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#1
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Posted By: leon
No need to say anything specific I just thought I would get a pulse of how our members are doing on this topic. |
#2
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Posted By: Joe D.
I have about five bids going in REA. |
#3
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Posted By: Jeff Lichtman
The problem with the auctions is that whoever is leading today has a very small chance of leading at the end of the auction unless they are prepared to throw in a few more bids -- especially so in REA in which the extended bidding period is 47 days long (ok, slight exaggeration). I propose gathering a group of bidders -- with pitchforks and torches -- and proceeding over to the REA mansion in Watchung and 'convincing' Rob to end it at a reasonable hour. Of course, while we're all doing that some jerk will be at home on his computer outbidding us on all of our precious cards. |
#4
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Posted By: leon
I realize what I was asking is very preliminary because it really all happens in the last hours. That being said I just thought it would be good to get some perspectives... To me it looks like the hobby is quite healthy even though the economy is faring much worse.... |
#5
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Posted By: chris
As of yesterday i was 4 for 4 in the REA,now i'm 3 out of 4 but as you know that means nothing at this point! IT'S way to early to know anything at this point. |
#6
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Posted By: Jerry Hrechka
Still live on some NonSports sets |
#7
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Posted By: Phil Garry
I'm already done with Legendary for today's lots........... |
#8
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Posted By: MJ
I'm out 3 out of 3 on the REA, I'm up on 3 out 7 on HA, and Ebay I'm up....I think 27 out of 48....not too bad....sad about the REA one's though! Rawrrrr! |
#9
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Posted By: barrysloate
There's no practical reason to be high on any lots now in either auction. You'll win or lose them at the end. |
#10
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Posted By: leon
I would disagree slightly with your analysis of there being no reason to be high on a lot now, far before an auction close. I think/know there are some lots that get all of their action before the close. If you are high bidder on a lot that would be a $2000 (retail) lot, and you are high at $1800...then there is a chance you will get it for that amount. If the lot is still far below retail (whatever that means) then I agree. |
#11
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Posted By: Ken Wirt
Looking to grab one card in REA. Haven't yet decided my max, so am waiting a bit longer before I place it. The last two years, I've focused on one thing in REA and have won both. Kinda the way I like to roll. |
#12
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Posted By: barrysloate
Yes, if you reach your max early no reason not to get one last bid in and hold your breath. But if you are a little below your max, or below fair market value, and bid now, there is a very high probability you will be topped. |
#13
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Posted By: nbrazil
have a few bids in REA and Goodwin, with one high bid in each auction. some of the cards i put in early bid are pretty much out of reach for me at this point. hoping that the two or three cards that are still within by budget wont move up too much the next week or two. |
#14
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Posted By: Michael Steele
I just have to say that leon is a buying machine! 130 bids on different lots. Wow. He has replaced Mr. Mint has the new buying machine. Of course he still has to win some but your diversity amazes. |
#15
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Posted By: Matt
Mike - with bids on 130 lots, it would surprise if you didn't bid on something leon did. |
#16
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Posted By: Rob D.
We'd like to reveal how we're doing, but unfortunately that would negatively affect the bidding strategies we have formulated. |
#17
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Posted By: Jim VB
I'm sure you'll have the penultimate bid on several lots. |
#18
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Posted By: Rob D.
Death threat sent. |
#19
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Posted By: leon
Even though bids are important it's generally the #1 and #2 bidders that are the most important to a realized price on a lot. Bids early on really mean very little except that I can play in extended bidding periods. If I have one bid that holds as of right now...in any of the auctions, I would be surprised. I am not the one to worry about. Barry on the other hand...watch out for that guy!! He gets ya' where you are almost in a sleep and WHAM!!.....He goes in for the kill, like a UFC/MMA Champion. Those are the bids that count. |
#20
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Posted By: Dave F
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#21
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Posted By: Cat
I have done some analysis and found that roughly 80% of all lots have just 3 bids left before final sales price when the auction has just 36 hours remaining. I have bid on 18 lots in REA (in the lead on 3) and 8 of those lots I would gladly go three additional bid increments higher. So I plan on winning 6.4 lots. |
#22
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Posted By: Steve Dawson
Well, it looks like I won the only lot I was bidding on in Legendary's auction tonight! |
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