Pavel Mikhasenok

ITS 380

CH11 Projects: Question 2

 

The website I chose is liveauctioneers.com. Liveauctioneers seems like a reliable place for sellers to place rare items for auctions. They show on the website that they have 56 million items auctioned and $78 billion is secure bids.

 

Item 1 Rolex Mens 18K Yellow Blue Vignette Diamond Lugs - sold by Federal Assets Auctioneers

1)      Life Cycle Early

2)      Quantity purchasing requirements one for sale

3)      Opening bid price - $1

4)      Bid increments - $50 until the price reaches $1000 and then increases to $100

5)      Live bidding starts on November 25 at 11Am CST

Item 2 Harley Davidson pinball machine sold by Tom Hall Auctions Inc.

1)      Life cycle mature (2002 manufactured)

2)      Quantity purchasing requirements one for sale

3)      Opening bid price - $500

4)      Bid increments - $100 after reaches $1000; $200 after reaches $2000; $500 after reaches $5000

5)      Live bidding starts on December 3 at 9AM CST

Item 3 Dragon Green Jadeite Pendant - sold by Oriental Jewelry Auction House

1)      Life cycle early

2)      Quantity purchasing requirements one for sale

3)      Opening bid price - $30,000

4)      Bid increments - $250 after reaches $10,000; $500 after reaches $50,000; $1,000 after reaches $100,000

5)      Live bidding starts on November 24 at 9AM CST