[Reverse Auction] 2 DC's of Iron Blocks

Discussion in 'Reverse Auctions' started by ShrinkingMatt, Apr 25, 2016.

  1. Item: Two double chests of iron blocks
    Starting Bid: 200,000 rupees
    Minimum Bid Decrease: 1,000 rupees
    Auction Ending Time: 12 hours after the last valid bid*
    Expected Delivery Time: 48 hours after auction concluded.

    Thank you for participating :)

    JesusPower2 likes this.
  2. Bring

    Please :3
  3. Le bump? Please inform me if you believe I should raise my starting bid :3
  4. I believe you should raise your starting bid. :)
    ShrinkingMatt likes this.
  5. What would you suggest?
  6. The average price appears to be about 3r per ingot according to numerous shops I surveyed.

    3 DC of Blocks would equal 279936 at that price.

    I think if you were to offer at least 280k to maybe 300k for the convenience of not having to acquire that much yourself, then you may start seeing some takers on your reverse auction.

    My daughter usually has low prices and her Iron Ingots go 3 for 8r which equals 2.66r per ingot.

    The price you are currently offering only equals 2.1r per ingot.

    Another thought I had is maybe you could do a trade for the iron. I have seen you going from one smp to the next advertising your Gold / Emerald SC / DC for sale. Try 3 DC of Gold for 3 DC of Iron...according to your prices, that would only be a price increase of 46k. But someone may actually want the Gold or Emeralds.

    Good luck with your endeavor, and whatever you are aspiring to build.
    Sachrock and ShrinkingMatt like this.
  7. Wow, well this is what I truly love to see in the community. Everyone helping each other out. I however had the impression that Iron was only worth 2r per ingot so thats what I based this auction around. I now realise I may be wrong :)

    If I report this auction and get the number of DC's changed from 3 to 2 then it should have a starting price of around 3.2r per ingot, this also as you stated above allows a little extra for the hassle and time needed to gather up this much iron :)

    Thank you very much indeed Knight.
    JesusPower2 likes this.
  8. Changed to 2 double chests as requested
    ShrinkingMatt likes this.
  9. 200k nubby rupees
    ShrinkingMatt likes this.
  10. Feel like I should have uppee the bid increment cx Bumps
  11. No you shouldn't :p

    ShrinkingMatt likes this.