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Old 06-13-2007, 02:31 PM
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Default Getting "deals" in Big Auctions??

Posted By: Hal Lewis

Do any of you have experience with scooping up "deals" in some of these mammoth-sized auctions by bidding on the items that have very few bids on them...

regardless of the item or whether you really want the thing or not?

In other words... we all know that auction houses start the bidding well below the "expected market price" of the items in order to get a lot of bidding activity on the item and to allow people to get their bids in before the "extended period" begins.

Do any of you just go and bid on every item that only has 1 or 2 or zero bids?

If so, do you have any good experiences to share about turning around some of the items for profit??

I am just wondering if perhaps some good but obscure items get "lost" in an auction with 1,600 items and whether buying them cheap is worthwhile?

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