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On their next sale, my friend held out 10 kits to sell via auction
Kevin Lynagh • Pricing niche products: Why sell a mechanical keyboard kit for $1,668?
Bidders had 24 hours to submit a sealed bid (“sealed” meaning bidders can’t see each other’s bids)
Kevin Lynagh • Pricing niche products: Why sell a mechanical keyboard kit for $1,668?
So, rather than speculate on a price, I convinced my friend to run a Vickrey auction to let their market determine the price. The auction worked as follows:
Kevin Lynagh • Pricing niche products: Why sell a mechanical keyboard kit for $1,668?
20230727-Shun Kinoshita-Price List.pdf
dropbox.com
Auction houses are notoriously devious institutions and should never be trusted.
Ken Perenyi • Caveat Emptor: The Secret Life of an American Art Forger
Arfa
arfa.co
