I wish people on eBay would learn how to bid

TopographicOceans

Bidder #1 was the high bidder, then bidder #2 out bid him.

Then bidder #1 hacks away at it and finally bids $399.99 and reveals bidder #2 has a max bid of $400.

I set my snipe for $525

Instead of letting #2 own it at $400, #1 comes back and bids $425.

This triggers a bidding war between these two and #2 is currently at $660 with 3 hours to go.

LET THE OTHER GUY BE THE HIGH BIDDER

I may have to put in a nuclear snipe, but if #1 would have left it at $400 and came back and sniped it for $425, I still could have won it with my original snipe.

MilkmanDan

Lot of assumptions there.

cmerlo1

Sounds like the seller is the winner.

TopographicOceans

Originally posted by: cmerlo1
Sounds like the seller is the winner.

That's the truth.

I wish these people would show up on my auctions.

I list a $100 coin for $9.99 and a sniper gets it for $16

mercurydimeguy

Originally posted by: TopographicOceans

Bidder #1 was the high bidder, then bidder #2 out bid him.







Then bidder #1 hacks away at it and finally bids $399.99 and reveals bidder #2 has a max bid of $400.





I set my snipe for $525









Instead of letting #2 own it at $400, #1 comes back and bids $425.





This triggers a bidding war between these two and #2 is currently at $660 with 3 hours to go.





LET THE OTHER GUY BE THE HIGH BIDDER





I may have to put in a nuclear snipe, but if #1 would have left it at $400 and came back and sniped it for $425, I still could have won it with my original snipe.

I might be on an island here but to me this is a difficult post not to have a very negative reaction to, so for sake of comradarie I will just say that if you really believe what you posted, and not merely venting frustration because you don't want to pay for a coin as much as someone else is willing to pay, then you and me my friend are in different hobbies.

BillJones

Hey, they bid more than you did. Welcome to the world of auctions where overpaying is a way life. Just because someone else is willing to pay almost as much as you doesn't mean that the item won't sell for less, sometimes a lot less, in another venue.

The snipe thing is one of the reasons I almost never bother with eBay. At in a legitimate auction you almost always get out bid by the next increment or the cut bid increment. You don't end up losing by a cent.

amwldcoin

Originally posted by: mercurydimeguy

Originally posted by: TopographicOceans

Bidder #1 was the high bidder, then bidder #2 out bid him.







Then bidder #1 hacks away at it and finally bids $399.99 and reveals bidder #2 has a max bid of $400.





I set my snipe for $525









Instead of letting #2 own it at $400, #1 comes back and bids $425.





This triggers a bidding war between these two and #2 is currently at $660 with 3 hours to go.





LET THE OTHER GUY BE THE HIGH BIDDER





I may have to put in a nuclear snipe, but if #1 would have left it at $400 and came back and sniped it for $425, I still could have won it with my original snipe.

I might be on an island here but to me this is a difficult post not to have a very negative reaction to, so for sake of comradarie I will just say that if you really believe what you posted, and not merely venting frustration because you don't want to pay for a coin as much as someone else is willing to pay, then you and me my friend are in different hobbies.

I agree with you!

sparky64

Originally posted by: cmerlo1

Sounds like the seller is the winner.

TommyType

The only "rule" of bidding I recognize: He who wants it the most usually wins.



Go nuclear, or nickel and dime it up....doesn't matter. Both methods are a short term step in getting to the winners bid.

CoinRaritiesOnline

I'm confused. Which bidder is the consignor? ;-)

GotTheBug

.

mariner67

Originally posted by: GotTheBug
If you want the coin more than they do you should bid accordingly. Just because they are willing to pay up for it doesn't make them "idiots".

+1

DollarAfterDollar

The question I have is: was your top bid so low that it was covered or was it a reasonable bid?

lkeigwin

As a buyer it is annoying when two auction newbies compete like this well before the auction's end. Emotions take over and the price gets run up to an absurd amount.



As a seller it is a joy to behold.

Lance.

ebaybuyer

one trying to intimidate the other, likely neither one will win it all they do is drive up the price... and they are too dumb to know it

davewesen

I also hate it when I set a snipe bid for a good deal and some rubes come along and bid it up to full retail. What's up with that?

savoyspecial

Want it real bad? ----------------> Bid more



that's all

Coin Finder

Link?

TopographicOceans

Originally posted by: ebaybuyer
one trying to intimidate the other, likely neither one will win it all they do is drive up the price... and they are too dumb to know it

On eBay the auctions end at a fixed time.
It is not important who is ahead hours before the auction ends
Just sit back and relax and let the other bidder fall into complacency thinking they've got it in the bag.
Getting into a bidding war hours in advance of the auction end time makes no sense.

