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The place for discussing 1930-1985 Heuer wristwatches, chronographs and dash-mounted timepieces. Online since May 2003.
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The Informal Auctions Thread

I thought i would take the opportunity to create a new thread where people could place their own thoughts on the concept of the informal auctions that have been recently discussed.

Here are my own thoughts :

- i believe the forum administrators ( Jeff &/or Mark ) should approve / give permission to those watches chosen to be worthy of this special treatment ( this prevents the more common models from being offered up )

- once approved a clearly defined set of terms should cover the auuction, these should include -
( minimum bid , length of auction , if applicable a buy it now price that stops the auction, it should also have the obvious extra relative information such as payment requirements and delivery terms/costs )

With these details in place a fair auction SHOULD be possible.
There is room for an unethical seller to "ghost" shill bids and all potential bidders should be aware of this when placing their own offer values. It can take a lot of strength of charactor to stick to your own limits when participating in an auction, hopefully our forum members are upto the task.

As i stated, these are my own thoughts on the topic, it would be good for others to chip in with their ideas too.

- Darren

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