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ever get outbid in an auction and think to yourself...

HyperionHyperion Posts: 7,520 ✭✭✭
in U.S. Coin Forum
*whew*

image
My Ebay (None)

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    BanemorthBanemorth Posts: 986 ✭✭✭
    Several times.

    image
    Justin From Jersey

    Successful Transactions With: JoeLewis, Mkman123, Harry779, Grote15, gdavis70, Kryptonitecomics
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    UtahCoinUtahCoin Posts: 5,366 ✭✭✭✭✭
    Yes, more times than I should.
    I used to be somebody, now I'm just a coin collector.
    Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
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    IrishMikeyIrishMikey Posts: 1,561 ✭✭✭
    Nope. I have yet to get caught up in "auction fever." I have seen it in action a few times.
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    commoncents05commoncents05 Posts: 10,102 ✭✭✭
    All the time.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com
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    BryceMBryceM Posts: 11,941 ✭✭✭✭✭
    Yup.

    ...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway?
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    kimber45ACPkimber45ACP Posts: 2,399 ✭✭✭
    A few times.
    Usually on coins I bid on without doing research first.
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Yes just last night! image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    123cents123cents Posts: 7,178 ✭✭✭
    Absolutely!image
    image
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    messydeskmessydesk Posts: 20,864 ✭✭✭✭✭
    Not at the time I get outbid, but later down the road if I find a nicer coin or a better value, I retroactively do.
    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
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    elmeisterelmeister Posts: 117 ✭✭
    watching others recklessly bidding away has saved me a few times from myself...

    I'd say that participating "live" w/ heritage has done the most damage (or potential damage)... just too easy to click one more time... lesson is to give it your best bid first and let it ride...

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    johnny9434johnny9434 Posts: 34,526 ✭✭✭✭✭
    i think we all have at one time or another. image
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    BanemorthBanemorth Posts: 986 ✭✭✭


    << <i>watching others recklessly bidding away has saved me a few times from myself...

    I'd say that participating "live" w/ heritage has done the most damage (or potential damage)... just too easy to click one more time... lesson is to give it your best bid first and let it ride.. >>



    Best advise out there. That's what I do now.
    Justin From Jersey

    Successful Transactions With: JoeLewis, Mkman123, Harry779, Grote15, gdavis70, Kryptonitecomics
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    NewParadigmNewParadigm Posts: 1,322
    More than I like to admit
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    tightbudgettightbudget Posts: 7,299 ✭✭✭
    More than once
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    Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>Yes, more times than I should. >>




    image

    And then there are thooghs times when I went, WOW, I would have never thought I would win.
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    Lehigh96Lehigh96 Posts: 685 ✭✭✭
    As one of the most reckless bidders in history, I actually get mad first, then go WHEW!
    <a target=new class=ftalternatingbarlinklarge href="http://stores.ebay.com/Lehigh-Coins">LEHIGH COINS on E-Bay
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    ModernCoinModernCoin Posts: 394
    HA is one thing, but when it comes to eVilBay this is why I use a sniping service. Not only does a snipe service keep me from bidding more than I should, but it keeps people from rebidding against me as the snipe comes in with just a few seconds to go image.
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    SpkrmakrSpkrmakr Posts: 110 ✭✭✭
    Hopefully again tonight! Don't feel like the Lone Ranger. I blame it on alcohol.
    Spkrmakr
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    renomedphysrenomedphys Posts: 4,030 ✭✭✭✭✭


    << <i>Yup.

    ...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway? >>


    There is nothing wrong with ensuring that the coin sells for its true market value.

    Empty Nest Collection

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    NewParadigmNewParadigm Posts: 1,322


    << <i>Hopefully again tonight! Don't feel like the Lone Ranger. I blame it on alcohol. >>



    HAHA... I learned that the hard way... never booze and bid lol
    I think I just came up with a new line
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    etexmikeetexmike Posts: 6,852 ✭✭✭
    Just happened in the FUN Heritage auction. image


    Mike
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    DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    Yepimage
    Becky
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    bulldozerbulldozer Posts: 137
    oh yeah...
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    keyman64keyman64 Posts: 15,650 ✭✭✭✭✭
    YUP! Once, thank goodness.
    "If it's not fun, it's not worth it." - KeyMan64
    Not really looking for much these days but if I were, it might be a toner. :smile:
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    jt88jt88 Posts: 3,575 ✭✭✭✭✭
    yes, especially after HA changed their credit card payment policy to $2500 only. I am so happy that I was outbid on all my lots today.
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    HotfootspinHotfootspin Posts: 430 ✭✭
    yep, but not as often as I think "rats"

