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  #1  
Old 04-14-2013, 02:05 AM
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boneheadandrube boneheadandrube is offline
Greg B.
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Join Date: Jul 2009
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Quote:
Originally Posted by Craig M View Post
Robert GT...I see that you probably think that every thread is pointless with your low post count since being a member here in 2009.

Why did you post today, it's pointless!!!
When "post whores" start threads like this it usually deters lurkers from participating. Thanks for creating a thread that tells others how you think they should bid on ebay. How should I order food at a restaurant? I need your input on that to be sociably acceptable, please help me.
GB
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  #2  
Old 04-14-2013, 03:48 AM
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Ken Madden
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Join Date: Feb 2013
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There is no one way. I put in early bids and I snipe and I get great prices both ways. I also get run over like a turtle trying to cross an interstate both ways.
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  #3  
Old 04-14-2013, 06:50 AM
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frankbmd frankbmd is offline
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Quote:
Originally Posted by boneheadandrube View Post
How should I order food at a restaurant?
GB
I recommend ordering the food before eating it and paying for it afterward.
Sometimes menus, especially those with pictures, are helpful.

As for bidding, there is more than one way to skin a cat.

Cat picture selected to attract rather offend lurkers.
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  #4  
Old 04-14-2013, 07:26 AM
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Rick McQuillan
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Default Bidding

I know some of you (many of you) think this thread is pointless, but as a buyer and a seller I enjoy the threads that discuss bidding habits, sniping, and closing auctions early. These threads give me some insight which may help me receive higher prices for the items I am selling and they may help me save some money on purchasing.

If a lot of people feel the way that Craig does, which is no bidding until the last few minutes of an auction, then that may support letting your ebay auctions run until the end even if you receive some decent offers to end an auction early.

This is the same reason that I enjoy Pawn Stars, Auction Kings, etc., because I can improve my negotiation skills and bidding skills from watching these shows. In fact, one of the guys that I have purchased many collections from told me the other day, "Don't go all Pawn Stars on me when you counter offer".

As far as the sniping goes, sometimes I will put in my max bids several days in advance and that is as far as I will go. I don't use a sniping service. The sniper still has to set their max snipe above my max price, and if I get sniped, that is OK because the sniper was willing to pay more than I will. If you let an auction sit at 99 cents for too long you might get several bidders involved who wouldn't be bidding if if the item was already bid up to $20. Then you get into Tony's scenario, where several bidders jumped in when the price was low and now their manhood is at stake and they don't want to lose.


It does seem that some of the newer members are making way too many pointless threads but I am enjoying this one.
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  #5  
Old 04-14-2013, 09:18 AM
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I think discussing bidding makes a good thread. We almost all bid in auctions for our cards. What could be more relevant to what we do? On ebay, I snipe with about 5-7 seconds left, approximately 95% of the time. In auction house auctions I usually put in a marker bid early, then wait till the last day and last hours to see how things shape up....and to decide what I will go for in earnest. Even if I HAVE to have something I will usually use these methods. Every now and then I will try the straight HIGH bid methodology very early on, in order to dissuade some bidders. But that usually doesn't work. I remember about 10+ yrs ago, it was the first day of a Lipset Auction. He had 8 of the E94 overprints in one lot. No bids were placed yet. I called Lew and asked how high I could do a straight bid. He said I could bid anything I wanted above the minimum. The starting bid was $1000. I told him to put an $8000 bid in for me. He thought I was crazy but did it. That was the first day and first bid on the lot. It held up for the next 2-3 weeks and I got it for that bid plus the BP. LL
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  #6  
Old 04-14-2013, 09:46 AM
travrosty travrosty is offline
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if you put your maximum bid in the first day and forget about it, you will either get the card or not. if sniping were to get a card for less, because someone else didnt get a chance to top your bid, then why is he willing to let time run out before he can put in a higher bid? that's stupid. he has a price where he is willing to go so he is just going to put that in as his snipe bid or early or whatever. it's just psychological but at the end of the day everyone is putting in their max bids one way or the other so either yours is higher than his or vice versa.
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  #7  
Old 04-14-2013, 09:58 AM
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Travis in a rational world you are right but in an irrational one when someone sees a bid he might decide to go higher even if it exceeds what his max would have been in a vacuum. Thus a reason to snipe and not show your hand.
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