Boats at auction
- Thread starter dgadee
- Start date
RobWales
Well-Known Member
Also had the email for this event via another website..
However the auctioneers employ the 10 minute rule? i.e if a bid is placed within 10 mins of auction end another 10 mins gets added and so on and so forth??
Like no auction house or online auction I've ever known and IMHO quite unfair.
clydeoutboardservices
Active Member
I disagree. if you were at an auction with other people you would always get the chance to bid again and this is how this works. I have bought from this site and found it great and v easy. The only difference is that I don't need to be there.
burgundyben
Well-Known Member
I wonder how much the Volga Hydrofoil will fetch, I always wanted one of those.
Interesting, that MFV like 'MTB' had on here years ago, Danbrit, they want bids of £1000, I'd have thought bids of £10 would be more appropriate!
Interesting, that MFV like 'MTB' had on here years ago, Danbrit, they want bids of £1000, I'd have thought bids of £10 would be more appropriate!
Whitelighter
Well-Known Member
How is it unfair. If you attend and auction it doesn't end at a certain time, the auction continues until the last bid has been made and the auctioneer is satisfied there are no other bids.
The auction house is working for the seller to get the best price.
Yahoo auctions used to do the same which was far better than eBay. eBay benefit the buyer, which has always felt a bit odd as its the seller who pays the fees.
jfm
Well-Known Member
Ditto Ben. I remember an importer tried to market them in UK in late 70s but got nowhere. I've been on one but my memory is failing me and I can't remember where. It was either in Ukraine about 1990, or NEC boatshow in about 1978, or both
PaulGooch
Well-Known Member
I agree. Ebay is the only auction site i've used that doesn't operate some sort of x minute rule. No doubt there are others, but i haven't used them and i've bought zillions of things at auction.
burgundyben
Well-Known Member
Ditto Ben. I remember an importer tried to market them in UK in late 70s but got nowhere. I've been on one but my memory is failing me and I can't remember where. It was either in Ukraine about 1990, or NEC boatshow in about 1978, or both
I grew up in a house on Southampton water and spent my childhood looking out of the bedroom window at Shearwater 1 to 5 running along, they were fascinating to me, I wonder how one of the Volga's would cope with the steep Solent chop, last one I saw was in Lymington, bit scuffy and 30k.
Grajan
Well-Known Member
Ah! you should have met the man who owned this assortment definately one of life's characters as large as life and always ready to do a deal .a genuine lovable rascal related to royalty (Bose Lyons) always pleading poverty but always had a pound in his pocket.
Passed away this year after falling in the oggin and was buried on the island of Bute after a champagne funeral!
Rex R.I.P.
Passed away this year after falling in the oggin and was buried on the island of Bute after a champagne funeral!
Rex R.I.P.
RobWales
Well-Known Member
Hands up here...I stand corrected!
I have been too used to purchasing things via fleebay and the way that site works...
You are of course correct in what you say regarding auctions in general...
However maybe 10 mins gives a lot of time to consider your next move and (perhaps) removes the impulsiveness side of things?
In a real auction for instance as it goes down to the wire you have the "going once,twice etc" and then OK a final bid...but proceedings are not held up for an obligatory 10 mins...
Anyway...you were right and I was wrong to say unfair
oldgit
Well-Known Member
D
Deleted User YDKXO
Guest
I've bought some industrial equipment through Sweeney Kincaid and other auction houses. Just be aware that there is normally a buyers premium and VAT added to every winning bid so you have to reckon on another 30% or so on top of what you think you've bought the goods for. As for the 10 minute rule, it does encourage some buyers to go bid crazy and pay way over the odds so my personal rule is to set a limit and stick to it however badly you want something
LittleShip
Well-Known Member
Grand Banks Alaskan £2500 (Ok reserve not met) good job Little Ship isn't yet sold
Tom
Tom
longjohnsilver
Well-Known Member
Grand Banks Alaskan £2500 (Ok reserve not met) good job Little Ship isn't yet sold
Tom
Yeah I saw that and thought of you, you'd have to change yr name to bigship!
And be sponsored by a major paint company.............
Whitelighter
Well-Known Member
Hands up here...I stand corrected!
I have been too used to purchasing things via fleebay and the way that site works...
You are of course correct in what you say regarding auctions in general...
However maybe 10 mins gives a lot of time to consider your next move and (perhaps) removes the impulsiveness side of things?
In a real auction for instance as it goes down to the wire you have the "going once,twice etc" and then OK a final bid...but proceedings are not held up for an obligatory 10 mins...
Anyway...you were right and I was wrong to say unfair
Ok, yes I think 10 minute add on us extreme.
I think yahoo used to add 1 minute or 5 minutes depending on the value/catagory of the auction
burgundyben
Well-Known Member
£7400 for the volga, cheap enough fun.
£5200 for the MFV that should have been burnt! Suspect that was mostly for the 8 lung Gardner.
LittleShip
Well-Known Member
Yeah I saw that and thought of you, you'd have to change yr name to bigship!
Oh Dear.....
http://www.sweeney-kincaid.com/Sale...=A&DisplayModal=True&index=4&manual=1&auto=0#
I was on this last year..... worth every penny but hey ho,
Tom
