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Author Topic: [Auction] Casascius 2013 Silver 0.1 MS-68 [1 of 3 known to exist] 2 Day Auction  (Read 1714 times)
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July 23, 2015, 12:49:45 PM
 #41

I think you had misunderstood what I was saying via PM. I was saying that I have seen multiple people honor the original terms of the auction even though unforeseen events made it impossible for additional bidders to bid, resulting in unfavorable prices for sellers, and more favorable prices for the buyer (who placed their bid early)

If that is indeed the precedent in these sorts of situations, I will honour AnalogKid's bid. I apologise for the confusion


So you were swayed from extending the auction by the only other person selling a M68 0.10 casascius coin at the moment..
While I do like your snarky comment, me swaying him this way was probably harmful to me. If he had not sold the coin to TheAnalogKid at the price he did then there is a good chance that I would have sold it to TheAnalogKid, likely at a much higher price (then the high bid amount). Now, I have a coin that I am interested in selling and the only point of reference is a high bid amount that I think is much below the market value.

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July 23, 2015, 01:40:37 PM
 #42

I think you had misunderstood what I was saying via PM. I was saying that I have seen multiple people honor the original terms of the auction even though unforeseen events made it impossible for additional bidders to bid, resulting in unfavorable prices for sellers, and more favorable prices for the buyer (who placed their bid early)

If that is indeed the precedent in these sorts of situations, I will honour AnalogKid's bid. I apologise for the confusion


So you were swayed from extending the auction by the only other person selling a M68 0.10 casascius coin at the moment..
While I do like your snarky comment, me swaying him this way was probably harmful to me. If he had not sold the coin to TheAnalogKid at the price he did then there is a good chance that I would have sold it to TheAnalogKid, likely at a much higher price (then the high bid amount). Now, I have a coin that I am interested in selling and the only point of reference is a high bid amount that I think is much below the market value.

Should be noted that final price was above the final bid. I have an ms67 version of the same coin. I might auction it also.

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