As those of you who are participating in the Last Colony auction know, one of the rules I’ve set for the auction is that no bid can exceed a previous bid by more than $20. The reason for this is simple: This keeps the fakers from bidding up the price to unreasonable levels they never intend to pay, thus messing with the people who making legitimate bids. I thought putting a cap on each maximum bid would keep the auction on an even keel, and so far it has — we’re at $520 dollars in the bidding, which is really far beyond what I expected. I am humbled and gratified. Thank you.
Here’s the thing: The limit was set to make sure there would be only legitimate bids. And now I have I have someone who I know is a legitimate bidder, who wants to raise the bid to $5,000. The bidder is Bill Schafer, who is the publisher of Subterranean Press. I’ve done quite a lot of business with Bill over the last couple of years, so I know he’s good for the bid.
After much thought on the subject, I’m going to allow this bid. The goal here is to raise money for the John M. Ford Book Endowment, after all. $5,000 will go a long way in allowing the endowment to get where it needs to start buying books. For me to ignore a bid that does that, and that I know is legitimate, would make me, well, kind of stupid.
So: The current bid in the auction for The Last Colony is now $5,000. If anyone cares to bid above that amount, you can improve on it (and subsequent amounts) by up to $250 each turn. All other previous rules apply. Bid in the auction thread, not here. Again, please don’t bid unless it’s a serious bid; don’t waste my time, or the time of the other bidders. Thanks!