not expecting to pick up so many awesome items.
Thanks for hosting @ChiBitCTy, glad that some funds will go to a good cause.
Geo.
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