COCollector

I'm guessing the OP would be much happier with "Buy-It-Now-or-Best-Offer" listings.

TopographicOceans

Upon further review, there was a 3rd bidder that triggered the war.

y***c put in a bid of $399.99 which revealed r***r's bid of $400.00

He stopped at that point, which was the smart move

Then a 3rd player s***0 put in a bid for $425 and was the high bidder.
That's what triggered r***r to put in a bid of $650

y***c chased it up to be the high bidder @ $660, then r***r came back and bid $670

I didn't see s***0's bid, which is what triggered r***r to rebid.

So y***c was doing the right thing by stopping at $399.99 since $425 would have won it if nobody else came in.

But the 3rd player spooked r***r to go to $650, not y***c.

Oh well.

Member Id: r***r( 26Feedback score is 10 to 49) US $670.00
Jan-20-16 13:34:21 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $660.00
Jan-20-16 12:33:16 PST


Member Id: r***r( 26Feedback score is 10 to 49) US $650.00
Jan-20-16 05:08:27 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $640.00
Jan-20-16 12:33:08 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $620.00
Jan-20-16 12:33:05 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $600.00
Jan-20-16 12:32:53 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $580.00
Jan-20-16 12:32:51 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $560.00
Jan-20-16 12:32:48 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $540.00
Jan-20-16 12:32:44 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $520.00
Jan-20-16 12:32:42 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $500.00
Jan-20-16 12:32:36 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $475.00
Jan-20-16 12:32:17 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $450.00
Jan-20-16 12:31:54 PST


Member Id: s***o( 473Feedback score is 100 to 499) US $425.00
Jan-20-16 11:34:41 PST


Member Id: r***r( 26Feedback score is 10 to 49) US $400.00
Jan-20-16 05:07:13 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $399.99
Jan-20-16 07:17:00 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $375.00
Jan-20-16 07:16:31 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $350.00
Jan-20-16 07:16:07 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $325.00
Jan-20-16 07:15:40 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $325.00
Jan-20-16 07:15:40 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $300.00
Jan-20-16 07:15:21 PST


Member Id: 1***7( 165Feedback score is 100 to 499) US $280.00
Jan-19-16 13:11:30 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $227.00
Jan-16-16 06:42:44 PST


Member Id: 1***7( 165Feedback score is 100 to 499) US $225.00
Jan-15-16 20:04:19 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $219.00
Jan-16-16 06:42:40 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $204.00
Jan-16-16 06:42:34 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $189.00
Jan-16-16 06:42:29 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $174.00
Jan-16-16 06:42:26 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $166.00
Jan-16-16 06:42:22 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $161.00
Jan-16-16 06:42:19 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $155.00
Jan-14-16 12:32:57 PST


Member Id: 1***7( 165Feedback score is 100 to 499) US $150.00
Jan-14-16 12:22:15 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $140.00
Jan-14-16 12:32:53 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $124.99
Jan-14-16 12:32:47 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $66.66
Jan-14-16 07:41:46 PST


Member Id: 1***8( 462Feedback score is 100 to 499) US $45.00
Jan-14-16 03:09:37 PST


Member Id: y***c( 788Feedback score is 500 to 999) US $41.00
Jan-13-16 19:13:27 PST


Starting Price US $39.99 Jan-13-16 17:40:08 PST

AUandAG

Sure looks like you don't know the market for this example (whatever it is)....best rethink it.



bob



PS: how often does one come up? Do you really want this example?? Are you going to keep looking for it hoping it comes back on the market?

TopographicOceans

Originally posted by: AUandAG
Sure looks like you don't know the market for this example (whatever it is)....best rethink it.

bob

PS: how often does one come up? Do you really want this example?? Are you going to keep looking for it hoping it comes back on the market?

Well I don't know the market and I've never seen one of these before.

I put a snipe in for $727, but it didn't trigger because it was too low and it sold for $760.

It wasn't a coin, but an art sculpture from Brazilian artist Abraham Palanik.
We have a collection of these (mostly fish) and this was a large 15" piece. I paid $250 for a 6" version so this would have been a good addition.

Auction Link

Before you make fun of me, remember you collect circular pieces of metal

Unknown

This content has been removed.

JCMhouston

They got the coin and you didn't. Sounds like an auction to me.

1Bustcollector

If a bidder "hacks away" more than 3 times and doesn't become the high bidder....it doesn't make me feel comfortable. I know , I know, I cannot change the way things are - but I accept it for what it is.

MonsterCoinz

I think the premise here is that a buyer can almost always get a coin cheaper when he/she sets a snipe than having a bidding war with 3 days left.

