Newbie question Lipset's current auction

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Posted By: effe

This may be a stupid question, but one of his terms states...
"If you have not successfully bid on a lot before 6 P.M. November 5th and November 6th, the last nights of the auction, you cannot bid on that lot after 6 PM on the night of the auction. There are no exceptions to this rule."
What constitutes a successful bid? Does this mean your bid has to make you the current high bidder?

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Posted By: leon

Yes.....only a high bid would be "successful"....so far in all of my bidding in Lew's auctions he has not let me be successful as the "less than highest bid" bidder.....good luck.....and welcome to our game...

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Posted By: Anthony Nex

Is this different than Mastro? It seems (although I could be mistaken) that I've placed bids there and been immediately outbid by the proxy, but still won the lot later with a late nite (or early morning) bid.

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Posted By: Kevin Cummings

Although a proxy bid may have immediately bumped you out of the #1 spot, for one brief, shining moment you were the high bidder, so that bid was successful.

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Posted By: aaron1050

I was considering bidding on a lot that inlcudes a 1912 Burke & Atwell Boston Red Sox postcard in Excellent condition. Anyone know the approximate value of this item?

Thanks,
Aaron

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Posted By: leon

I just spoke with Lew and I stand corrected (I've never heard of being seated corrected). You do NOT have to have the high bid to be "successful". As he explained to me, even if there is a proxy bid above your bid, you will still be the high bidder for a moment....so ANY accepted bid, above the lot's current level, is a successful bid...hope this clears it up....now bid away (except on what I am bidding on)

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Posted By: runscott

I suggest not advertising the lots you plan to bid on - nothing I hate worse than to have plans to bid high on an item and then have a friend tell me that he plans to bid on it. Puts me in an uncomfortable quandry that I would rather avoid.

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Posted By: RobertS

The card in question was issued by "Burk & Attwell" (not Burke), the same folks who also issued a Philadelphia A's premium, as well.

Moreover, the Sox cards I've seen (two to be exact) were not postcards. One was blank-backed (see below) and the other had a stamped ad for a restaurant. Most importantly, the card is larger than postcards of the era. It most likely was a premium.

This doesn't mean, however, that Lew's card isn't a postcard (as he puts it: "what appears to be an excellent 1912 Burke & Atwell postcard"), although it, too, is likely blank-backed.

I've seen the Sox card go for $500 within the last two-three years, btw, but since I've only seen two transactions I have little on which to base an expected price for another.

Here's an image:



For a larger version of this image (in which you can read all the player names and the publisher credit line), you can visit this Web page and simply click on the photo to enlarge: http://www.vintageball.com/WhatsThis.html

I hope this helps.

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Posted By: aaron1050

NM

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Posted By: aaron1050

a reasonable bid without the needed information beforehand. You see my quandry?

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Posted By: Julie

what would be the point of a "limit" bid in the first place. Seller (and helpers) aren't supposed to even tell you if you are not high bidder, but they always do. But if you just want to throw a bid in for later consideration by you, it doesn't matter if there's a bid $1000 above yours--you're still good for after 6 closing night.

I always ask "Does that make me high bidder?" I like to be high bidder. It's sort of like keeping all your ...kings?...in the back row. I've forgotten. Anybody read "Catcher in the Rye" lately?