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Post Posted: Mon Aug 17, 2009 4:20 pm 
 

jcp wrote:Why do you feel that way? It's a provision of how much stuff they have to auction not in how they run the auction in the first place. Though I wasn't able to work the auction this year, last year I helped gavel the rares till the bitter end and I recall everything selling for top dollar to the last item. Is it a marathon push? Yes, but it's also a once in a year event of epic proportions so the late hours seem entirely acceptable. If we can play a game of D&D until 2am, why not enjoy a rare collectible auction of one of a kind items till the same time?


It can't be selling for top dollar when there are 15 people in the room at 2 am (and 4 of those are asleep).  It's not of "epic proportions" when there is no one there to witness it.  

Simple mathematics tell you that your chances of getting a higher bid for your item are better with 100 people than 20.  I understand that collectibles tend to go to a certain type (collector) and that those types tend to be present until the bitter end, but there is simply no defending something going into the wee hours of the morning that should be a premier event. No matter what the circumstance, I'd rather my stuff go up at 11 pm than 2 am, without exception.

That this happens is a direct effect of how T&T run the auction.  First, the charity auction goes on far too long and features far too much crap to justify it dragging late into Saturday night.  It was suggested many times that a charity store or section be used to accomodate the overflow. If I went again I would probably skip the charity portion entirely, as it typically runs an hour or more over and features numerous lots of crap that dealers cannot get rid of...taking a write off to dump a case of Spellfire cards for $1 is preferable. Not to mention the pencils, anime videos, and Hello Kitty merchandise that gets dumped into this portion of the program.

Second, far too many non-gaming items are accepted. Frankly, some of that crap wouldn't sell at a garage sale. The years I went I saw VCR movies (non gaming related), comic books (non gaming related), paperbacks (non gaming related), anime merch (non gaming related), clothing items (non gaming related) and other assorted crap coming out again and again, wasting time. T&T could say they will stop accepting crap...but that would hurt their bottom line, as they collect money (registration fees) for everything entered in the auction, sale or not. It's to their advantage to accept EVERYTHING, regardless of sellability.

Third, I was assured by Mr. T&T himself when I picked up my commission check last year that they would take steps to make sure the auction did not go past midnight.  As a matter of fact, I was PROMISED this would be the case.  So since the guy running the auction's word is worthless, why should I trust him to get the max price for my goodies?

The next time I go, I'll stick to putting stuff in the auction store, and bidding on rather than trying to sell any rares in the auction.

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Post Posted: Mon Aug 17, 2009 4:22 pm 
 

stephenf wrote:Some person also entered what seemed like hundreds of cloth cat ears and the kept holding one up at a time and offering them for sale.  They wasted a ton of time auctioning off beanie babies and stuffed viruses as well (Sypholis, AIDS, Black Death) etc.   They spent way to much time joking about them.  A lot of video tapes, buttons, swag etc.


This is what I'm talking about......

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Post Posted: Mon Aug 17, 2009 4:27 pm 
 

Choice Auction:

They also started puting up a block of items on the front counter and had people bid for the right to purchase them at xx.xx dollars each instead of having to auction the items indiviudally.   The high bidder can then purchase anything on the counter for his bid on a per item basis.

I don't think it sped up the process and it caused a huge log jam in the front and blocked the line of site for the auctioneers and the audience who were bidding on items at the time.

Plus if it was my item on the block I would be upset if somebody messed up and didn't realize how much the item was worth in the block of stuff.

I agree they sell way to many non-gaming items.

  


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Post Posted: Mon Aug 17, 2009 4:40 pm 
 

The only way you get the rare auction sped up is to get rid of Frank.  

I think he definetely adds to the auction in that he does a great job informing people of the rarity of the item and estimates worth sometimes as well as all of the back stories on the items.

I don't know if he really causes somebody to bid on an item who didn't want it in the first place for the majority of the stuff sold.   The collectors know what they want and what it is worth for the most part.   Maybe 1-10 items come up that I don't know about after 24 years.   Frank does add value in those circumstances.   I however in 24 years have only purchased 1 or 2 times because of this.   I am an avid collector and typically spend $1,500 - $3,000 at a GenCon auction.  

I just don't know what kind of value to put on Frank's contribution to the rares.   I perosnally get frustrated at the pace he sets.   5-10 mintues sometimes goes buy without an item being sold.  

I've gotten used to it over 24 years and can deal with it but they could have easily gotten done with the rares by 12:00 if it wasn't for the Frank effect.

I just don't know the value to place on Frank.   I have gotten used to it over the years and consider it informative for the newbie.   We do need newbies in this hobby.

