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Sales, Swaps, Auction & Approvals/Auction Disc. : Using inactive status to have lots close simultaneously

 

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daveanddeb

http://www.americancollectiblesmuseum.org

26 Dec 2012
04:48:38pm
What does inactive status mean on an auction lot? Does it mean that the clock on the lot...7 days...etc., doesn't start ticking until it becomes active ...or does ie mean something else?

Thanks,

Dave
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"Author: The Standard Catalog of Russian and Ukrainian Local Stamps (1992-1995)"

info@americancollectiblesmuseum.org
michael78651
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26 Dec 2012
05:02:30pm
re: Using inactive status to have lots close simultaneously

Dave, that's correct. You can post a bunch of lots and wait until you're ready. There is an activate command that you use from the Sellers options. Some people want to start their auction lots all at the same time. That is what this function is for rather than automatically activating each lot as it is posted.

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www.hipstamp.com/store/the-online-stamp-shop
cdj1122
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..

29 Dec 2012
05:21:01pm
re: Using inactive status to have lots close simultaneously

While it might be thought of as a good idea to have all of a long series or lots close at one time there is a potential down side.
There have been times when I saw two or three moderately expensive lots from the same seller and didn't want to take the chance that I might win all of them so I bid on the best one and if I lost it or the price exceeded my limits by a lot, I'd shift to putting a bid on a second or third choice.
If the lots ALL closed at one time, once I made the decision to abort, the second or third choice might be closed and the funds unspent on that first choice can not be redirected to the second or third choice.
Now finding something else to spend money on is not that hard, but if dealer "A's" 50 or 100 lots all closed at once, the hole in my pocket might lead to a lot offered by dealer "B".
So if I were listing numerous lots and wanted the convenience of organizing my invoice mailings around one time, I'd stagger the lots to be in groups at least a few minutes apart.

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Author/Postings
daveanddeb

http://www.americancollectiblesmuseum.org

26 Dec 2012
04:48:38pm

What does inactive status mean on an auction lot? Does it mean that the clock on the lot...7 days...etc., doesn't start ticking until it becomes active ...or does ie mean something else?

Thanks,

Dave

Like
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this post

"Author: The Standard Catalog of Russian and Ukrainian Local Stamps (1992-1995)"

info@americancollect ...
Members Picture
michael78651

26 Dec 2012
05:02:30pm

re: Using inactive status to have lots close simultaneously

Dave, that's correct. You can post a bunch of lots and wait until you're ready. There is an activate command that you use from the Sellers options. Some people want to start their auction lots all at the same time. That is what this function is for rather than automatically activating each lot as it is posted.

Like
Login to Like
this post

www.hipstamp.com/sto ...

Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
29 Dec 2012
05:21:01pm

re: Using inactive status to have lots close simultaneously

While it might be thought of as a good idea to have all of a long series or lots close at one time there is a potential down side.
There have been times when I saw two or three moderately expensive lots from the same seller and didn't want to take the chance that I might win all of them so I bid on the best one and if I lost it or the price exceeded my limits by a lot, I'd shift to putting a bid on a second or third choice.
If the lots ALL closed at one time, once I made the decision to abort, the second or third choice might be closed and the funds unspent on that first choice can not be redirected to the second or third choice.
Now finding something else to spend money on is not that hard, but if dealer "A's" 50 or 100 lots all closed at once, the hole in my pocket might lead to a lot offered by dealer "B".
So if I were listing numerous lots and wanted the convenience of organizing my invoice mailings around one time, I'd stagger the lots to be in groups at least a few minutes apart.

Like 
1 Member
likes this post.
Login to Like.

".... You may think you understood what you thought I said, but I'm not sure you realize that what you think you heard is not what I thought I meant. .... "
        

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