So there's an
internet coffee auctionhappening right now!
It was pretty exciting when I started following it (it started about 4 and a half hours ago), because I was under the impression the auction would last for just two hours - not potentially ALL NIGHT.
Anyway, last year this coffee fetched a price of *cough $99.99 per pound, a long long way from the recent COE auctions lots coming in at up to $15 per pound.
The format is interesting as well - the lots seems quite small at about 150kg per "item" or specific batch number.... From the website:
"There are 10 distinct batches. Every lot within a given batch is EXACTLY the same. The chart below shows alternating rows shaded to visually group the lots within each batch. For example batch ES5 contains lots ES5-01 through ES5-16 theoretically allowing up to 16 different bidders to acquire coffee from Batch 5."
So multiple bidders will share equal amounts of exactly the same batch.
So far the highest bid is for Batch Number Two, by bidder 583 - at $64.25 per pound!!