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Rules: Postings must be an ad announcing an intent to sell, buy or trade. Full item description and photo(s) must be posted within the message here, not as links to other websites. Links to online auctions and other sites: Links to online auctions, dealer sites or other listings of items are permitted, but you should be careful to ensure that such listings will comply with our other ChronoTrader Policies. In addition, we request that sellers linking to online auctions or listings offer some benefit or accomodation to ChronoTrader readers (for example, some discount or an undertaking to end an auction early, to keep a watch "in the family"). Photos must be of the actual item for sale in its present condition. No counterfeit or replica products. No post for the same item may be repeated within 7 days, except to lower the asking price. Commercial dealers are limited to three unique posts per day. [More...]

Re: "Informal Auction" versus "Dutch Auction"

Jeff, your point is well taken, I apologise to you and the seller, you're right, this wasn't the strict definition of a Dutch auction - I should know better.

- it is a very subjective way to sell as buyers 'out there' simply cannot know for sure whether the bidding is actually where the seller says it is. Personally if I was asking for offers I think I would ask that the offers be made on the selling forum so everyone out there knows where they stand; but there are of course pros and cons to that too.

But this is not my place and, I'm relatively new to this and I shouldn't be making waves, so I apologise again to you Jeff and to you the seller and I'll scurry back into my box!

Ben

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