SOLD Dutch auction various chips (1 Viewer)

[MrWitti]

Next step down
Item 2 Flv25 new price 75 USD
Item 3 Flv25 new price 75 USD
Item 4 casa 5$ new price 300 USD
Item 6 aztar 25$ new price 275 USD
Item 8 Aruba C 25$ new price 150 USD

Sorry if term causing confusion, took it from wikipedia

https://en.m.wikipedia.org/wiki/Dutch_auction

 

[pltrgyst]

That is NOT a Dutch Auction....

No?

'A Dutch auction is one of several similar kinds of auctions. Most commonly, it means an auction in which the auctioneer begins with a high asking price, and lowers it until some participant accepts the price, or it reaches a predetermined reserve price. "

 

[liftapint]

Stupid *#^}^]*}^%}^#*+^ meetings. I can’t believe I missed out on the Aztar fracs (and $1).

 

[crussader]

The price in a Dutch Auction is set after taking in all bids to determine the highest price...in this case, there was an offering price and sold at that price...period..

Looks like you got that from Investopedia. If so go back and look at the second paragraph.

or look here..

https://en.wikipedia.org/wiki/Dutch_auction

 

[BGinGA]

Just refer to it as a witty swiss auction and call it a day.

 

[MrWitti]

Remaining items cancelled. Thanks all, was fun but also kinda tough to keep track of all posts, bids and pm's.
Electronic device awesome, pen and paper -> priceless
@kk405 sorry for any confusion caused, but needed a fast way to fund a purchase

 

[MrWitti]

Sum up:

Rack Mark Twain 5$ @pltrgyst 300 USD
Casino Aztar 1$ @flipupchipup 350 USD
Casino Aztar 0.50 @flipupchipup 400 USD

Hope I have it correct

 

[bentax1978]

Stupid *#^}^]*}^%}^#*+^ meetings. I can’t believe I missed out on the Aztar fracs (and $1).

You probably only had about a 10 second window. I missed it by seconds as well

 

[BGinGA]

Casino Aztar 1$ @flipupchipup 350 USD

^ steal of the day

 

[kk405]

You probably only had about a 10 second window. I missed it by seconds as well

I missed it by 20 minutes...but all the same

 

[FriendlyDonkey]

We need more Swiss auctions around here. That was exciting.

 

[kk405]

^ steal of the day

Yup...I expected the 'auction' to yield multiple bids...an awesome pickup!

 

[kk405]

Looks like you got that from Investopedia. If so go back and look at the second paragraph.

or look here..

https://en.wikipedia.org/wiki/Dutch_auction

I remember it from Google's IPO

 

[MrWitti]

Some things went really quick and probably would have potential to achieve higher prices. Set the price where I still felt comfortable compared to what I paid for them.
I am sure the new owners will honor them much more and am sure they found a better home.
Sorry for all that missed some desired chips

 

[Darthhoodie]

Some things went really quick and probably would have potential to achieve higher prices. Set the price where I still felt comfortable compared to what I paid for them.
I am sure the new owners will honor them much more and am sure they found a better home.
Sorry for all that missed some desired chips

@MrWitti no need to apologize when you are releasing such sweet ass chips into the community, especially at such reasonable prices.

 

[pltrgyst]

You probably only had about a 10 second window. I missed it by seconds as well

Me too. And I was already on the page...

(And to make you feel even worse, Mel, I was going to offer them to you. 8;( )

 

[MrWitti]

I was a "buyer only" for years. Currently empting parents house as my father passed away. Seeing what collected dust there over the years was eye opening and I have the courage now to also release things that others can use better. Still not cured from collectors bug but a start

 

[TheBigTater]

That exactly what I expected from a Dutch auction. We've had them on the boards before.

https://www.pokerchipforum.com/thre...-auction-paulson-poker-palace-cash-set.14644/
https://www.pokerchipforum.com/thre...uction-paulson-outpost-casino-cash-set.15420/
https://www.pokerchipforum.com/threads/dutch-auction-this-tournament-set-needs-to-go.20506/

 

[pltrgyst]

Would’ve liked all of the Aztars to relabel

We catch you relabeling Aztar Mo. $1s and "The Ocean State" isn't going to be big enough for you to hide in...

 

[Thomacetti]

Me too. And I was already on the page...

(And to make you feel even worse, Mel, I was going to offer them to you. 8;( )

Same
I failed... sorry Mel

 

[Thomacetti]

We catch you relabeling Aztar Mo. $1s and "The Ocean State" isn't going to be big enough for you to hide in...

How about mint hundo’s

 

[pltrgyst]

....The price in a Dutch Auction is set after taking in all bids to determine the highest price....

Isn't that called a "blind auction"?

 

[liftapint]

(And to make you feel even worse, Mel, I was going to offer them to you. 8;( )

Same

Thanks you guys!!! It takes a village to build a grail set!! Maybe next time....

 

[guyfleegman]

Casa $5’s pkease