Game 4: Price Is Right - WDBEA36E1RC112663

[Ntrepid]

1994 Mercedes-Benz E500

Bid for the chance to own a 1994 Mercedes-Benz E500 at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #39,084.

bringatrailer.com

Here are the rules:

1. Only one entry per person (cost of entry is PayPal to kondilas@ieee.org using F&F option $5) and your submitting a price to this thread enters you into this game
2. Entry must be submitted to this thread NLT Saturday, November 7 at 5:10pm (5 days prior to the ending of this listing)
3. Entry is (1) the hammer price at which you think this auction will end and (2) if the car will RNM
4. The winner is the person who is (1) closest to the selling price (exclusive of BaT fees) without going over and (2) indicates if the car meets the seller's reserve
5. The first person to claim a certain price and RNM status owns that slot. Duplicate bids will be discarded and the original will be maintained
6. Additional people wanting to submit at the same level have the option of bidding $0.01 higher or lower (essentially boxing the first bidder)
7. Any user can submit $0.01 as a bid if they believe all bidders are over the hammer price.

The new dimension of indicating if the car will meet the seller's reserve allows two people to bid a similar price as long as they do not choose the same auction outcome. For instance, if @gerryvz chooses $100K and RNM and @Klink chooses $100K and Reserve met, there will be a single winner assuming they are the closest to the hammer price without going over.

BTW, we have a $15 initial pot from the carryover from Game 3!

Feel free to ask questions as we refine this game.

Good luck!


Robert

Participant Count​	500EBoard Member​	Auction Hammer Price​	Reserve Met?​	Submission Time Stamp (ET)​	Paid (Y/N)​
1​	@JAB12​	39,124​	M​	11:33A (6 November 2020)​	Y​
2​	@Ntrepid​	34.770​	N​	13:26 (7 November 2020)​	N​
3​

 

[JAB12]

$39,124. Reserve Met

 

[Ntrepid]

No winner in this game as both contestants went over the hammer price. This pot as well as the $15 from the previous game will roll over to Game 5.


Robert

 

[gerryvz]

I'd like to see more participation from folks....

 

[gsxr]

Isn't the time to enter relatively short, 1-2 days max? If so, participation may increase if the entry time window is longer.

GSXR has proven to be really, really bad about estimating market values... so he opts not to further embarrass himself.

 

[gerryvz]

You've got a couple of hours left to enter game #5.

 

[Jlaa]

Isn't the time to enter relatively short, 1-2 days max? If so, participation may increase if the entry time window is longer.

GSXR has proven to be really, really bad about estimating market values... so he opts not to further embarrass himself.

Seems to me that The-GSXR™ is just observing / learning from pricing patterns with these threads..... it is practicing Machine Learning ..... A.I.!