[vcf-midatlantic] Signed Apple ][

[william degnan]

On Wed, Jun 15, 2016 at 1:11 PM, Dave McGuire via vcf-midatlantic <
vcf-midatlantic at lists.vintagecomputerfederation.org> wrote:

>
>   There's definitely something funny going on, yes.
>
>            -Dave
>
> On 06/15/2016 01:09 PM, Alan Hightower via vcf-midatlantic wrote:
> >
> >
> > Not contesting the rule, but it seems odd. The $4K value is a reflection
> > of the next highest bidders high bid. The bid that was retracted was for
> > an amount just over or substantially over $4K. With it retracted, don't
> > we now know what the second highest bidder's maximum bid currently is /
> > always has been (eg $4K)? This seems a bit unfair to the new high bidder
> > (previously second). The current $1340 price is actually determined by
> > the next-next highest bidder (3rd in line over all) and not the current
> > high bid holder.
> >
> > It's an odd (and seemingly unfair) rule.
> >
> > -Alan
> >
> > On 2016-06-15 11:35, Dave McGuire via vcf-midatlantic wrote:
> >
> >> Sellers do not have to approve bid retractions.
> >>
> >> -Dave
> >
> >
>
>
> --
> Dave McGuire, AK4HZ
> New Kensington, PA
>


Could have been two people who both retracted their bids.  But it's not an
unfair rule, it's actually brillant. You always get the 2nd highest bid.
The guy (forget?) won a Nobel prize in economics for inventing this form of
auctioning.

-- 
@ BillDeg:
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