1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Greetings Guest!!

    In order to combat SPAM on the forums, all users are required to have a minimum of 2 posts before they can submit links in any post or thread.

    Dismiss Notice
  3. Greetings Guest, Having Login Issues? Check this thread!
    Dismiss Notice
  4. Hail Guest!,
    Please take a moment to read this post reminding you all of the importance of Account Security.
    Dismiss Notice
  5. Author Wes Locher has teamed up with Stratics for a giveaway of his new book Braving Britannia. This book explores the history and impact of Ultima Online and includes interviews from current and past dev team members as well as many UO and Stratics community members. Click here for more details!
    Dismiss Notice

[Discussion] Silent Auction rules question/suggestion

Discussion in 'UO Rares Collector' started by Merus, Jun 9, 2013.

  1. Merus

    Merus Crazed Zealot
    Stratics Veteran CasteoftheForgotten

    Aug 10, 2010
    Likes Received:
    OK, first let me say that I realize the term "rules" here is pretty loose. Every host has the right to set the auction rules however they see fit.

    With that in mind I wanted to throw out a question/suggestion for those auctions with the 10 minute rule for bids.

    While our guild had several folks biding on items at the rares fest last night I noticed several "new" bidders after the official auction time had ended but before the 10 minutes had expired from the last bid. It would go something like... Person A and Person B were both bidding on the item before the auction time ended. They continued to up the bid once the auction time had ended, but within 10 minutes of each other. When Person A or B finally bowed out, the other person assumes they have won the auction. Low and behold, Person C (who has not placed a single bid on the item) jumps in at the end and raises the bid.

    Now I will say this was the first time I have paid much attention to a silent auction, so maybe this is just an accepted practice. However, it seems to me that unless the person has been actively bidding on an item, they should not be able to start bidding after the official auction time has ended.

    What say you all?
    #1 Merus, Jun 9, 2013
    Last edited: Jun 9, 2013
  2. Smoot

    Smoot Grand Poobah
    Stratics Veteran

    Nov 17, 2009
    Likes Received:
    I am assuming its accepted, but is very frustrating. i lost the only item i really wanted to such a bidder. personally i would prefer that only bidders that had bid before closing time be allowed the 10min rule extension, but thats just my personal preference. my reasoning is that as auction time passes in a large silent auction people who have "been beat" out of an auction item then can go look around for things that have been extended, and have all that left over gold burning a hole in their pocket. Now i know this is good for higher prices, but bad for bidders lol (especially ones with limited gold) Its been standard practice in most stratics auctions and silent auctions with the 10min and is just one of those chaotic things you have to deal with at auctions.
    But like you said, its always up to the auctioneer who devotes massive amounts of time and effort to providing an auction in the first place.