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  1. #1
    Senior Member
    Join Date
    Feb 2015
    Posts
    213

    Grey flannel auction

    Steiner got pasted for this a while back so it's only fair to blast grey flannel. Why is this auction still going? I don't understand how bidders need 3 weeks to bid and then another 10 plus hours of extended bidding. Has anyone on here stayed up all night watching this?

  2. #2
    Senior Member
    Join Date
    Mar 2008
    Posts
    1,342

    Re: Grey flannel auction

    Received an email around 4am that I was still winning a lot. Now I'm outbid.

    Junk...

  3. #3
    Senior Member
    Join Date
    Aug 2014
    Posts
    742

    Re: Grey flannel auction

    Truly is insane! and really stupid!

  4. #4
    Senior Member
    Join Date
    Oct 2014
    Posts
    229

    Re: Grey flannel auction

    It is now closed, but, didn't get an email announcing it...actually, I'd rather have it close the next day rather than the middle of the night/next morning, if they have to close it at once...

  5. #5

    Re: Grey flannel auction

    Quote Originally Posted by sherbal15 View Post
    I don't understand how bidders need 3 weeks to bid and then another 10 plus hours of extended bidding.
    The thing is bidders don't usually actively bid over the first three weeks. It's the extended bidding period which is the real auction.

    That said, as a bidder I agree with the concept of an extension after each bid if its an item by item close. The frustration comes from the whole catalogue being extended due to a bid on a single item.

  6. #6

    Re: Grey flannel auction

    I hate the extended bidding but it will never change. I've never been to a live auction where the auctioneer gavels it as sold but then says "you've won it for now but we are going to formally sell it 8 hours later if any one else wants to creep in at that time."

    Maybe just stop calling them auctions.

  7. #7

    Re: Grey flannel auction

    do people prefer to have the auction end in the wee morning hours on the weekend (most auctions), or during the week at the start of the following workday (grey flannel)?

    on one hand, with the auctions that end on the weekend, you are able to stay up for most of, if not the entire, auction if you wish. but on the other hand, during the week with grey flannel, if you wanted to you could have put in your final bids when you woke up/got to work the next day.

    my preference is the weekend, for sure. just too long the other way, in my opinion.

  8. #8
    Senior Member
    Join Date
    Oct 2014
    Posts
    229

    Re: Grey flannel auction

    Well, good point...Robert Edward auctions seems to have the best of both worlds with how they end their auctions now...

  9. #9

    Re: Grey flannel auction

    that is pretty true, though their last one was on a sunday i believe. i think the only way extended bidding gets shortened if it closes lot by lot.

  10. #10
    Senior Member
    Join Date
    May 2015
    Posts
    1,096

    Re: Grey flannel auction

    everyone should just not bid. I don't think they do a very good job of vetting their stuff anyway....personally I'd use mears or another one.

 

 

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