Message:

<p>[QUOTE=&quot;greekandromancoins, post: 2772061, member: 87990&quot;]If there were genuine technical issues, then an auction restart would have been fairest to all involved - or perhaps a short extension of a few hours.</p><p><br /></p><p>The only one who benefits from extending an auction, in which the auction participants could not have anticipated such extension, is the dealer running the auction. The dealer gets the benefit of a competitive bid process driving prices to their respective &#039;final&#039; values, the sum of which is revenue to the Dealer.&nbsp; But the Dealer now gets to improve on those final values by extending the close date and thus its revenue.</p><p><br /></p><p>The only way revenue can go, is up, not down, when there is an extension post the auction close, and bidders cannot retract their bids.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in