I think we have found that big tanks generally go for big bucks at GSAS auctions. People are willing to pay the retail price, sometimes a little more, because they know it's going entirely to the club. All it takes is two people who want it, and you've got $100+ guaranteed. And I guarantee you've got at least one one this list alone interested.
- Erik On Tue, 31 Mar 2009, Phil Lacefield Jr. wrote:
>>Do you guys think a raffle would generate more $$ than auctioning the tank off considering the number of people we get?? The tank is a donation; if we get one dollar for it, thatʼs one more dollar than we had before. Hereʼs my take on it: if I auction the thing, only a few people will bid on it, because itʼs such an unusual shape and size. Not everyone can use it (as opposed to a 10gal, 55gal, etc.), not everyone had the space for it, and not everyone will want to pony up for the proprietary stand, hood and such (whereas a 55gal and the like can be set on pretty much any flat surface.) If I auction it off, I donʼt anticipate getting very much for it at all. I canʼt start the bidding too high as no one will open; if I start it at a dollar, itʼs likely not going to go very high, as the people who DO want it will be few and far between, and interest will most likely peter out quickly. If we raffle it, along with some other things, weʼre going to get a LOT of money for raffle tickets (at a buck a pop, or 6/$5), and most likely more dues-paying members (because you need to be a member to buy tickets.) Both raise more money for the club than just auctioning the thing off. PLUS, if we wait to do the raffle at the VERY END of the auction, more folks will stick around longer (I hope) and we can sell tickets right up to the very end. Again, just my two bits worth. Phil
-- Erik Olson erik at thekrib dot com
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