  

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Post Posted: Mon Aug 17, 2009 4:42 pm 
 

stephenf wrote:Choice Auction:

They also started puting up a block of items on the front counter and had people bid for the right to purchase them at xx.xx dollars each instead of having to auction the items indiviudally.   The high bidder can then purchase anything on the counter for his bid on a per item basis.

I don't think it sped up the process and it caused a huge log jam in the front and blocked the line of site for the auctioneers and the audience who were bidding on items at the time.

Plus if it was my item on the block I would be upset if somebody messed up and didn't realize how much the item was worth in the block of stuff.

I agree they sell way to many non-gaming items.


While I think the idea of the "choice auction" is novel, it could have hurt one of the items I had in it. Granted, it was a beat-up 7th printing D&D Boxed set with a couple of beat-up books in it, but T&T could have had that bid up to $15.00 for me in no time  :D

Novel idea... please do not do it again...


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Post Posted: Mon Aug 17, 2009 5:44 pm 
 

Well I can't speak for Frank or for T&T but I can speak as someone was has been an auctioneer at Gencon (not this year but 2008) as well as at Origins and Kublacon (2009 and many years previous). All the points made are valid ones. Speeding up the auction is just as important as providing the context for more unique items. Finding a middle ground is always ideal but not always easy to do.

As for the comment

Simple mathematics tell you that your chances of getting a higher bid for your item are better with 100 people than 20


I would say for many rares you're lucky if you get 15 people interested in bidding in the first place so 100 people in the room isn't going to change a lot of the bottom line. The hard core collectors are the ones buying the rare stuff so if 10 of them are left at 2am that's all that matters because no one but them was likely to bid on let alone win those items in the first place. Sure I want 100 people to be sitting there but that is not always realistic or easy to do.

  

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Post Posted: Mon Aug 17, 2009 5:51 pm 
 

jcp wrote:I would say for many rares you're lucky if you get 15 people interested in bidding in the first place so 100 people in the room isn't going to change a lot of the bottom line.

I'd probably still go with the "future interest" argument. Doesn't sound like a bad idea to have the possibility that someone else outwith the "usual suspects" has a go and strikes lucky with the big ticket items (and/or the regs feel sorry for newbie).

Surprised, too, to hear there's as few as 15 people at the end when that's as early at 2am. Past time for evening cocoa these days? ;)


[edit] Oh; just spotted the TD#1 comment. Akkk... sorry to hear that, too, Tim. :?


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Last edited by faro on Mon Aug 17, 2009 11:04 pm, edited 1 time in total.
  

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Post Posted: Mon Aug 17, 2009 6:02 pm 
 

From my perspective Frank adds a welcome element to the auction, especially for item provenance, in particular for items of rarity or a unique nature.

What I would suggest is that they stop auction off sundry items at a specific time and then begin the rare/special auctions.  After they are done, they could resume the auctioning off of the sundry items.  This is normally how it is supposed to go, not sure what happened since I wasn't personally there to witness it this year.

I also don't think they should be selling off some of the rares prior to the designated time, that automatically knockd out some of the potential bidders that were planning to be there to bid on them.

I do believe that an increase in the number of people present could potentially increase the price that the more unique items garner.  Even the die-hard collectors would probably be more attentive.

  

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Post Posted: Mon Aug 17, 2009 7:16 pm 
 

jcp wrote:
I would say for many rares you're lucky if you get 15 people interested in bidding in the first place so 100 people in the room isn't going to change a lot of the bottom line. The hard core collectors are the ones buying the rare stuff so if 10 of them are left at 2am that's all that matters because no one but them was likely to bid on let alone win those items in the first place. Sure I want 100 people to be sitting there but that is not always realistic or easy to do.


But see all you need is ONE...one extra person bidding can make a dramatic difference on an item. And in that case I'd rather have 100 potential bidders than 20. I don't know that there is a good solution but I'm just saying as someone who put stuff in the auction last year, including some rares, I doubt I would do so again unless things changed dramatically.

And Frank not being part of the auction is a non-issue, IMO. Frank and his stories are part of the Gencon experience as much as anything else, more so since he's one of the few links to the original days.  I honestly didn't think he slowed down the process more than, for example, a bunch of lots containing buttons or stick ons for $1 bid that never got sold.

From the two auctions I attended, the main problems I saw have already been mentioned....too many non-gaming crap items and too many dealers dumping dead wood stock for the charity auction.  Both problems are very easy to solve...change the rules for registering items (say, no vhs tapes, beanie babies, anime items, paperbacks, etc); and take most of the items that won't be bid on in the charity auction and assign them to a "Charity Store" so as not to gum up the works Saturday night.  

