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Got beat out in the HA auctions tonight

BochimanBochiman Posts: 25,556 ✭✭✭✭✭
in U.S. Coin Forum
by a cut-bid vs my advance (internet) bid.
I bid my max and I didn't want to go to the next highest (add $100+the 17.5% premium to get the next bid increment).

Could be something I regret, but I stick to what I bid.

Now, it will be interesting to see which dealer ends up putting the coin in the NEWPS listing and for how much image

I did notice that, from what I saw in the live bids tonight, EAC was going strong.

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

Comments

  • Walkerguy21DWalkerguy21D Posts: 11,721 ✭✭✭✭✭


    << <i>I did notice that, from what I saw in the live bids tonight, EAC was going strong. >>


    I got beat out on all copper at both Goldberg and HA auctions this week - and that's on strong bids on copper with minor problems,
    not low ball bids on the PQ stuff.
    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • rxerrxer Posts: 280 ✭✭
    I was lucky enough to pick up a few things in both goldbergs and heritage with bids that exceeded
    any price guide, but still happy with the results - BUT the budget is blown for the rest of the year.
    palmer
  • mbogomanmbogoman Posts: 5,244 ✭✭✭✭✭
    I got smoked on the only thing I bid on. I had what I thought was a strong bid - over $1500 higher than the previous, similar one sold for a couple years ago. It went for over $2000 more than my highest bid. Going into the live portion I still led, and my bid was $500 below my max. Then the heavy artillery came out and blew me into the next county!

    mbogoman

    Asesabi Lutho

    https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345
  • agentjim007agentjim007 Posts: 6,256 ✭
    Picked up one piece last night. Those bids for R5/6 ugly problem coins were insane. I don't care how rare if it's too ugly to look at.
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭
    Since I do not use auctions to stock inventory, I generally fix on one or two coins in an auction that help my set. The only limit I have in is "Moon Money" bids that are 1.5X or greater than the last recent sale. I do not mind pushing up the prices on good material. In fact, you have to or you will wind up empty handed. I always try and keep in mind that when I pay more for a coin than "expected" that other people saw what I did and when the day comes that I sell it, that coin will do well again. Since it is for my collection I never look back on price, or think about a profit at resale. When I take that off the table it is all about not letting it go while not being ridiculous either.
    MLAeBayNumismatics: "The greatest hobby in the world!"
  • 960Coins960Coins Posts: 112


    << <i>Picked up one piece last night. Those bids for R5/6 ugly problem coins were insane. I don't care how rare if it's too ugly to look at. >>


    I wonder if that was a theme of sorts... there were 4 Brazilian 960 reis up last night, all of them rarities in the series, and all of them problem coins - cleaned, ex-jewelry, broken edge & cleaned, dinged edge. Prices ended up right where I thought they would be.
    960 Coins - Rare and high quality 960 Reis overstrikes and counterstamps from Brazil and more.
    http://blog.960coins.com - All about the 960 Reis coins.
    Check my BST!
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Sometimes when you lose, you win, and vice versa.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • RichieURichRichieURich Posts: 8,565 ✭✭✭✭✭
    I bought one lot in the auction, by a cut bid made in advance on the internet. Didn't want to have to stay awake until 3 am or whenever it sold.

    Wonder if it was the same coin as the OP was bidding on?

    An authorized PCGS dealer, and a contributor to the Red Book.

  • agentjim007agentjim007 Posts: 6,256 ✭
    How do you make a cut bid in advance?
  • MFHMFH Posts: 11,720 ✭✭✭✭

    I'm on vacation [ tough when its also a retirement image ]

    and I lost all track of what auction is up - maybe I should

    check my lots, huh ? I tracked a bunch thinking I would be

    bidding on a few odds and ends... guess not.

    Mike Hayes
    ~~~~~~~~~~~~
    Coin collecting is not a hobby, it's an obsession !

    New Barber Purchases
  • RichieURichRichieURich Posts: 8,565 ✭✭✭✭✭


    << <i>How do you make a cut bid in advance? >>



    Heritage's "LiveProxy" bidding allows this, but only on their increments, or half-increments (which is essentially a cut bid).

    I needed my sleep!

    An authorized PCGS dealer, and a contributor to the Red Book.

  • agentjim007agentjim007 Posts: 6,256 ✭
    I didn't know that. Thanks

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