Disagree -- There are Good Reasons for Informal Auction

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Disagree -- There are Good Reasons for Informal Auction

In Response To: Re: "Make an Offer" versus "Informal Auction"?? ()

No, there are huge differences between the eBay platform and what we are doing here, especially with the rare and more valuable watches.

I have conducted a couple of "Best Offer Over . . . " auctions, on rare watches (say, ones that we see for sale less than six times per year). On one of the watches, my best expert said that I should hope for around $15,000 to $17,000, and in the end the watch sold for over $20,000. On another, I was hoping for around $18,000, and the watch sold for around $22,000.

I have not used this approach for the more common or commodity watches, for which we have better information and less at risk, but I believe that this approach is valuable for the rare ones. Any suggestion that eBay can offer this same type of platform is just nonsense.

Jeff

++++++++++++++++++++++++++++++++++++++++

: Isn't that what ebay is for????????

: I would think that if someone is selling a watch (or anything else)
: there has to be a price stated in the ad.

: Anything else to me is just a waste of time, and I'll never respond
: to any advert formulated that way, again in my opinion
: if you want offers then put it up for auction, it is at least a
: little more transparent.

: Only my 2 cents.