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Outbid by two people on eBay on a Saturday night

I was just outbid on a coin and wasn't even the underbidder. How's that coin recession I keep hearing about on this board?

Comments

  • prices realized seem to be suffering, don't they?

    is that an indication of a lack of bidders?
  • Bid higher next time, Barnyard1908.
    If it's something you really want, add $10,000 to your max bid and bid at the last minute.
    A nuclear bid will win every time, and you only pay one increment more than the underbidder.

    Ray
  • Bayard1908Bayard1908 Posts: 4,095 ✭✭✭✭


    << <i>prices realized seem to be suffering, don't they? >>



    Not that I can see; however, proof type is supposedly one of the most active segments of the market right now.
  • relicsncoinsrelicsncoins Posts: 8,114 ✭✭✭✭✭
    That works ok as long as he doesn't have a shill with a snipe of $9k. Wouldn't that be nice to purchase a $100 coin for 9G and change.

    JJ
    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
  • I started doing buy it nows, with a price at .01 under PCGS price guide and telling everyone to send their best offers. Has worked out great and you would be suprised at how many people are just buying at that price and not sending offers.
    Life member of the SSDC
  • HTubbsHTubbs Posts: 4,138 ✭✭✭


    << <i>I was just outbid on a coin and wasn't even the underbidder. How's that coin recession I keep hearing about on this board? >>




    I honestly think that as Laura Sperber said, only the sub-par material is what is hurting. I deal many in toned material, what many would consider "above-par" and I haven't noticed any drop in purchasing. Sales have been very strong for me over the past few months. Heh, even coins with milkspots that I've had sold for good money...

    Hayden
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>Bid higher next time, Barnyard1908.
    If it's something you really want, add $10,000 to your max bid and bid at the last minute.
    A nuclear bid will win every time, and you only pay one increment more than the under bidder.

    Ray >>




    What if....

    What if two people use this same philosophy?

    COuld you not end up bidding $10,018 on an 18 dollar original bid?

    Just curious,
    Ray
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    I got out bid on many error coins tonight. Quality Major error coins have not seen a drop in prices. Many are one-of-kind. The mint really cracked down and not many get thru anymore. I don't seen how prices can go down much.

    ErrorsOnCoins

  • stevekstevek Posts: 30,339 ✭✭✭✭✭


    << <i>

    << <i>Bid higher next time, Barnyard1908.
    If it's something you really want, add $10,000 to your max bid and bid at the last minute.
    A nuclear bid will win every time, and you only pay one increment more than the under bidder.

    Ray >>




    What if....

    What if two people use this same philosophy?

    COuld you not end up bidding $10,018 on an 18 dollar original bid?

    Just curious,
    Ray >>



    What about two people with a million dollar "nuclear bid"? Good grief. LOL
  • BlindedByEgoBlindedByEgo Posts: 10,754 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Bid higher next time, Barnyard1908.
    If it's something you really want, add $10,000 to your max bid and bid at the last minute.
    A nuclear bid will win every time, and you only pay one increment more than the under bidder.

    Ray >>




    What if....

    What if two people use this same philosophy?

    COuld you not end up bidding $10,018 on an 18 dollar original bid?

    Just curious,
    Ray >>



    What about two people with a million dollar "nuclear bid"? Good grief. LOL >>



    All it takes is two "bidiots", and "KA-CHING!" image
  • I always bid the highest I am willing to pay in the last five seconds. Most of the time this works.
  • kazkaz Posts: 9,280 ✭✭✭✭✭
    Me too. And if I lose, no guilty second-guessing!
  • I'll bid what I wish to pay early on and then move on.... Maybe tweak it a bit in line with the graysheet bid/ask.

    I've seen a few 3 legged Buffalos and Morgan toners in the past few days go for PCGS prices, but not much else.

    I lose many, many auctions, because I'm cheap. But I don't get caught up. Still I've got a nice collection.

    There is always another coin a few hours or days behind.



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