#1 Serial number Charity Auction (Ended Dec. 15)

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Re: #1 Serial number Charity Auction

Post by scooter » Mon Dec 08, 2014 6:35 pm

atnits wrote:I'm tempted to bid for the c5 aviator :thumbup: Even though I already own one :oops: Is that crazy? It's not, is it
Not at all but I would caution you not to open the door to the men in white coats who are coming up your path.

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Re: #1 Serial number Charity Auction

Post by Kip » Mon Dec 08, 2014 8:38 pm

I think it is wonderful that all pieces have met or exceeded the reserves during the first day. :thumbup:
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Re: #1 Serial number Charity Auction

Post by Tyke » Mon Dec 08, 2014 9:14 pm

Would have loved the C80 but the price is already too high for me even for charity, hope it and the rest make a lot more for a worthwhile cause! Good on CWL :thumbup: a nice gesture in an increasingly commercial world.

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Re: #1 Serial number Charity Auction

Post by akirk » Mon Dec 08, 2014 9:26 pm

Gradie wrote:I suspect the charity and CWL would like the auction run fairly and legally, which I'm not entirely sure tactics to increase activity and drive higher prices are.
scooter wrote:An excellent point Gradie.

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really?
perhaps when you can think through what you mean by fairly and legally - and how a valid bid of any type doesn't fit with that then it would be fascinating to know...

I am out of this auction - no doubt if I won any of them I would be accused of having somehow hacked into the system, reverse-engineered it and made my bid win - the absurdity of some of these comments is ridiculous - not worth taking part, shame that it might well mean the charity doing worse...

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Re: #1 Serial number Charity Auction

Post by Cirrus » Mon Dec 08, 2014 9:51 pm

Reserves are one thing, starting bids another thing entirely... you bid what you are happy to pay, and if the auction closes at a price below the reserve it is up to the seller to decide if they wish to sell at that price or not. Probably not in this instance, but there is nothing to stop a person bidding below the reserve if it is known.

I am somewhat perplexed that people can be of the opinion that normal auction practices are somehow and suddenly not cricket.
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Re: #1 Serial number Charity Auction

Post by Tyke » Mon Dec 08, 2014 10:19 pm

The only auction no-no would be shill bidding, and I don't think for a minute CWL would indulge in that kind of sharp practise. Beyond that, anything that gets the maximum value is fair game, so I'm with akirk on this one, it's a shame people are second guessing others motives on what is a charity auction.

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Re: #1 Serial number Charity Auction

Post by Gradie » Mon Dec 08, 2014 11:31 pm

I don't see any problem with bidding what you want, but akirk specifically referred to 'seeding bids' in order to 'increase activity' which is clearly dodgy and not something I'd suggest being so open about.

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Re: #1 Serial number Charity Auction

Post by scooter » Mon Dec 08, 2014 11:41 pm

I asked a perfectly reasonable question as to what was the point in bidding under the reserve price to which I received an ambiguous response accompanied by one of those witless smilies.

I then asked for a simple yes or no response to :

"Am I right by saying that if the bidding doesn't reach £400 then the watch will not go to the highest bidder below £400?"

to which I received a highly convoluted reply.

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Re: #1 Serial number Charity Auction

Post by scooter » Tue Dec 09, 2014 8:57 am

C4 Peregrine £450 (reserve £350)
C5 BoB £365 (£350)
C1 Russell £405 (£400)
C60 Trident £500 (£450)
C8 Pilot Blackhawk £600 (£400)
C70 GP GB £650 (£650)
C5 Malvern Aviator £350 (£250)
C7 Rapide BRG £425 (£250)
C80 Sector £600 (£350)
C3 Malvern Chrono £350 (£200)

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Re: #1 Serial number Charity Auction

Post by ddav » Tue Dec 09, 2014 9:07 am

Good to see the target almost reach and sure to be exceeded. :thumbup:
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Re: #1 Serial number Charity Auction

Post by scooter » Tue Dec 09, 2014 9:56 pm

What brilliant news!

With 5 days and 20 hours still to go CW have already exceeded their £5000 target with a cool £5035.

C4 Peregrine £575 (reserve £350)
C5 BoB £375 (£350)
C1 Russell £500 (£400)
C60 Trident £500 (£450)
C8 Pilot Blackhawk £625 (£400)
C70 GP GB £650 (£650)
C5 Malvern Aviator £350 (£250)
C7 Rapide BRG £450 (£250)
C80 Sector £650 (£350)
C3 Malvern Chrono £360 (£200)

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Re: #1 Serial number Charity Auction

Post by Gradie » Tue Dec 09, 2014 10:04 pm

That's fantastic news! Interesting to see how the bids are evolving

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Re: #1 Serial number Charity Auction

Post by jerryuk » Wed Dec 10, 2014 1:21 am

scooter wrote:I asked a perfectly reasonable question as to what was the point in bidding under the reserve price to which I received an ambiguous response accompanied by one of those witless smilies.

I then asked for a simple yes or no response to :

"Am I right by saying that if the bidding doesn't reach £400 then the watch will not go to the highest bidder below £400?"

to which I received a highly convoluted reply.

scooter
I think that's unfair Scooter. You did actually ask a yes/no question initially (which Alastair later elaborated on) and I think he answered your follow-up question as best he could, which was basically "I don't know, that's up to CW". He was never in a position to give you a straight yes or no on that one.

My take is that usually no sale takes place unless the reserve is met but this is up to the seller. As for seeding bids, I think they are pointless in this auction format because the reserve is public and in my brief look earlier I saw no indication of number of bids, thus there is no indication of bidding activity. So in this respect I would say Alastair's heart was in the right place but on this occasion it's wasted effort.

Anyway, some lovely pieces on offer, auction has (not surprisingly) already exceeded its charity target, and all in day one. What's not to like?
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Re: #1 Serial number Charity Auction

Post by Kip » Wed Dec 10, 2014 10:45 pm

It is great to see that the target has been achieve already and that all reserves have been met. I wonder how high they will go.
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Re: #1 Serial number Charity Auction

Post by welshlad » Fri Dec 12, 2014 12:19 am

I see that the C80 Sector is now up to £1000. Impressive!

And a sure fire indication to CWL that it should be re-introduced! :thumbup:
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