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Old 04-19-2022, 11:45 AM
marzoumanian marzoumanian is offline
Mark Arzoumanian
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Join Date: May 2016
Location: Chicago
Posts: 233
Default Consignor in CURRENT Auction

As a consignor in the CURRENT auction, I thought it would help to provide you with an up-to-date review of bid patterns on my item.
First day, April 7, started out slow in the $50 increments. Continued the same on the 8th and 9th. And then NOTHING for three days. On the 12th it started up again in the same $50 bumps. It heated up, moving $700 in one day. Then nothing until the 14th. Suddenly, a $600 leap in ONE day. Holy cow! Then nothing at all for FOUR days. Now it is creeping up again in $100 moves, a couple of bids a day. Slowly.
You get the picture. This is the free market at work and the way it should be. As others have already mentioned, you will go to bed this Saturday night, noting the price your item rests at. When you wake up on Sunday morning you will be stunned. Guaranteed. If you are bidding you MUST be resolved to staying up late if you REALLY want an item. That's just the way the market is nowadays.
Peace.
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