RE: Last Night's Auction

["Hess, Clay A" <Clay.Hess@PSS.Boeing.com>]

Erik,

Out of curiousity and fun with numbers.....do you have the stats on how we did 
"Net"wise on the previous auctions to go with the table you put together?  I am 
kinda curious.  It seemed like we did incredibly well based on a "$/hour of our 
time invested" approach.

Clay

> ----------
> From:         Erik Olson[SMTP:erik@thekrib.com]
> Reply To:     gsas-board@thekrib.com
> Sent:         Wednesday, April 11, 2001 2:20 PM
> To:   'gsas-board@thekrib.com'
> Subject:      Re: Last Night's Auction
> 
> Thanks Clay.  It was really good from my perspective as well.  Of the past
> four "computerized" auctions, this went the smoothest.  I think I only
> heard about three "Uh...Erik!" panics in the whole night.  We actually
> finished EARLY this time, with the final bid being 9:40 or so, not 10:40.
> 
> Some fun stats:
> 
> Gross income $2923.50, minus $869.40 paid to splits. Net is $2054.10.  
> 
> There were 289 lots auctioned in about two hours, which means 2.4 items
> per minute!  (Whew!  No wonder we were so pooped out by the end!)
> 
> There were 54 bidder cards issued.  The most number of items were bought
> by #147, who purchased 30 items, closely followed by #112, who bought 27
> items.  Seven people bought more than 10 items.
> 
> Nifty Table!
> 
>               General         Plant           General         Plant
>               2001            2001            2000            2000
> 
> Bidders               54              39              57              38
> 
> Items Sold    289             231             411             328
> 
> 
> So last year, we had about 120 more lots to sell (almost 50% more), which
> explains why it took an extra hour.  Likewise, same deal with the 2000
> plant auction, which I recall took us past 10 PM.  So it definitely helped
> us to keep the number of lots down (especially by combining the "six
> packs" of random manufacturer stuff).  It probably also helped that we
> didn't have an entire box of Fritz-Zyme and Jungle products.  I think for
> any of our auctions to get out on time, it's crucial to keep the number of
> lots down below 300 (I remember that the plant auction in 2000 was just
> brutal as well).
> 
>   - Erik
> 
> 
> On Wed, 11 Apr 2001, Hess, Clay A wrote:
> 
> >   Good Morning,
> > 
> > 
> >      I just wanted to take a moment and thank all of you, that helped last 
> > night, for the wonderful effort you put into making the Auction a very big 
> > success.  This was one of the smoothest Auctions I can remember, in my 20 
> > years with GSAS, and it has to be the biggest one we have ever had too!  I 
> > could not believe the amount of stuff we had to sell this year......and the 
> > quantity of fish was fantastic!  Looks like we will be sitting pretty good 
> > for our budget next year, for guest speakers and such.
> > 
> >     Thanx again to all of you that helped and made this a delightful 
> > Auction and made my job very easy, once more.....~smile~
> > 
> >     Clay Hess
> >     President
> > 
> 
> -- 
> Erik Olson
> erik at thekrib dot com
>