TopographicOceans

Originally posted by: mach1ne
I think the premise here is that a buyer can almost always get a coin cheaper when he/she sets a snipe than having a bidding war with 3 days left.

Exactly correct

I always snipe and don't understand why everyone doesn't.

You put in your max bid and nobody can hack away at it in the last few seconds.

If it's the high bid, you get it otherwise you don't pay more than you planned.

I've seen y***c bid before for Palatnik art, and sometimes he starts a war, but I've seen him snipe after finding out the hidders max.
So he can be useful because I see the max as well and out snipe him

I see there isn't enough room anyway. The birds sit on the window sill and the fish on the shelf.

It's the fanciest guest bathroom in the whole trailer park.

The fish used to all be swimming the same way, but a friend started turning one the other way each time he used the bathroom.
I finally asked him which one he was going to move next and he said he was waiting to see how long it would be before anyone noticed.
I noticed the first time he did it.

I guess it is interactive art

ALWAYS SNIPE and you can win a coin like this Trade Dollar

jwitten

If someone else ended up with the coin that you wanted, then I think YOU are the one who needs to learn how to bid.

pennyannie

I have run bids up so high on ebay and gunbroker the seller should send me a commission check. Every once in a while I make my self nervous that I may be the last man standing. lol



Some of it makes zero sense to me, I wonder after the fact how many of these overpriced winners actually follow through with the transaction.

BStrauss3

Gee OP sounds awfully entitled, thinking s/he should own the coin.



Reality: there are two people who want something bad enough to bid high and you want it also, making 3? So let the highest bid win. If it's you then you only paid 1 increment over the 2nd place. if it's not you, then you didn't want it bad enough!

Bochiman

Originally posted by: 1Bustcollector

If a bidder "hacks away" more than 3 times and doesn't become the high bidder....it doesn't make me feel comfortable. I know , I know, I cannot change the way things are - but I accept it for what it is.

And, that's one of the reasons I like to do that on coins I am somewhat interested in, but don't care if I get it or not......to mess with others



I will absolutely pay for any coin I legitimately bid on and win, so sometimes I feel like I want to have some fun or mess with other bidders. I have an idea of my range and I sometimes have an idea of where someone else's bid may be, so I will push it up a bit so it doesn't sit too low and invite others' attentions by a low bid.

coin22lover

What gets to me even more is why anyone even bids at all until the last seconds!

derryb

Originally posted by: coin22lover
What gets to me even more is why anyone even bids at all until the last seconds!

Some like to make an initial low bid so that the auction stays quickly accessible in their "My Ebay."

2ndCharter

The snipe thing is one of the reasons I almost never bother with eBay. At in a legitimate auction you almost always get out bid by the next increment or the cut bid increment. You don't end up losing by a cent.



Yup, sounds good to me, Bill.



That's why I'll stick with Heritage, Stacks, Legend, etc.

oih82w8

Not that this happened to this particular auction, but I was involved in an auction with another bidder on a "seller unaware" coin variety. The seller emailed me asking why the bid was going so high, I simply replied that I wanted it for my collection. I am guessing that the seller asked the other bidder as well and may have been more descriptive of what was actually being auctioned. The seller ended the auction, stating that there was an "error in the listing" and relisted the same coin with the identified variety in the title and it went for a whole lot more than I was willing to pay.



The seller should be aware of what they are selling or risk leaving money on the table.



The bidder/buyer should be aware as well or risk shelling out too much, which is usually the case.

mustangmanbob

Maybe what the OP does not know, is that there is another coin, similar, that ends earlier. Bidders 1 and 2, being more insightful, know if they do not get coin 1, there is always coin 2, but they need to know if they are getting coin 1. Or maybe bidders 1 and 2 ALREADY have "coin 1" for sale somewhere else, and customers are saying, "well, on ebay, I could get it for 1/5 the price, so they bid it up to put a higher floor on their own stuff.



I am quasi guilty of this myself. I happen, not through design, but through empirical evidence, to be the number 1 ebay seller of a particular type of item, a classic car part in the $250 to $400 range, depending on application and condition. They are not made new anymore. They are always for sale on ebay. When the cheap ones come up for sale, I will bid them early up to what I will pay for them, or hit the buy it now. I have to get inventory from somewhere, and the rising tide floats all boats.



Also, if you end an auction early, without bids, no cost.



If you end it early with bids, you pay the commission. It might keep an item from being ended early, if the seller thinks there is not a lot of interest in it.



Also, some buyers will email the seller saying, Hey, I am the highest bidder. Will you end early and sell to me, cause I will give you an extra $$ if you can ship by Friday. If you aren't the highest, then you may snooze and lose.



