You know how you take snipers out? With artillary; bid BIG and bid OFTEN! Do that, and I can almost gaurantee you will never be sniped again (unless someone else that reads this response)
If you make penny ante bids, you get beat. If you were willing to bid more, you should have bid more.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Like my folks used to say when playing Pinochle, just after taking a trick with their Ace that beat out the other person's 10: "Never send a boy to the mill."
I never thought that growing old would happen so fast. - Jim
it doesnt matter if you had the high bid since the listing started, in the end, he who is willing to pay the most, wins the coin. all bidders do is drive up the price. lay low and load a big snipe.
Yep, I usually snipe in the last 30 seconds or so on TT but I was trying to find where the buyback was at earlier in the auction and it just happened to be low. The whole point is that sitting on a bid until the end is not a good position to be in.
<< <i>it doesnt matter if you had the high bid since the listing started, in the end, he who is willing to pay the most, wins the coin. all bidders do is drive up the price. lay low and load a big snipe. >>
Zackly so. NEVER show your interest in an item by placing an early bid.
<< <i>Yep, I usually snipe in the last 30 seconds or so on TT but I was trying to find where the buyback was at earlier in the auction and it just happened to be low. The whole point is that sitting on a bid until the end is not a good position to be in. >>
I've done that myself a few times. If I REALLY want the coin though, I'll snipe myself.
“When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin
My icon IS my coin. It is a gem 1949 FBL Franklin.
"If I REALLY want the coin though, I'll snipe myself." Jcarney is right... I can beat the snipe programs.... however, you must be there, and tuned in... the last few seconds are critical... and high speed connection is mandatory. Cheers, RickO
<< <i>"If I REALLY want the coin though, I'll snipe myself." Jcarney is right... I can beat the snipe programs.... however, you must be there, and tuned in... the last few seconds are critical... and high speed connection is mandatory. Cheers, RickO >>
Actually Ricko, that's not quite what I meant.
I DO manually snipe on Teletrade, but if I really want a coin and I'm the high bidder and the price is ridiculously low, I will put in a snipe bid against myself to ensure that I win the coin.
I agree though, I can beat the snipe programs easily. If I have a 2 second snipe on Ebay, I'm disappointed.
“When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin
My icon IS my coin. It is a gem 1949 FBL Franklin.
all bidders do is drive up the price. lay low and load a big snipe.
Of course this presumes that there aren't a bunch of snipers all laying low at the same time. In which case, the final cost of the coin is still the same as what it would have been if you bid earlier.
<< <i>all bidders do is drive up the price. lay low and load a big snipe. Of course this presumes that there aren't a bunch of snipers all laying low at the same time. In which case, the final cost of the coin is still the same as what it would have been if you bid earlier. >>
Actually, occasionally two snipers load what is called a "nuclear snipe" assuming they will outbid the underbidder by one bid increment no matter what it is. So they bid $1000 on a $500 coin assuming at the worst they'll pay $550. But two guys do it and one ends up paying $1000. --Jerry
<<<Like my folks used to say when playing Pinochle, just after taking a trick with their Ace that beat out the other person's 10: "Never send a boy to the mill." >>>
Does paying more than what you can get it for make you smart? This statement makes no sense.
Here is the same coin on ebay with BIN that is less than what the next bid would have been. 1854 NGC MS62 $1G
Comments
World Collection
British Collection
German States Collection
<< <i>If you cannot bid with the big dogs... don't bother. You must be prepared to either bid high or snipe. Cheers, RickO >>
even when you snipe you gotta bid strong $$$
You guys should see the snipe I just won!
1854 Type 1 G$1
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>You must be prepared to either bid high or snipe. >>
Sometimes, you need to do both. The last auction I won, I sniped $100 more than I was thinking I'd need, just to be safe. I won by 4 bucks.
If you were willing to bid more, you should have bid more.
- Jim
<< <i>it doesnt matter if you had the high bid since the listing started, in the end, he who is willing to pay the most, wins the coin. all bidders do is drive up the price. lay low and load a big snipe. >>
Zackly so. NEVER show your interest in an item by placing an early bid.
<< <i>5 seconds left...had the high bid all day and poof. >>
That's why they wrote snipe programs.
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etexmike
<< <i>Yep, I usually snipe in the last 30 seconds or so on TT but I was trying to find where the buyback was at earlier in the auction and it just happened to be low. The whole point is that sitting on a bid until the end is not a good position to be in. >>
I've done that myself a few times. If I REALLY want the coin though, I'll snipe myself.
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>I buy using www.auctionsniper.com >>
On Teletrade?
Jcarney is right... I can beat the snipe programs.... however, you must be there, and tuned in... the last few seconds are critical... and high speed connection is mandatory. Cheers, RickO
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
<< <i>"If I REALLY want the coin though, I'll snipe myself."
Jcarney is right... I can beat the snipe programs.... however, you must be there, and tuned in... the last few seconds are critical... and high speed connection is mandatory. Cheers, RickO >>
Actually Ricko, that's not quite what I meant.
I DO manually snipe on Teletrade, but if I really want a coin and I'm the high bidder and the price is ridiculously low, I will put in a snipe bid against myself to ensure that I win the coin.
I agree though, I can beat the snipe programs easily. If I have a 2 second snipe on Ebay, I'm disappointed.
My icon IS my coin. It is a gem 1949 FBL Franklin.
Of course this presumes that there aren't a bunch of snipers all laying low at the same time. In which case, the final cost of the coin is still the same as what it would have been if you bid earlier.
<< <i>all bidders do is drive up the price. lay low and load a big snipe.
Actually, occasionally two snipers load what is called a "nuclear snipe" assuming they will outbid the underbidder by one bid increment no matter what it is. So they bid $1000 on a $500 coin assuming at the worst they'll pay $550. But two guys do it and one ends up paying $1000. --Jerry
<< <i>I agree though, I can beat the snipe programs easily. >>
<< <i>Jcarney is right... I can beat the snipe programs >>
How do you know when you're beating a snipe program? Maybe the other bidder manually sniped too, but just not high enough.
Does paying more than what you can get it for make you smart? This statement makes no sense.
Here is the same coin on ebay with BIN that is less than what the next bid would have been.
1854 NGC MS62 $1G