We slam sellers a lot for closing no reserve auctions in the last second..

Russ

Well, here's an example of one with the stones to stay the course.

That puppy was at the opening bid of $149.95 with 30 seconds to go, and I know the seller had to be gritting his teeth. Kudos to him for letting it ride!

Russ, NCNE

JrGMan2004

What do these usually sell for Russ?

Russ

<< <i>What do these usually sell for Russ? >>



Right around what it ended up closing at.

Russ, NCNE

nwcs

Wow, I'd be nervous as heck, too!

Bunker

This is one of my auctions....I think he came out ahead....

OOPS!

Another OOPS

On the $2 dollar note he won 3 auctions and I combine shipping so I didnt make it up there either...The joys of ebay...

Russ

Damn, Bunker, list a pile of those!

Russ, NCNE

TonedCoinTrader

I allways let my auctions ride and will continue to. After all it is a "auction" right?

Scott

Bochiman

Bunker.....just use the old Packard Bell motto "sell at a loss and make up for it in volume"

Bunker

Damn, Bunker, list a pile of those!

They were both crappy notes but I thought I would at least get face value for them....I always thought that star notes brought a slight premium...now I know that It takes 25% of the value away...

ziggy29

And all it took were two people willing to bid it up to $400, one being a sniper.

BaronVonBaugh

On star notes most collectors I ever knew wanted them as crisp uncs. Lower grades you should probably list at face value.

sliderider

I got my 96W Dime from him and I've been monitoring his listings since then. Good seller IMO. I do hate when a seller closes an auction early due to lack of bids, though. Makes me even more angry when the auction closes at the minimum bid then seller refuses to follow through. I was nice ONCE about that and didn't neg, but I think the next time it happens, I neg. If you don't want to sell a thousand dollar coin for a buck, then use a reserve or minimum. Don't curse me out in emails because I dropped in a dollar bid in the last 2 seconds and won.

DHeath

I wonder how many watchers there were. That might be a strong motivation to let the auction run. Good for the seller for staying, regardless of the reason.

my3cents

You pay yur money - you take yur chances.

That's an auction.

You wanna put in a BIN or reserve? Not a real auction. I ALWAYS start at .99 and let 'em run. Some end up good, some end up GREAT, and then some - well.... ya pay yur money, ya take yur chances

sliderider

Bunker,

I'll pay you $15 for $20 all day long!

lathmach

One thing that helps a seller now is being able to see the number of people that have a item on their watch list. The more watching, the greater the chances of sniping.

Ray

Shamika

Thank God for snipers.

I've not sold anything on eBay for quite some time, but once I had two auctions that I thought for sure I would take a bath on. With less than 10 seconds left in each, a sniper showed up and saved my butt.

MSD61

My auctions go to the end. None of this pulling early BS. Right now I have 6 auctions going. 5 with watchers, one with a bid and they will got to the end.

earlwbollinger

Many Kudos to Bunker.
I do the same thing, I let the auction go to the very end.
So far the snipers go rampant at the end and I do OK or Great, depending on how things go.

I've been to a couple of live auctions where I bid on something, and won.
When I went to pay for the item, they told me it was cancelled, using one lame excuse after another.
It really irks me to no end.
Then we have Ebay and they do the same thing too.

I wonder how many of those "big" auction clearing houses do this as well.
The "lost the coin in the back room" story seems to be a really lame excuse to me.
I thought they had tight security.