Talk:Auction: Difference between revisions

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imported>Aleta Curry
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imported>Sandy Harris
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== Initial comments ==
Nice work so far. Of course Christie's and Southeby's should go in at some point. Also some discussion of the situation where, several similar items are for sale, winning bidder takes as many as he wants at the winning price, and the rest are auctioned again later.
What about auction scams? e.g. I think Wikitravel's warnings about art auctions on cruise ships [http://wikitravel.org/en/Scams#Cruise_ship_art_auctions] sound believable and the one time I went to a heavily-advertised carpet auction in a local hotel, it struck me as utterly crooked.
Are you going to cover tactics? What about risks like the time I bid higher than I'd intended to get my wife a nice bicycle at a police auction and discovered later that, including replacing a tire and a check-up at the bike shop, I'd spent more than that model sold for new? [[User:Sandy Harris|Sandy Harris]] 07:20, 11 May 2012 (UTC)

Revision as of 01:20, 11 May 2012

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 Definition:  A method of buying and selling in which the selling price is determined by competition among the buyers. [d] [e]
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 Workgroup categories:  Business and Hobbies [Editors asked to check categories]
 Talk Archive:  none  English language variant:  British English

Initial comments

Nice work so far. Of course Christie's and Southeby's should go in at some point. Also some discussion of the situation where, several similar items are for sale, winning bidder takes as many as he wants at the winning price, and the rest are auctioned again later.

What about auction scams? e.g. I think Wikitravel's warnings about art auctions on cruise ships [1] sound believable and the one time I went to a heavily-advertised carpet auction in a local hotel, it struck me as utterly crooked.

Are you going to cover tactics? What about risks like the time I bid higher than I'd intended to get my wife a nice bicycle at a police auction and discovered later that, including replacing a tire and a check-up at the bike shop, I'd spent more than that model sold for new? Sandy Harris 07:20, 11 May 2012 (UTC)

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