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Post Posted: Mon Aug 17, 2009 9:02 pm 
 

I have to say that I really enjoy when Tim and Frank are the auctioneers.  They add a lot with their description of items and also cause the bidding to go much higher than it normally would with a little bit of prodding to the bidders we all know.  I saw this happen with more than a couple of items prompting the bidding up by as much as $100 or more.

It's the other auctioneers I could do without, as well as the selling of worthless crap.  The sale of the stuffed diseases made all the more nausiating and time consuming with the stupid jokes like "Give me $4 and I'll give you syphilis" went on and on.  Another thing witnessed personally was an idiot auctioneer who didn't even know what a  Hidden Shrine of Tamoachan was so he said "Who wants a Hidden Shrine of Something Something".  Please!  How many years have you been doing this auction (yes, I recognize him from previous years) and you still don't know the TSR product?  How are you going to drum up interest and encourage bidding if you don't even know what you have?


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Post Posted: Mon Aug 17, 2009 9:22 pm 
 

Rabbit_67 wrote:I have to say that I really enjoy when Tim and Frank are the auctioneers.  They add a lot with their description of items and also cause the bidding to go much higher than it normally would with a little bit of prodding to the bidders we all know.  I saw this happen with more than a couple of items prompting the bidding up by as much as $100 or more.

It's the other auctioneers I could do without, as well as the selling of worthless crap.  The sale of the stuffed diseases made all the more nausiating and time consuming with the stupid jokes like "Give me $4 and I'll give you syphilis" went on and on.  Another thing witnessed personally was an idiot auctioneer who didn't even know what a  Hidden Shrine of Tamoachan was so he said "Who wants a Hidden Shrine of Something Something".  Please!  How many years have you been doing this auction (yes, I recognize him from previous years) and you still don't know the TSR product?  How are you going to drum up interest and encourage bidding if you don't even know what you have?


Some of the auctioneers should be embarrassed to be up there, not only a lack of knowledge of the items they are selling, but a lack of knowledge in gaming, period. Frank, Tim, Harold Johnson, a few others, do a great job. I will say I thought Jason (JCP) did a very good job the few times I caught him selling something, he was very professional.   Some of the comments by the other spare ass auctioneers weren't funny and didn't make me want to bid...hint:nerd jokes to a bunch of nerds isn't funny unless it's not serious.  I understand after doing it for hours you get a little loopy, but suck it up.

"Give me $4 and I'll give you Syphillis" should be your new tagline, Rabbit.... :D

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Post Posted: Mon Aug 17, 2009 10:48 pm 
 

I agree about the embarassment factor.   I was so mad at them with the bennie baby stuff.   I still can't believe people were paying 4-6 dollars a piece for them.

I agree Frank needs to stay.

They need to set a hard drop point and sell the stuff on Sunday or the next day.

They need to stop re-presenting items a second time.   I witnessed at least 10-15 items that were attempted to be sold on Friday attempted to be re-sold on Saturday.  The one I got sick of was a dessert storm playing card set that included a situation map and cards of all the weapons.  They sold 4 or 5 on Friday and nobody else wanted one and then re-attempted to sell the reaming ones on Saturday.  They pulled the same stuff witht the Cat Ears etc.

The fact they charge for listing and selling items also gives Troll and Toad a competitive advantage over other bidders.   By default they can purchase any item cheaper because they recieve the seller fee.  

They do run-up prices somewhat on items.  However, they do bottom feed on general crap that nobody sitting during the day wants.   I just don't like the conflict of interest.

This was by no means the worst auction i attented.  But it was by no means a great auction either.  

They just need to hold up the item, give a brief description, punched or un-punched etc. and sell it.   They just can't do it.

The worst auction I ever attended was back in Milwaukee when some hobby insider died and his entire collection was sold at the auction.   (Sorry can't rememer his name).   A regular at the auction who had been in a terrible accident and was burned badley and lost both his hands had an unlimted budget and purchased everything attached to this lot of items which was 90% of the good stuff that year.

Nobody out bid him.   The only item I purchased that year was a shrinkwrapped Nova Axis and Allies becuase they were selling two copies and he only wanted 1 of the copies.

  

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Post Posted: Mon Aug 17, 2009 11:34 pm 
 

I'll post a list of some of my auction acquisitions in bbarsh's other thread.  But a few thoughts on the auction this year.

