Guessing from the pic there's around 40 daggers, if that's all of them. That's enough, right? RIGHT???
Nice work and thanks for digging that up. That looks like it took quite well.
Nathan, this is an exceptional idea. Please consider it.
Please, no more lotteries
They will start to finish up in a month or two and I will post them up for sale here on the forum.
How about a Vickery auction?
Maybe? I generally dislike private bids. Also wouldn’t that have an issue with more than one item?
Hope everyone who wants a 4 inch Dagger gets one
I’ve been saving for a DEK1 but would rather own a CPK BD!
I’ve been saving for a DEK1 but would rather own a CPK BD!
Yeah, I concur. I would greatly prefer this, especially with a very limited production item. Limit of 1 per person and all of them (or 40 if there are more than that), vs 10 at a time.I would rather one sale for all available. If there are 40, then the first 40 posts each get a dagger. I’d be okay waiting a month or two after paying.
I doubt it.Hope everyone who wants a 4 inch Dagger gets one
Nope.
For example, let’s say there are 10 examples on a Friday. Same as usual, except rather than first past the post, people could have a set amount of time to reply, whatever seems reasonable. The reply can indicate an email was sent to Jo with a private bid.
The 11th highest bidder sets the price for the 10 winners.
So if the 11 highest bidders are:
#1 - $800
#2 - $750
#3 - $750
#4 - $725
#5 - $700
#6 - $700
#7 - $675
#8 - $675
#9 - $650
#10 - $650
#11 - $625 ← The top 10 each pay $625
Your bid represents the maximum amount you are willing to pay, but the actual sale price is determined by the other participants. In the example above, even though #1 bid $800, they only paid $625. This is the market price: the price at which there are enough buyers willing to pay for the item.
Someone could just bid very high like say $1500 to guarantee a spot. But with enough interest this will backfire as they could end up paying way more than they really wanted. Because if enough people Did that, the 11th bid would be super high, so people are disincentivized to overbid.
Just a thought. I’m not telling anyone how to run the sale.
A little clarity on this part, please?This hard problem exists no matter what system you use. Lotteries are already filled with folks who enter everything they can.