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  Novaspace's Astro-Auction returning Jan. 2015 (Page 3)

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Author Topic:   Novaspace's Astro-Auction returning Jan. 2015
Robert Pearlman
Editor

Posts: 42988
From: Houston, TX
Registered: Nov 1999

posted 08-31-2015 06:16 PM     Click Here to See the Profile for Robert Pearlman   Click Here to Email Robert Pearlman     Edit/Delete Message   Reply w/Quote
Novaspace has noted on Facebook that Astro-Auction will be closing down on Sept. 20 at noon MST. "Just not enough interest to keep it going."

astrobock
Member

Posts: 138
From: WV, USA
Registered: Sep 2006

posted 08-31-2015 06:51 PM     Click Here to See the Profile for astrobock   Click Here to Email astrobock     Edit/Delete Message   Reply w/Quote
Too bad. Used to go to Astro-Auction to use their "what's listed on eBay" link even when the auction part was closed. When that linkage was removed shortly after the auction part reopened, I wrote to say it was missed but no change so I stopped visiting. Apparently everyone else did, too.

Steve Zarelli
Member

Posts: 731
From: Upstate New York, USA
Registered: Mar 2001

posted 08-31-2015 07:21 PM     Click Here to See the Profile for Steve Zarelli   Click Here to Email Steve Zarelli     Edit/Delete Message   Reply w/Quote
It seems as if the notion of online auctions has changed over the past few years. For instance, eBay has essentially turned into a primarily fixed price listing. We saw similar traits on Astro Auction... high starting prices that were a trivial amount below the Buy It Now price.

From a buyer's perspective, the allure of an auction is the opportunity to get a bargain, otherwise why bother? Just buy from a dealer at a fixed price and eliminate the games and waiting.

In short, it seems sellers want all the advantages of an auction -- the potential of a bidding war resulting in a sky high price -- but none of the risk, i.e., taking a bath on an item with the buyer getting a steal.

It all adds up to less than compelling scenario for potential buyers in my opinion. This is not a criticism of the people at Astro Auction because the situation is not unique to them. It's just the way the marketplace has evolved.

jemmy
Member

Posts: 176
From:
Registered: Dec 2010

posted 09-20-2015 02:26 PM     Click Here to See the Profile for jemmy     Edit/Delete Message   Reply w/Quote
Just check Astro-Auction and not a single item is listed.


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