Bidding Early, why?
CDC4
Posts: 276
Can some of you enlighten me the purpose of bidding early on auctions and bumping the price? Most of the time it serves no point since they will ultimately get out bid later.
So when you bid early do you think you're actually going to win that lot?
So when you bid early do you think you're actually going to win that lot?
Buying 1957 Baseball PSA 8 or higher. Especially Checklists, and Contest Cards. Topps1957psa8set@aol.com
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R73 1933 Goudey Indian Gum - Series 288 - Nos. 118
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1. To track it, without having to add it to my watch list (Too often I already have 100 items being watched)
2. To announce my intentions. Many times I have won a great card with little competition, as I believe others that I compete with on a regular basis see my bid, and decide not to even bother and challenge me.
<< <i>I don't have the time or energy to stress over shill bidding or snipes or shipping charges. >>
I wish I had the money to not worry about shilling or other people driving my bid up. Sniping is the only way I do it. As a seller though, I hate sniping. The item almost always goes for rock bottom if I don't get many early bids.
Nathan has an excellent one in that many sellers will end an auction early only if there are no bids.
Others as Art says have no intention of winning but they want to track the bid.
Another point is that if you see Spence or Louchios or ShoppingLucy bidding its easy to give up thinking I will never beat these guys on something they want. On the other hand, its easy to bid them up if you want to see them pay for what they get.
Ever since one of my buds told me that certain sellers were having their friends bid up bidders known to be high bidders on cards they want, I snipe everything.
Dav
When I'm really interested in an auction, sometimes I'll bid low - but my snipe will be 10-20x [or more] of my original bid. It's just a tracking mechanism for me.
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DM
<< <i>
<< <i>I don't have the time or energy to stress over shill bidding or snipes or shipping charges. >>
I wish I had the money to not worry about shilling or other people driving my bid up. Sniping is the only way I do it. As a seller though, I hate sniping. The item almost always goes for rock bottom if I don't get many early bids. >>
We all have one thing that Bill Gates, with all his billions, can not buy and that is 24 Hrs. per day. You can always get more money but you cann't buy time.
That's why I bid on what I want and if I get it at my price - that's great. If not there is always tomorrow when something else will be available.
I don't worry or care if someone is trying to get a few extra bucks, they will end up with a few extra dollars. I'll have more time to enjoy my life.
R73 1933 Goudey Indian Gum - Series 288 - Nos. 118
Also looking for 1953 Parkhurst & 1953 Quaker Oats Ripley's BION.
If you have any available for sale PM me
<< <i>I only bid early to knock off a "Buy It NOW".
DM >>
This is one of 2 reasons why I may bid early. The other reason is if I can't get to a computer and have no free snipes left. Then I must bid the max I'm willing to pay. This might happen once a year.
Donato
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That really blows!
This is the type of thing we need to share on these boards. If I had proof of a dealer doing this, even if it was one of my favorite sellers, I'd NEVER bid on the guys cards again. PERIOD!
I'd sing it from the highest hilltop too. List it everywhere I could & email anyone bidding on his stuff.
Again, That really blows!
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Morg, you're saying that's okay?
I think its actually larceny. At the very least its deception or even shill bidding. These are not terms I want associated with the dealers from whom I purchase my cards.
It's bad for buisness if high dollar cards like a 53 Mays start bringing 60% of SMR.
It's also bad for business to screw your customers.
JMO, Bob C.
61 Topps (100%) 7.96
62 Parkhurst (100%) 8.70
63 Topps (100%) 7.96
63 York WB's (50%) 8.52
68 Topps (39%) 8.54
69 Topps (3%) 9.00
69 OPC (83%) 8.21
71 Topps (100%) 9.21 #1 A.T.F.
72 Topps (100%) 9.39
73 Topps (13%) 9.35
74 OPC WHA (95%) 8.57
75 Topps (50%) 9.23
77 OPC WHA (86%) 8.62 #1 A.T.F.
88 Topps (5%) 10.00
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