There were clearly too many irrelevant items.  And too much time spent on them.  What the heck plushie diseases are doing in the GenCon auction escapes me.  ("Who wants to get syphilis from me?" says the auctioneer . . . .  :puker: )

I've heard most of Tim's and Frank's stories so many times I've certainly lost count.  But that's what makes the GenCon auction.  And it isn't just for old fogies like me.  This is the history of the game, and there are people in the room who have never heard them before.  It's our equivalent of telling old tales around campfires.  It's got to stay.

T&T was buying an awful lot of items.  I don't remember this from prior years, but I may not have been paying close attention.  I do recall reading, however, that the auction is owned by a separate company (ominously called "The Partnership"), jointly owned by Bruce Carson and Jon Huston (T&T's president).  T&T pays the same fees that other buyers pay.  While Jon may get a share of the auction's profits, it doesn't go back to T&T.  Frank may have more specific information.

I actually felt that the auction did a little better job with the rares than in prior years.  Instead of piling every rare item at the very end, they were spaced out a bit during the general collectors auction.  I had to leave before the end Friday night (my son had driven in, and couldn't find the entrance to our hotel), and by then almost every rare item had been sold.  Similarly, on Saturday, the remaining rares (the plan had been to sell all of the rares Friday night, but some got held over, and a few -- like the woodgrain -- didn't come in until Saturday) were sold off by around 8:30 or 9 pm, IIRC.  After that was the charity auction, which was much smaller than last year.

Best moment of the whole auction?  Easy.  Just as the charity auction is beginning, the fire alarm rings and the whole convention center is evacuated.  Josh (one of the auctioneers) gathers a crowd around him just outside the building.  He leads a reading of some booklet he has.  It's something put out by a religious organization years ago, about the demonology spawned by D&D.  It's hilarious.  When that's done, we have a game of Red Rover across the street ("Red Rover, Red Rover, let pirate guy come over!").  He did a fantastic job of keeping people around, so there would still be a charity auction.  If Josh reads these boards, let it be noted that I felt that was one of the best moments I have seen at a GenCon in many years.


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Post Posted: Tue Aug 18, 2009 12:03 am 
 

ScketreWhisp® wrote:Yes, my bid was $500.00 so just curious ...


So I discovered.  Thanks, Doug.   :evil:  :lol:


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Post Posted: Tue Aug 18, 2009 12:06 am 
 

Kosh Vorlontay wrote:Any pics of the con to post for this year?


I've got pictures.  May take me a week or so to find the time to download them.  Unfortunately, my camera's battery went dead sometime Saturday morning, at which time I discovered I had failed to bring the charger with me.   :oops:


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Post Posted: Tue Aug 18, 2009 12:53 am 
 

I had a great time at Gencon and the auction this year.  

Not to much stuff to buy but a few notables.  

For one the Blume copy of Holmes basic set (in shrink) that strato won; it has a blank box bottom and the F116-R lizard box top.  This confirms that it is a bonifide printing and I know that I have one and so does Stephen (bombadil) so we can add a new printing to the Basic set descriptions on the Acaeum.

A white bear sealed copy went for $300

The brown box (2nd) went for $1300

The Blume basic and expert sets (pink and blue) went for pretty big bucks ($200 and $160)

4 or 5 white box sets

some other stuff already mentioned.  My pick up list later when I get a chance to unpack.


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Post Posted: Tue Aug 18, 2009 12:56 am 
 

Also played a game with Tim and a load of Acaeum guys and another with Bracton weaving the story.  Both good games.  Introduced my oldest boy to 1st ed as well.


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Post Posted: Tue Aug 18, 2009 8:43 am 
 

Bracton wrote:T&T was buying an awful lot of items.  I don't remember this from prior years, but I may not have been paying close attention.  I do recall reading, however, that the auction is owned by a separate company (ominously called "The Partnership"), jointly owned by Bruce Carson and Jon Huston (T&T's president).  T&T pays the same fees that other buyers pay.  While Jon may get a share of the auction's profits, it doesn't go back to T&T.  Frank may have more specific information.


I spent the better part of Thursday at the auction as the lone Acaeum representative until the cavalry arrived (IO, Bracton, Blackmoor, Stratochamp was working the auction) that evening. T&T was buying like there was no tomorrow. I would say they purchased a minimum of 50% of the rpg stuff - it was probably more than that. They dialed it way back during the boardgame (wargame) auction unless it was something TSR-like or related to rpg games.
I would not say they were getting great deals, but I think they look for about a 15-25% margin (at best) from reselling. They clearly are running a quantity-based business plan.
I have no problem with this, but it is kind of sad that they are so dominant at the auction. Again, I can only speak for Thursday. I am just happy that I grabbed a few things from their clutches... 8)


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