This series was to close on 19 Jul but has now gone below 100%.
http://www.logos.com/product/8502/henry-cowles-commentary-series
Will it close or not?
This sometimes happens when people cancel their bids at the last minute, dropping the price below 100%. As a result my guess is that it will not close July 19th as it says.
But this one moved so far below the production line, that it looks like they adjusted the final price. It seems like the same thing happened to the Colenso collection. As I recall, it didn't close and took another month before it topped 100%.
I can see a few people cancelling their bids: but that was a HUGE sudden drop of almost 15% (was close to going through the 100% at $30). Seems more like someone adjusted the expected production cost at the last minute....
Hello all,
This was our mistake. Our production cost estimate was delayed. We sent the book to community pricing with a guesstimate, and added a more precise number recently. That's why the sudden drop in percentage.
Bidding will remain open until it caps out at the new 100%. We're working to remove the closing notice as we speak.
Forgive me for the confusion?
Hello all, This was our mistake. Our production cost estimate was delayed. We sent the book to community pricing with a guesstimate, and added a more precise number recently. That's why the sudden drop in percentage. Bidding will remain open until it caps out at the new 100%. We're working to remove the closing notice as we speak. Forgive me for the confusion?
Thanks for the explanation Ray. It makes sense to me. Are not all the costs of production an estimate?
