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<p>[QUOTE="SteveCaruso, post: 1472874, member: 37497"]An auction is, by default, a competitive cut-throat winner-takes all solution to selling an item. There are at least four players: The seller, who wants the highest price, the auctioneer who wants the highest commission and to move things along, and at least two buyers who want the lowest high-price that the other guy isn't willing to bid. It's not a work-together ordeal. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>What you would be more interested in is some kind of numismatic buying co-op, where people who opt in can pool their financial resources to buy coins at lower prices by striking a deal at "bulk."</p><p><br /></p><p>It may be unheard of (at least in the coin collecting world) but it's not un-doable. It's just not an auction. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="SteveCaruso, post: 1472874, member: 37497"]An auction is, by default, a competitive cut-throat winner-takes all solution to selling an item. There are at least four players: The seller, who wants the highest price, the auctioneer who wants the highest commission and to move things along, and at least two buyers who want the lowest high-price that the other guy isn't willing to bid. It's not a work-together ordeal. :-) What you would be more interested in is some kind of numismatic buying co-op, where people who opt in can pool their financial resources to buy coins at lower prices by striking a deal at "bulk." It may be unheard of (at least in the coin collecting world) but it's not un-doable. It's just not an auction. :-)[/QUOTE]
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Auctions are a double edged sword.
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