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Nomos - 9 July
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<p>[QUOTE="TIF, post: 2793515, member: 56859"]I much prefer auction houses to <b>not</b> display bidder names so that's my one complaint about CNG's auctions. It just adds unnecessary complexity to bid planning <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />. It seems like it would be better for the auction house (and consignor) for the bidder names to be kept private. Perhaps I'm wrong, but I suspect that more often people <i>refrain</i> from bidding because of knowing the current high bidder (whether because they like the person or because they think they can't outbid the person). If this is true then the auction house and consignor might have made more profit if the bidder names were not displayed. I guess the opposite could be true though-- that another bidder might see the name of someone they don't like and bid more. The second scenario seems less likely though.</p><p><br /></p><p>For the few auction houses who display bidder names, if there is a coin I'm serious about and if I think I know the current high bidder, I do contact the bidder to discuss their level of interest.</p><p><br /></p><p>With rare exceptions, I bid in the last seconds on timed-closure auctions or when the auction is live, so the above scenario doesn't apply in reverse to my bids. My bidder name changes frequently so you aren't going to know I was the winner until I post it here or on my website, or unless we have spoken privately about the lot.[/QUOTE]</p><p><br /></p>
[QUOTE="TIF, post: 2793515, member: 56859"]I much prefer auction houses to [B]not[/B] display bidder names so that's my one complaint about CNG's auctions. It just adds unnecessary complexity to bid planning :(. It seems like it would be better for the auction house (and consignor) for the bidder names to be kept private. Perhaps I'm wrong, but I suspect that more often people [I]refrain[/I] from bidding because of knowing the current high bidder (whether because they like the person or because they think they can't outbid the person). If this is true then the auction house and consignor might have made more profit if the bidder names were not displayed. I guess the opposite could be true though-- that another bidder might see the name of someone they don't like and bid more. The second scenario seems less likely though. For the few auction houses who display bidder names, if there is a coin I'm serious about and if I think I know the current high bidder, I do contact the bidder to discuss their level of interest. With rare exceptions, I bid in the last seconds on timed-closure auctions or when the auction is live, so the above scenario doesn't apply in reverse to my bids. My bidder name changes frequently so you aren't going to know I was the winner until I post it here or on my website, or unless we have spoken privately about the lot.[/QUOTE]
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