Joined: 11 Sep 2004 Last Visit: 28 Jun 2013 Posts: 2977 Location: NYC
Posted: Wed Sep 26, 2007 3:27 am Post subject: Auction Data Guidelines
The auction data forums is an initial solution toward the purpose of providing valuation on the Tome of Treasures. The idea is to create a visitor driven and viewable database of auction endings. The following example is what we are looking for to create this usable database......
- Date of Auction Ending
- Auction type
- Condition as it reads in auction description
- ending price in currency $ currency for consistency in tracking
- notes regarding special auction conditions the visitor might find handy
- link to the auction so that the community can verify conditions for the purpose of transparency.
Initially, we ask that we keep the tracking of data to some of the more rare collectible items that enjoy coverage on the Tome. With some Common and Uncommon items it is convenient for the savvy collector/seller to do a simple ebay search to query current and realistic market conditions. For the Rare and Very Rare items, years can pass before another one or two bear itself in the market. A rolling record of these rare items is valuable information for the collector/seller to arm himself in determining what they are willing to spend/sell-for based on these previous recorded auction results.
As a matter of good form, we ask that contributors be fair-minded in selecting items with normal exposure in open auction or at the very least include some notation on what might have skewed the value to some degree. We also ask that visitor contributors refrain from posting auctions that they themselves were involved in as either buyer or seller for the purpose of transparency and integrity of the data presented.
Lots should be regarded carefully. When the value of an ultra-rare overwhelms the common items in the lot we would encourage the inclusion of this lot in the data bank with auction description notation. These items may have very little in the way of auction results recording so the information is too valuable to let pass. It would be better to refrain from the inclusion of lots with a mixture of Uncommon and Rare items if the value delineation between items isn't as clear, as the data would become difficult for the uninitiated viewer to digest.
This area was not intended to be a forum for discussion. Please refrain from making comments in this area to keep the database usable for other visitors. _________________
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