    The Secret Of Success Law:
    Discover all unpredictable errors before they occur.
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    RYKRYK Posts: 35,801 ✭✭✭✭✭
    About a gazillion times.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
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    slincslinc Posts: 480 ✭✭
    Many many times.. I went hard after this coin the other night then decided as I was typing in the last 0 on $1000 to just let it go.
    link
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    WindycityWindycity Posts: 3,608 ✭✭✭✭✭
    Yep... and I have had a number of times when I was outbid by one increment and kicked myself! When I win, I always wonder if I over paid... After all, no one else wanted to pay that much!!
    <a target=new class=ftalternatingbarlinklarge href="http://www.mullencoins.com">Mullen Coins Website - Windycity Coin website
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    stealerstealer Posts: 4,044 ✭✭✭✭
    Yes, I bid too high because I thought it was a variety it wasn't image
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    magikbillymagikbilly Posts: 6,780 ✭
    No? image

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    crypto79crypto79 Posts: 8,623 ✭
    I am looking for one of these and put in what I thought was a strong bid only to be sniped at the last sec. While it is a rare coin that one is truly ugly and over graded.
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    Mission16Mission16 Posts: 1,413 ✭✭✭
    Yeah. But it wasn't a coin. It was a trackhoe and when it stalled on my bid, it suddenly occurred to me "How the He77 am I gonna get this thing home?" Luckily it was just a stall.
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    melvin289melvin289 Posts: 3,019 ✭


    << <i>

    << <i>Yup.

    ...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway? >>


    There is nothing wrong with ensuring that the coin sells for its true market value. >>




    He shouldn't have bid so much.

    Ron

    image
    Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
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    breakdownbreakdown Posts: 2,406 ✭✭✭✭✭


    << <i>Hopefully again tonight! Don't feel like the Lone Ranger. I blame it on alcohol. >>



    Yeah, I have often wondered if Heritage or Stacks should serve up alcohol at auctions to encourage loose bidding. Works for the casinos.image

    "Look up, old boy, and see what you get." -William Bonney.

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    PerryHallPerryHall Posts: 47,821 ✭✭✭✭✭
    If I'm out bid, someone else overpaid for the coin.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    CCC2010CCC2010 Posts: 1,997 ✭✭✭
    Guilty as charged. image
    References:Coinsarefun,DerryB,Bloodman,Zubie,Gerard,Skyman,Bestclser1,Lakesammman,Yellowkid,PerryHall,Piecesofme,HTubbs,grote15
    Coinfame,Kaelasdad,Type2,UNLVino,MICHAELDIXON
    Justacommeman,tydye,78saen,123cents,blue62vette,Segoja,Nibanny
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    astroratastrorat Posts: 9,221 ✭✭✭✭✭
    Not as many times as I wished! image
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
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    astroratastrorat Posts: 9,221 ✭✭✭✭✭


    << <i>If I'm out bid, someone else overpaid for the coin.image >>

    Now that's the attitude of a market maker!
    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    I never lost on a coin I really wanted due to my master sniping technique..image, I have bid on coins, and then watched as they went beyond what was reasonable, and those coins were not a 'must have' situation.. so I let them go. Cheers, RickO
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    ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭
    Yes, but not often.

    And in a few of those cases, the crazy price someone else paid didn't seem so crazy a year or two later.
    Coin Rarities Online
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    DAMDAM Posts: 2,410 ✭✭
    Not too often. As a collector I "hope" I can sell higher, when the day comes; either for me or my heirs. In the past 25 years of serious collecting I haven't sold much. So a higher than market bid, as long as it's not too much over current market (and that depends on the coin), doesn't bother me. It's the coin(s) that's been off the market for a few decades, or is very low pop that sometimes gets me in trouble. I've had a "whew or two" with those. And in one case wish I would have kept going. I guess I can say I "usually" go into an auction with the intent to get what I'm bidding on. Because I don't bid on anything I don't really want. At the same time, I set what I believe are realistic max bids for myself, based on my time horizon for selling.





    Dan
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    SaorAlbaSaorAlba Posts: 7,593 ✭✭✭✭✭
    Or not, and wonder WTF was I thinking when I kept pounding the "bid" key - especially after the auctioneer went "wow" after my successful bid.image

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