What would u do? (Bidding strategies)

Vegas-guy · #1 03-29-2018, 03:13 PM

Quote:

Originally Posted by hshrimps

I am trying to figure out what would u do if.....

You are building a 2nd T206 Cobb back runs and a 2nd Cobb BL460 just surface to the market. However, it is well known that someone has been buying one-of-one backs and building a T206 master set. This rich collector has a much deeper pocket and willing to pay whatever it take to own this Cobb BL460.

A, I will not bid heavily since I know I won't win and I don't want to bid too much to "inflate" the price in case a 3rd specimen come up in the future, so that it won't set an inflated price as a market value for the 3rd specimen.

B, I know that rich collector wants the card so bad, I will keep on bidding and make him pay an insane amount.

C, My budget is just $X and that's my max bid.

<<< I personally would go for A >>>>

I would bid as much as I was willing to pay for it and not worry about anyone else. If it goes past my "max" bid then it wasn't meant to be. Pockets are only so deep and "someone" will always have deeper pockets.

Rich Falvo · #2 03-29-2018, 03:16 PM

C

I wouldn't overthink it. If you want the card, bid your max.

RedsFan1941 · #3 03-29-2018, 03:16 PM

D. post on a message board as many distracting things as i could about the card to hopefully keep down the price.

bensie · #4 03-29-2018, 04:09 PM

Quote:

Originally Posted by Vegas-guy

I would bid as much as I was willing to pay for it and not worry about anyone else. If it goes past my "max" bid then it wasn't meant to be. Pockets are only so deep and "someone" will always have deeper pockets.

This is my strategy. I don't try timing my bids or anticipating what others are doing. When I see a card I like, I put in the max I'm willing to spend, and then I forget about it until I either get an 'outbid' email or an invoice.

mechanicalman · #5 03-29-2018, 04:57 PM

You were sad that REA doesn't have a Honus Wagner for you, so I'd save your money for the next one in Goldin.

BearBailey · #6 03-29-2018, 05:00 PM

C.

MVSNYC · #7 03-29-2018, 05:04 PM

A
B
C

...Always Be Closing.

JollyElm · #8 03-29-2018, 05:21 PM

For reality, just find your max and put it in at the right time. But...to have some fun at the expense of the rich guy, rub your hands together in a sinister fashion and 'hate-bid' (TM pending) him waaaaaaay up!!!!

commishbob · #9 03-29-2018, 07:36 PM

Quote:

Originally Posted by MVSNYC

A
B
C

...Always Be Closing.

GGGR reference FTW.

I�m retired and stick to a hobby budget. My auction strategy is always the same. If I see something that I want to bid on I set my price and then an alarm for the morning of the closing day. If the item is still attainable that last day I bid. My reason for waiting is to avoid being �locked in� to an item when it�s possible that an unexpected expense might arise in the meantime . It�s a hobby for me after all, not a business.

BruceinGa · #10 03-30-2018, 09:31 AM

C-When I see a card I would like to own on eBay, I snipe it and that's as high as I will go.

Rhotchkiss · #11 03-29-2018, 05:34 PM

Quote:

Originally Posted by mechanicalman

E. You were sad that REA doesn't have a Honus Wagner for you, so I'd save your money for the next one in Goldin.

Is Goldin really having a Wagner?

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