TOPIC: Discount Lightning Auction 2020 $8k No.9 - Success!

Welcome to my Discount Lightning $8k Order Auction No. 9.

Announcing your pseudonym at end of auction now gets you a $3 discount on shipping.

By now you know the drill: Faster, Cheaper, and high Transparency. Details in Post #2.

How bidding works:

• A bid on a set of identical items is recorded as: (Bidder, Max Bid, Quantity, Time of Bid)
• A sorted list of all bids for an item is maintained sorted by descending Max Bid, ascending Time
• Winning bidders are allocated items by going down the sorted list and allocating items up to desired Quantity until all items have been allocated
• The winning bid amount is the Max Bid amount of the first bid to not have their whole requested quantity
  • All winning bidders pay the same amount

I'll update the currently leading bidders in this post, quantities, and the current bid price by pseudonym as new bids come in.

If you'd like to learn more, see the example below in the second post on this thread.

Threshold and Timelines:

• The auction will end as soon as I process a bid that puts the total value at or over $7500, including the value of all items still at their reserve price.
• PyP choices are due at the time of payment.
• If the $7500 threshold is not met by July 1st the auction is not funded and will be cancelled.
• Items will be mailed to you within 1 week after my receipt of them from True Adventures. Be forewarned that some items (like adventure modules) are sent out by True Adventures much later than others.

Shipping: Within the US: $8 per customer. Outside the US: Actual shipping cost. You may choose to announce your pseudonym after the auction in exchange for a $3 discount on shipping. If your total purchases in this auction exceeds $2000 I will cover your shipping for free.


Payment: Is via PayPal and due within 3 days of me notifying you of your won bid. The amount that reaches my PayPal account must be the sum of your won bids and shipping.

Current Bids:


Goal Met!

1000 GP Bar
Qty. 6 : Knock - $14.00
Qty. 10 : Unseen Servant - $14.00
Qty. 10 : Unseen Servant - $14.00
Qty. 5 : Earthbind - $14.00
Qty. 12 : Ice Knife - $14.00

2020 Complete Set of 3 Adventure Modules
Qty. 1 : Knock - $10.00
Qty. 7 : RESERVE - $10.00

2020 ONYX C/UC/R Set
Qty. 1 : Unseen Servant - $100.00

2020 ONYX URs:
ONXY +1 Mighty Shortbow : Absorb Elements - $76.00
ONXY +2 Flaming Blade : Unseen Servant - $110.00
ONXY Arcane Belt : Raise Dead - $90.00
ONXY Arcane Bracelets : Unseen Servant - $107.00
ONXY Arcane Earcuff : Tasha's Hideous Laughter - $130.00
ONXY Bracers of Reckless Fury : Negative Energy Flood - $90.00
ONXY Charm of Brooching : Unseen Servant - $120.00
ONXY Charm of Glory : Zephyr Strike - $115.00
ONXY Cloak of the Elm : Zephyr Strike - $105.00
ONXY Cook's Hat : Gate - $85.00
ONXY Ioun Stone Banshee Prism : Wall of Fire - $86.00
ONXY Lenses of Agility : Banishing Smite - $95.00
ONXY Lucky Light Mail : Fairie Fire - $99.00
ONXY Lucky Plate Armor : Unseen Servant - $100.00
ONXY Lucky Shield : Unseen Servant - $115.00
ONXY Ring of Wonder : Zephyr Strike - $105.00
ONXY Ring of the Drake : Negative Energy Flood - $90.00
ONXY Semi-Lich Skull : Tasha's Hideous Laughter - $105.00
ONXY Shirt of the Oaf : Tasha's Hideous Laughter - $110.00
ONXY Taborlin's Key : Gate - $95.00

2020 or 2019 UR of Choice
Qty. 2 : Negative Energy Flood - $115.00
Qty. 4 : Fairie Fire - $115.00
Qty. 1 : Unseen Servant - $115.00
Qty. 3 : Unseen Servant - $115.00
Qty. 4 : Dancing Lights - $115.00
Qty. 2 : Bane - $115.00

6th Tooth of Cavadar
Qty. 1 : Banishing Smite - $30.00
Qty. 1 : Raise Dead - $30.00
Qty. 5 : Tasha's Hideous Laughter - $30.00
Qty. 1 : Gaseous Form - $30.00

Adventurer's Guild Buttons (e.g. bag check access)
Qty. 2 : Unseen Servant - $5.00
Qty. 2 : Bane - $5.00

Alchemist's Ink
Qty. 2 : Fairie Fire - $3.50
Qty. 17 : Absorb Elements - $3.50
Qty. 5 : Raise Dead - $3.50
Qty. 16 : Abi-Dalzim's Horrid Warning - $3.50

Alchemist's Parchment
Qty. 10 : Tasha's Hideous Laughter - $5.00
Qty. 10 : Unseen Servant - $5.00
Qty. 35 : Gaseous Form - $5.00

Aragonite
Qty. 1 : Dancing Lights - $27.00
Qty. 5 : Wall of Fire - $27.00
Qty. 2 : Unseen Servant - $27.00
Qty. 4 : Maddening Darkness - $27.00

Darkwood Plank
Qty. 60 : Ice Knife - $1.25
Qty. 10 : Unseen Servant - $1.25
Qty. 60 : Wall of Fire - $1.25
Qty. 5 : Earthbind - $1.25

Dwarven Steel
Qty. 10 : Tasha's Hideous Laughter - $3.25
Qty. 10 : Raise Dead - $3.25
Qty. 20 : Wall of Fire - $3.25
Qty. 20 : Unseen Servant - $3.25
Qty. 5 : Earthbind - $3.25

