New MB uke up for auction on the Ukulele site just sold for $12,000. Bid went from about $6,500 to $12,000 in just about one minute at the end. Way to go Chuck!.... and congrats to the new owner!
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There were only 2 bidders in the end. One bidder would up the bid by the minimum $50 while the bidder who "won" made some major leaps in the bid. Like you, I am concerned about that leap in the bidding and the fact that the auction site now lists the winner as "none."I wasn't around to watch this one, but the comment that it jumped at the last minute from $6500 to $12K, and seeing that the winner is listed as "None", compels me to ask if this was another sabatoged auction? I hope not.
ETA: Or maybe I just misread the comment, and it had a bunch of bids at the last minute that ran the price up that high? If so, that would have been a fun action to watch.
So, how do these auctions on the Ukulele site work? Do they split the sale 50/50 with the builder? Do they "buy" it from the builder at normal price and then run the auctions as a different way to sell higher demand items?
Does any of the "additional" cost go to charity?
The 100th Anniversary one also went for a huge "markup"
Wow, the ability to ask a question here on UU has totally gone downhill!
Holy smokes!
Since these auctions are brought up here frequently, and occasionally quasi advertised by well-meaning members, I see nothing wrong with Zapp asking about how they work. Perfectly normal question.
True. I mean, I agree that it's probably not the kind of question businesses are likely to answer in public, for all sorts of reasons, and I don't feel we need to know either, but I understand where the question came from. At some point I had wondered if they were charity auctions (or had a charity component), and Andrew talked some about that when the Kamaka auction was up (how the owner intended to split the amount with the inlay artist etc). I thought that was insightful. I like how Andrew does business.
again why don't you ask them directly?
Kinda Weak Huh?I don't know if it deserves a response, you use the words rude and perceive, who mentioned an auction for charity, (perceived), you had it right the first time, DARN (RUDE) .. LOL creative tho, AldenteI guess its so hard to understand that someone might ask because they are more inclined to support an auction for a charity or knowing what it is all about.
Of course I dont think the builder or seller needs any minions to come to the rescue of their business matters.
Perhaps the word rude is being confused with righteous when others perceive another persons privacy being questioned.
Too funny. I need to get the hell off this site for a bit and play my ukulele.
~aldente~