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Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 6:34 pm
by FlyBri
Gday Team Oz!

The Federal Government has urged recipients of the latest Economic Stimulus Package to spend the money and not save it or place it onto debt. I urge you to go one step further and spend it in Australia - in Hurstbridge, to be precise! :geek:

Up for Auction today is a Peppercorn Tree (Schinus molle) which has been in training for just over 3 years. (Its history can be seen here at bonsaiTALK - you may need to register there to see the photos.)

The tree stands over 600mm tall x 600mm wide, and the trunk is about 100mm thick at the soil line - how's that for your 6:1 ratio? ;)

Here are the photos:
Peppercorn_For_Sale_01.jpg
Peppercorn_For_Sale_02.jpg
Peppercorn_For_Sale_03.jpg
Peppercorn_For_Sale_04.jpg
Now, I don't believe we've entertained the idea of Auctions here at AusBonsai.com, so I'm testing the water with this one. I'll throw together a list of conditions, and if anybody spots anything that I've missed, please speak up. Please feel free to request further information and/or photos of the tree if you think it will help with your decision to bid. Please take the bidding process seriously, as it may affect the possibility of future Auctions at AusBonsai.com.
Auction Terms and Conditions:

> All bids and requests for further information are to be made publicly within this thread. Private offers will not be considered.

> The Vendor reserves the right to withdraw the Auction Item at any time without notice or explanation.

> It is up to the Winning Party to cover all transportation and packaging costs for the delivery of the Auction Item. The transportation method will be agreed upon by the Vendor and the Winning Party, and will be as reasonably priced as practicable. [EDIT] (This Item will not ship outside of Victoria.) The vendor would prefer to ship within Victoria, but will ship interstate only if the Winning Bidder can supply documentary evidence that importing of the Auction Item is permitted within their State or Territory. The Vendor assumes no liability if the Auction Item is seized by the relevant authorities in the Winning Bidder's State or Territory.[/EDIT]

> The Vendor reserves the right to alter or amend the 'Auction Terms and Conditions' at any time during the Auction process. The Vendor agrees that if any alteration or amendment is made to the 'Auction Terms and Conditions', it will be announced publicly within the Auction Thread, at which time all Bidders will be allowed the opportunity to withdraw their current bid.

> By bidding on this Auction Item, you confirm that you have read and agree to abide by the 'Auction Terms and Conditions'.

> Only whole dollar values will be accepted in the bidding process.

>The Vendor reserves the right to spruik throughout the bidding process.

> This Auction will end on April 20th, 2009 at 1900hrs (EST).
Now that we've gotten the formalities out of the way, it's time to talk turkey. What is this tree worth? As you will see by checking the link to the tree's history, I paid $50AUD for the tree. The little orchid pan cost about $5. Let's assume that each year of my time is worth a whopping $5.

By my reckoning, we should start the bidding at $70AUD.

Any takers?

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 6:54 pm
by Asus101
Ill give $6 for it.

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 7:00 pm
by FlyBri
Asus101 wrote:Ill give $6 for it.
FlyBri wrote:Please take the bidding process seriously, as it may affect the possibility of future Auctions at AusBonsai.com.
:ugeek:

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 7:05 pm
by Asus101
I dont get the stimulus package, its all I got on me.
Besides, an auction needs a start bid :)

Oh that was supposed to be sixty, this keyboard is not the best.

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 7:40 pm
by FlyBri
Asus101 wrote:I dont get the stimulus package, its all I got on me.
Besides, an auction needs a start bid :)

Oh that was supposed to be sixty, this keyboard is not the best.
Gday Asus!

Good point about the start bid (of course you will have gathered that the reserve is at least $70).

Are you in Vic these days? If you care to make a road trip to Hursty you are more than welcome, but I should warn you that we have nowhere for you and your primate friend to sleep at our humble abode.

Any other takers? Genuine offers only.

Thanks.

Fly.

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 7:46 pm
by Asus101
I know its below reserve, being a member of OCAU I'm used to forum auctions. A good auction needs a beginning bid below reserve to get things moving.

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 7:51 pm
by FlyBri
Thanks chum! I knew I could count on you to get the ball rolling! :?

I guess the standing offer is $60AUD... :geek:

Fly.

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 8:22 pm
by Marc
I'm scared to put my hand up, i've got 5 x 11 year old ones already... do i need another...????

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 8:54 pm
by FlyBri
>The Vendor reserves the right to spruik throughout the bidding process.
Come on Marc! Can you really continue to live without this tree?

At $61AUD, it is a steal (and at that price, it makes my time and effort worth approximately $2 per annum... :| ).

Thanks.

Honest Fly, The Good Buy Guy.

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 8:58 pm
by Marc
oh the pressure :!: :!: :!: :!:

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 6th, 2009, 9:25 pm
by Elias
G'day Fly,
I'll bid $70 for it :D
It looks like a nice little tree.

Elias

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 7th, 2009, 6:18 am
by FlyBri
eliast wrote:G'day Fly,
I'll bid $70 for it :D
It looks like a nice little tree.
We have $70! Only 13 days to go!

Do I hear $75?

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 7th, 2009, 6:55 am
by Dave54
Hi FB
I am neither in Victoria nor particularly want another tree, but the tree is undervalued. Bidding should have started at $170 not $70 as the material has great potential.
To all the beginners out there, buy material that you can do something with and has huge potential.
cheers
Dave

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 7th, 2009, 7:25 am
by FlyBri
Dave54 wrote:...the tree is undervalued. Bidding should have started at $170 not $70 as the material has great potential.
Ladies and gentlemen!

This man knows quality when he sees it!

Let's get those bids up to save me the embarrassment of undercutting our local Bonsai nurserymen...

Re: Economic Stimulus? PEPPERCORN TREE AUCTION!!!

Posted: April 7th, 2009, 11:28 am
by anttal63
100ml base with flare and that kind of movement alone is worth minimum $120, if i didnt have 3 already i'd buy it. :D