Nick's final sale

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So let me ask this, is anyone of us trying to buy some from his last batch? The species interest me but the # are just to large. Same thing with the compots, I wish he would have had mixed groups. If anyone wins some of these and want to divide them up, I might be interested in something. I know for a fact I better not buy one of those large packages if I want to stay married.
 
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I feel the same way...now that the first batch is potted, I find myself thinking about something else too....lol.
 
Unfortunately most of the packages are too large for the average hobbyist, you get a zillion of one cross, wish Nick would have set that up differently but the bottomline for him is that they go.
Is it worthwhile to share your interest with others here rather than bid against each other on the reasonable sized packages? Nick did send an email this morning indicating that you won't bid against yourself, just like on ebay, you can up your bid but the lowest amount needed to win would be applied.
Maybe there's a couple of things you'd like but don't have the $$$ or space for both. If one person said I'm going for this & another goes for that, we could probably do some selling/trading here? Any thoughts/comments?
 
Not necessarily Lance. Say I can't afford to bid on 2 or 3 things, I have to pick one, he just lost bids on 2 other items. If I know I could trade with others, then I could end up with the other plants I'd like and afford to bid higher on that one item, as could they, rather than thin ourselves out and end up with nothing. Does Nick get less? I have to wonder if Nick wanted to get the highest possible value why would he do one package of 652 plants? Would a commercial business want 100 plants of one X? How long would it take to sell them?
 
It is a buyers market right now. Plus, in today's higher educated society, there is a budding economist in every household.
wish the petals were longer...
 
Not necessarily Lance. Say I can't afford to bid on 2 or 3 things, I have to pick one, he just lost bids on 2 other items. If I know I could trade with others, then I could end up with the other plants I'd like and afford to bid higher on that one item, as could they, rather than thin ourselves out and end up with nothing. Does Nick get less? I have to wonder if Nick wanted to get the highest possible value why would he do one package of 652 plants? Would a commercial business want 100 plants of one X? How long would it take to sell them?


Depends on your point of view I guess.

I am not trying to be critical just making conversation here....

But when you wrote "Is it worthwhile to share your interest with others here rather than bid against each other" you suggest that potential bidders should unite and not bid with the intent to keep the sale price low.

When ever a group of people are involved in an auction situation and they as buyers agree to not bid against each other it destroys the sellers fair chance to gain better prices.

And the reasoning of that if you unite (conspire?) you won't "thin ourselves out and end up with nothing" also goes towards reducing the final sales price because if you end up with nothing that means someone else paid more than you were willing to pay. That is what is supposed to happen when someone puts something up for auction.

You don't want members (buyers) to do this when you run the forum benefit auction because you want to gain as much income from each sale as possible. You always want as many people bidding as possible.

Yes Nick get less.
Yes a commercial business would want a hundred or more of one X. From a commercial growers perspective that is not very many plants. How many award quality plants would expect to get from only 100 seedlings?

I bet if you asked Nick how long it takes to sell a hundred plants his answer would be "too long".

Do you really think Nick wants to get less than the highest possible value?
I don't know Nick but I bet he wants as much money as possible returned from his years of hard work. He probably made the groups large because he wants to keep his handling cost to a minimum. Do you have any idea how much work it would be to pack and ship 652 plants to individual buyers?

As I said above I'm not criticizing your post but rather just pointing out what might be the commercial growers perspective. I hope everyone gets great plants a great prices. But I am sad to see the end of the orchid hobby era coming because individual plants sell for $5 to little.
 
Good points Lance. Yes there are different ways one can look at it. I would think it's safe to say the majority of us on this forum are hobbyists. It's hard for me to look at it from a point of view other than a hobbyist. After I started this thread I did email Nick & implied it might be to his advantage to split that package, was there any chance he'd do so? Is there a minimum amount he'd accept on that package? His reply was - others had made the same suggestion/inquiry, he wasn't going to change it. The idea is to find new homes for the plants and shut down the GH, he'd accept any offer. That pretty much sums it up!
It is sad to see Nick go, he's done so much for brachy breeding & he will be missed! We can all understand his desire to retire and God knows he's earned it! I'm sure if the economy were different, he'd be making out much better, who knows maybe he would have sold the whole business plants & all! I think overall, he's gonna do pretty good with his auctions, the action is increasing in the past 24 hrs. and this is the last time to get original Nick plants!
God Bless You Nick & for all you've done! Enjoy your retirement!
 
I think a point in question is, are all the bidders just Slipper Talk members? Yes? Then I would say that would definitely be a major problem for an auction such as Nick's. But I really have my doubts that all those anticipating bidding on Nick's plants are here reading this.

Also a point is when one does an auction, they are - unless it has been stated before bidding as to a minimum - obligated to the highest bid set. Does that make it fair? Yes. Because that is agreed upon by the seller. Making a profit etc is something that seller should have taken into consideration before, as the saying goes "rolling the dice". Once committed, a dollar or a million, the obligation of two parties is cast.

Third point. Three pooling resources may pay $600. Seperate $200 each. Bid may go as high as $250. Three won't get it apart, but together they can go to $600. Would Nick appreciate the single bid of $250 or would he have enjoyed the pooled bidding that could take the offer to $600 or more?

Remember, its an auction!
 
Well the last call was given a little while ago, bidding will come to an end in less than an hour.
.... so what did you bid on?
I helped boost the bids on the concolor albas & the big seedling package, when those fell thru I backed someone with the species pkg, well that's out! I'm in with someone else on another & hopefully we're still in the mix! A thread with winners will follow I'm sure!
Did anyone else contribute?
 
I bid on a couple of packages; haven't heard back yet or seen a final update on the website. The species package sold for a good price, didn't it?
 
Bidding ended at 1200 PT.
Waiting to see if I won anything ,also. Lost Species, which I really wanted.
Bids in on The Matrix package, 3 compots of Conco Lucia.
And last minute bids on the Bacon Trix and the Con Con Bell when I lost species.
 
I bid on several items assuming I wouldn't have the high bid on everything. But I will be disappointed if I was outbid on everything.
 
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