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  1. #1
    Senior Member
    Join Date
    Sep 2014
    Posts
    199

    Re: Grey Flannel Auction

    Quote Originally Posted by Phil316 View Post
    Interesting.

    I think when items from an auction company get called out continuously at every auction that raises a red flag to me. Regardless of the company, ethics plays a big part for me. I am not going to support companies that are less than honest.

    To each their own though.
    This. Also I checked the prices out of curiosity when I woke up at 7am est the following day and it was still open. I'm under the assumption they go to sleep and then close the thing when they wake up seeing as how it's an east coast company.

  2. #2
    Senior Member
    Join Date
    Mar 2015
    Posts
    264

    Re: Grey Flannel Auction

    I agree with Birds - they have a 10-minute rule in place - i.e., all lots remain open until 10 minutes have passed with no bids, then all lots close at once. Strange how other big auction houses have a 15 minute rule and generally close the auctions around 4 or 5 am, but with GF's 10 minute rule, they are somehow able to get enough bids every 10 minutes to keep the auction open until 9am?!?!

    Seems a little fishy to me.

 

 

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