Replies to This Discussion

Permalink Reply by wascher on April 27, 2014 at 11:53pm

Yes

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Permalink Reply by Brian on April 28, 2014 at 1:44pm

+2. Roger Epperson works with RR. I've bid on a few of their items (but never won). They've sent me catalogs for some of their music related auctions. I love flipping through them, even after the auction has ended. They list a lot of cool & varied stuff. 

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Permalink Reply by Mark Roberts on April 29, 2014 at 11:02am

+3

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Permalink Reply by Steve Viola on April 29, 2014 at 12:55pm

Yes but costly.  Everything starts at $100 even if they are celebs who are still around & usually good signers.  In the old R&R days they started items at various prices which to me, is a fairer way to run an auction.  If you are into music pieces though, they are the best to deal with since Roger autenticates for them.

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Permalink Reply by Brian on April 29, 2014 at 5:35pm

I've noticed that, too. But, I really like how they run the auctions - the whole 30 minute rule thing. Bidding online in real time with streamed video on a crummy computer makes it real easy to not get a bid in before the gavel. I love being able to bid early & low, then the night the auction ends being able to track the few items I want. AND to have 30 minutes to contemplate an additional bid? I dig it.

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Permalink Reply by Brian on April 30, 2014 at 4:45am

For me, a traditional auction is definitely more exciting and I'm not saying there's anything wrong with those. But, if the only motivation for extended bidding is to fluff the closing price, I would think that is also just as likely to backfire. They're taking away the most exciting part of the auction. The part when people might bid impulsively. For every person that benefits from extra time to submit a bid, I wonder if there is a person that uses those 30 minutes to talk themselves out of submitting another bid - when if they only had 10 seconds to decide, they would've bid.

(Just my theory and its only based on me being the guy talking himself out of getting in a bidding war. To each their own.) They list a lot of unique stuff and I trust them. I'll bid on their stuff anyway they want. 

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Permalink Reply by Daniel on April 30, 2014 at 10:32am

Thanks for all the replies, I like what they have but yes they are expensive and the 30 minute rule is rough as things get expensive fast especially after adding the 22.5 percent premium. 

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Permalink Reply by Taylor Williams on April 30, 2014 at 11:08am

I wish everyone who uses the 15 or 30 minute "extended bidding" rule would use it on a per item basis. Leaving all of the items open until no one has placed a bid on any item makes for a very long evening if there is something that you absolutely have to have. Some auction houses close down a lot as soon as no bids have been placed for 15 minutes. If you are looking at several things at once, it is also easier not to get in over your budget.

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Permalink Reply by michelle on April 30, 2014 at 11:15am

It is an even longer evening if you are not on USA time when the 'extended' bidding goes into action.

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Permalink Reply by Sandra Rose on May 1, 2014 at 6:29pm

I'm not a fan of the extended bidding process either. I like that Juliens Auction uses live auctioneers. I also like being able to bid in real time while watching the live action from the comfort of my living room. =)

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Permalink Reply by Xwiesy on May 4, 2014 at 12:08pm

I'm not sure I understand extended bidding. I saw a Zeppelin album on ebay for months, it gets pulled, shows up on an auction...it gets to about 3 grand...enters extended bidding...and then ends up on ebay again by the same selller with a $5000 price tag.

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Permalink Reply by Xwiesy on May 4, 2014 at 2:39pm

William- no the items were initially on ebay, pulled, they showed up on an auction site, they were bid on for a week or so... then the auction went into this extended bidding th ing...when that ended they were up on ebay again by the same seller who had them there initially.
A reserve makes sense.

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