Go Back   CMP Forums > CMP Sales > Auction
Register FAQ Members List Calendar Mark Forums Read

Reply
 
Thread Tools Display Modes
  #1  
Old 08-15-2010, 05:18 PM
steelap steelap is offline
 
Join Date: Oct 2009
Location: North AL
Posts: 5,780
Default 10 minute rule on Auctions Gone?

Previously the CMP Auctions followed the 10 minute rule (similar to Gunbroker) versus the end at a specific time rule (like ebay). This is explained in the "help: bidding" FAQs as well.

However, it now seems that the CMP Auction site is closing auctions at exactly "3:00:00 PM", even if there was a bid less than 10 minutes before that time.

Examples from the last set of items are

IP SG Carbine, last bid at 2:59:31, closed at 3:00:00;

M1A1 Carbine SG SN 5332070, last bid 2:53:57, closed at 3:00:00;

M1903A3 Remington Rifle, last bid 2:52:15, closed at 3:00:00 (man, there was a bidding war going on on that one!);

USAF Premium Grd NM M-1 Garand SN- 5837259, last bid 2:56:41, closed at 3:00:00.

Is this a function of the problems with the old software, or was this a reasoned decision by the CMP? If it is meant to work this way (like ebay), I'll have to re-look how I monitor and bid on auctions. I hope the CMP auctions don't end up with the continual sniping to which ebay has degenerated.

Thanks, Brian. I know you're very busy right now (and always!).

"Life is Good!"

alexander
Reply With Quote
  #2  
Old 08-15-2010, 06:42 PM
meplat meplat is offline
 
Join Date: Jan 2010
Location: Prescott, AZ
Posts: 3,871
Default

I think to extend the time, the "new" bid has to be a "successful bid", i.e. it needs to upset the current winner, and not just raise the stake. So there is some advantage to using the proxy bid rather than the persistent nibbling which seems so pervasive if you want to win. It worked for me. But I could be wrong.



I see what you mean here with the NM Garand:

http://auction.odcmp.com/auctions/bi...sp?itemid=2263

So yes, some clarification of the Rule would be much appreciated by me too

Last edited by meplat; 08-15-2010 at 08:10 PM.
Reply With Quote
  #3  
Old 08-15-2010, 06:47 PM
steelap steelap is offline
 
Join Date: Oct 2009
Location: North AL
Posts: 5,780
Default

Quote:
Originally Posted by meplat View Post
I think to extend the time, the "new" bid has to be a "successful bid", i.e. it needs to upset the current winner, and not just raise the stake. So there is some advantage to using the proxy bid rather than the persistent nibbling which seems so pervasive if you want to win. It worked for me. But I could be wrong.
I could understand that. But in at least two of the examples, the winning bid was a new bid, not an automatic or proxy bid.

An proxy bid can be identified as having tw bids with the same time stamp - a new bid and the following proxy bid. Look at a couple of the auction bid histories and you'll see what I mean.

"Life is Good!"
Reply With Quote
  #4  
Old 08-15-2010, 07:17 PM
meplat meplat is offline
 
Join Date: Jan 2010
Location: Prescott, AZ
Posts: 3,871
Default

I just looked at the Remington auction here:

http://auction.odcmp.com/auctions/bi...sp?itemid=2260

Rifle was won by CMPUser7582's proxy bid (at least $3350) which beat out the late bid by CMPUser7637 of $3300.

edit: see post #2

Last edited by meplat; 08-15-2010 at 08:11 PM. Reason: correction
Reply With Quote
  #5  
Old 08-15-2010, 07:38 PM
jimmyzwei jimmyzwei is offline
 
Join Date: Oct 2009
Location: Iowa
Posts: 1,571
Default thought i was the only one going crazy

I noticed this also about 2 weeks after the auction started again.

I pm Brian and reported it. he said he'd look into it.

I lost on an Item I was biding on - had the high bid for 20 minutes - person i bid over hit the site in the last 20 seconds and won. I would have bid higher - at the time the proxcy was questionable whether it worked or not

Decided not to formally persue it , but I noticed it again tonight.

I thought anytime anyone bid in the last 15 minutes it reset the clock, period.

Would be nice if the rules were clearer - if time is not extended I 'm sure someone will set of a sniping program.
Reply With Quote
  #6  
Old 08-15-2010, 07:55 PM
RVN 69-70 RVN 69-70 is offline
 
Join Date: Oct 2009
Location: Northern Virginiastan post-election
Posts: 1,950
Default Bidding

Reviewing the Remington, I suspect the following:

7582 bid who knows HOW MUCH but it was over 7637's top bid of $3325. Heck, 7582 might have bid $5000. The only thing is 7582 wants to bid it sooo high that it will make 7637 bid some ridiculous amount. IF 7637's bid overrides 7582......no loss as it was soooo much....he didn't want it at that price. If 7637 NEVER enters a bid above the $5000, his bid never shows up because it never is OVER the $5000 set by 7582.

Smart moves I think.
__________________
SGT US ARMY RA - RVN 69-70,
8th Field Hospital - Nha Trang
Reply With Quote
  #7  
Old 08-15-2010, 08:00 PM
CMPBrian CMPBrian is offline
 
Join Date: Oct 2009
Location: Cullman, AL
Posts: 334
Default

I had some time to look into this, and I am assuming when we were experiencing problems many months ago our bid war minutes was reset to 0 minutes. I have set the minutes back to the normal amount, 10 minutes. This still does not satisfy my knowledge as to why the items are closing early. Sorry for the inconvenience guys, but it is like what the FAQ's say:

"It’s not about who pushes the button first, it’s about who bids the most."
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:18 AM.