Lots of plausible reasons, other than a bunch of snowflakes bidding.

pocketpiececommems

When I bid on a coin no one else should be allowed to bid. That way I can be the winner at the starting bid. ????

derryb

As an auction nears end I always bid a few cents over the required bid increment in hopes that a last second bidder will not see my "hidden" additional bid. Hopefully he will look at the current bid which only went high enough to beat the last bid and makes his final bid using the shown increment when in fact my hidden additional few cents actually requires a higher, last second bid that he fails to meet.

ctf_error_coins

When I was a Boy Scout, I remember going on a "Snipe Hunt" with a pillow case in hand .......

TwoSides2aCoin

Whoever said money is the root of all evil never sold on ebay

jesbroken

As long as you place a bid for the maximum you are willing to pay, you will never lose on an auction. Either you will get the coin for what you were willing to pay, or you will not pay more for a coin than you want. Win, win.

Jim

ChrisH821

I agree with Jim, although emotions/ego can interfere with this strategy if you are outbid, "maybe I'll just do one more bid". What I don't understand is why eBay doesn't conduct auctions similar to GB with their 2 minute rule where if someone bids within the last two minutes it resets the remaining time to two minutes. It seems to me like that would benefit both eBay and the sellers, while giving more bidders a chance, rather than whoever can get that last snipe bid in.

-Chris

asheland

Originally posted by: cmerlo1

Sounds like the seller is the winner.

YQQ

may the highest bid win! just like you wanted it at 425, someone else was willing to pay a lot more. this is the way auctions go! you set your limit and walk... at least I do.
However,
there is the : let ebay bid for you ! offer from Ebay. set you max bid and we make sure that it is driven up to your, and other bidders limits. It is called "maximising our profit".

letting Ebay bid , on your part in good faith, is exactly what happens many times when you see what the OP described, a litany of catch up bids, as ebay marks each step.
hence: your item has 99 bids and ( 3 bidders). try it as an experiment after someone lists a new item when it is does not have any bids. then bit $ 1 and allow ebay to bid your max of $ 10. then let it be and check back later. you will find that each incement is counted as 1 bid. as soon as someone else bids a window tells you you are outbid.. bid more now set your bid higher. you get the guest...
bad.....for a buyer, good for ebay and a seller as it creates attention and interest and revenue.
Recently I had 5 coins listed. 3 starting at $1, 1 at $ 5 and 1 at $10.

5 minutes before the end I had no bids. then the $10 was hid 3 times within seconds by e bidders, ending up being hit at the end again by another 3 bidders.
the others all sold within 5 seconds of ending with numerous spikes.
their bids were all set one time only and they used a auto-bidder to try to win. These were smart, no worries, it either works for my bid, or not. end of story.
in our high tech times, it is the only way...
Sorry OP, the whole thing is mostly your own problem.
Never, never, allow Ebay to bid on your behalf "for your convenience" !!!!!

oih82w8

If I want something bad enough, I will make the time to "babysit" the last few minutes to try and snipe it, provided it did not exceed my cap. I don't trust the "auto bidders / snipe programs".

LindeDad

Originally posted by: CoinRaritiesOnline

I'm confused. Which bidder is the consignor? ;-)

I'm reading #1.

leothelyon

I think that's what I did when I placed a bid with 1 minute remaining. This started a bidding war with my max bid. I had an esnipe in place but as the time was dwindling down I started thinking, do I need to place a bid because no-one had done so yet. The seller had an asking price and thought that the esnipe might not work if there were 0 bids. I still don't know the answer to this.


Leo

unclebob

I rarely watch a coin unless for fear it may draw attention. I might initially bid within melt but 95% of the time I set a price and snipe, again hoping to draw less attention from the seller or the passing cherry pickers.

LanceNewmanOCC

Originally posted by: ebaybuyer

one trying to intimidate the other, likely neither one will win it all they do is drive up the price... and they are too dumb to know it

+1



imo, a fair amount of people simply want to outbid someone or wait for someone else to bid



to enforce they should bid at all. a lot of chaos, inexperience, emotion etc and the results are



representative of this. lots of other factors of course but no desire to go that deep.



sniping can be the best and worst thing. especially for pinhole analysis.



as for the op. keep an eye out for a possible return/relist.



edited to add since i didnt read all the posts.



interesting and entertaining analysis (aka play-by-play) of the bids T.O.



AND



a BIG +1 to this whole stinkin' thread.

.

AMRC

I too am confused. What's the problem? Isn't this all good? Or are we looking at it from a buyers point of view that was hoping to get it cheap?