Elven Bismuth
Qty. 4 : Tasha's Hideous Laughter - $13.50
Qty. 2 : Absorb Elements - $13.50
Qty. 5 : Wall of Fire - $13.50
Qty. 3 : Unseen Servant - $13.50

Enchanter's Munition
Qty. 20 : Wall of Fire - $2.15

Hitchhiking Ghost: Shog
Qty. 2 : Unseen Servant - $11.00
Qty. 2 : Wall of Fire - $11.00

Lenses of the Owl
Qty. 7 : Sacred Flame - $3.00
Qty. 1 : Absorb Elements - $3.00

Minotaur Hide
Qty. 30 : Wall of Fire - $2.25
Qty. 5 : Raise Dead - $2.25
Qty. 10 : Absorb Elements - $2.25

Mystic Silk
Qty. 18 : Absorb Elements - $1.76
Qty. 50 : Wall of Fire - $1.76
Qty. 32 : Earthbind - $1.76

Oil of Enchantment
Qty. 4 : Tasha's Hideous Laughter - $15.00
Qty. 4 : Unseen Servant - $15.00
Qty. 3 : Absorb Elements - $15.00
Qty. 1 : Wall of Fire - $15.00

Orb of Dragonkind (Old)
Qty. 1 : Unseen Servant - $325.00

Patron Pin (no registration code!)
Qty. 1 : Unseen Servant - $20.00

Philosopher's Stone
Qty. 30 : Maddening Darkness - $1.50
Qty. 30 : Wall of Fire - $1.50
Qty. 10 : Raise Dead - $1.50
Qty. 9 : Absorb Elements - $1.50
Qty. 10 : Earthbind - $1.50
Qty. 1 : Ice Knife - $1.50

Potion Condensed Healing
Qty. 10 : Wall of Fire - $2.00
Qty. 7 : Fabricate - $2.00

Wish Ring
Qty. 1 : Danse Macabre - $210.00


The Fine Print:
See the next post for details on bidding and other corner case rules.

This auction is run a little differently than others have been run recently. I have made these changes to make things sell faster, and at a lower price than other auctions.

Faster: As soon as this auction hits the funding goal (for example $7,500) or more in value it is funded and bids are final. Other auctions typically run through some deadline, leading to sniping after the auction has reached its funding threshold and higher prices.

Cheaper:

This auction will use a Multiunit auction bidding system. This ensures that every bidder pays the same, lowest price for identical won items. Other auctions typically are run in a way such that some winning bidders pay more than others for identical items.

No bid increments - in the auction system here you never pay more than the exact amount another bidder was willing to pay. Other auctions typically jump the second bid by some threshold amount ($1, $5?), resulting in winning bidders paying more than anyone else was willing to pay.

Transparency: While keeping bidder’s true identities secret with pseudonyms, at the end of the auction I’ll publish all the bids, so you can see how the bids stacked up.

In additional, I’ll offer discounted shipping to any winning bidders who choose to announce what their pseudonym was here in this thread.

Details:

1. Bids are set by the first bidder who doesn't get their desired quantity, rather than by the first bidder who gets nothing.

Bidding Example:

There are eight 6th Tooth of Cavadar available.

There are four bids placed:
#1 Alice bids $45 on 3
#2 Bob bids $45 on 2
#3 Cindy bids $39 on all 8
#4 Dave bids $35 on 4

We sort the bids in terms of descending max bid, breaking ties on earliest bid placed:
Alice, $45 on 3 (ahead of Bob because Alice bid first)
Bob, $45 on 2
Cindy, $39 on all 8
Dave, $35 on 4

Then we allocate the eight available items down our sorted list:
Alice is currently winning 3
Bob is currently winning 2
Cindy is currently winning 3 (out of her requested 8, but there are only 3 available after Alice and Bob, who bid more get theirs)
Dave isn’t winning any

Then we set the price for all winning bidders based on the first bid that is not getting it's entire desired quantity: that’s Cindy’s bid at $39.

So currently the winning bids are:
Bob, quantity 2 for $39
Alice, quantity 3 for $39
Cindy, quantity 3 for $39

Other auction systems would also allocate the eight winning items the same way, Bob gets 2, Alice gets 3, Cindy gets 3. However they might charge some of of Bob, Alice, and Cindy more than $39, and they might charge the three of them different amounts for identical items.

Detailed Bidding Rules:

1. I have placed RESERVE bids on some items at the start of the auction. These are the only bids I will place in this auction. RESERVE are implemented as 2 bids on the entire quantity available, at the reserve price.

2. In order to take over any bid, including RESERVE bids, you must bid higher than that bit. You won't pay more than the RESERVE price until you are competing with live bidders.

All bids submitted at the RESERVE price will be automatically updated to 1 cent more than the reserve.

Unlikely Scenarios:

I reserve the right to:

• Deliver the '2019 or 2020 UR of Choice' selections on either gold or onyx backs.
• Declare the auction successful / funded at less than the threshold treating all bids as final.
• Pause or suspend the auction at any time for any reason.
• Offer “second chance” options to losing bidders which they may accept or reject.
• Reject or cancel individual bids for any reason before payment is made.
• Cancel the auction entirely at any point prior to it being funded at the threshold.
• Refund all payments made in full, and cancel the auction entirely, in the unlikely event that winning bidders back out and/or do not pay in a timely fashion after the bidding threshold is met and the auction concludes.
• Update auction listings as True Adventures changes the listed components of an 8k purchase.

The list above is not comprehensive.

bump

bump for matt

Matthew, good luck getting the last 8%!

A friday afternoon bump for Matt.

A Saturday morning bump for Matt.

bump

Friday bump.

PM sent

Hi Matthew, has that 1 July deadline changed now that GENCON is cancelled?

Also, the patron pin bidder might feel differently after mid June.