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Praying to be outbid....

TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
in U.S. Coin Forum
Idiot.



I bid on a low value proof 1992-S Washington Quarter on GC thinking it was a SILVER version. Only figured it out in the last 30 minutes it was the clad version.



(Non idiots will quickly point out that it is rather obvious from both the AUCTION DESCRIPTION and SLAB LABEL!!!)



Oh, well....



Anyone want to cop to doing anything similar? Or WORSE!?
Easily distracted Type Collector

Comments

  • BubbleheadBubblehead Posts: 1,621 ✭✭✭
    I do it ALL the time.. 'course, my eyes just turned 75, I got an excuse....image
  • scotty1419scotty1419 Posts: 1,124 ✭✭✭
    I think you'd be in fair territory to cancel a bid in that situation...

    Certainly not something anyone wants to make a habit of...
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    I'm fading about 22 years earlier than you, then. image

    Easily distracted Type Collector
  • roadrunnerroadrunner Posts: 28,371 ✭✭✭✭✭
    I did it that today. I posted my best bid 2 weeks ago on a coin going off tonight. I held high bid until just a few hours before the auction ended. And I thought I might have bid too strong because no one was taking my bid out. As it was, 3 other bidders joined tonight and took the coin another 28% higher....blowing me away.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    Originally posted by: scotty1419

    I think you'd be in fair territory to cancel a bid in that situation...



    Certainly not something anyone wants to make a habit of...




    Don't think the option exists on GC. Guess one could call and moan....



    But, being a low value lot, I think it more appropriate to just pay, and eventually sell. No sense complicating someone else's life over my mistake!!
    Easily distracted Type Collector
  • oih82w8oih82w8 Posts: 13,022 ✭✭✭✭✭
    Been there, done that, repeatedly...education can be expensive.
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • logger7logger7 Posts: 9,595 ✭✭✭✭✭
    Once upon a time; but I sit on my hands now, there is nothing I need that badly.
  • drwstr123drwstr123 Posts: 7,053 ✭✭✭✭✭
    It's called, "Tuition".
  • BryceMBryceM Posts: 11,927 ✭✭✭✭✭
    Not exactly the same thing, but I was looking for a Franklin type coin in an auction a few years ago. I wanted an FBL example in 67. I had my eye on a 58-D in an HA auction but it exceeded my maximum bid and I let it go. I couldn't believe it when another one with a very nice look (and sticker) came up a lot or two later at a price so low I couldn't resist. I won it easily....... and then realized it was in a non-FBL holder. image



    That was the last time I executed a bid "on the fly." I eventually got it sold at about a $100 loss and called it tuition. Wisdom is what's left over when the pain of a mistake fades. image
  • TPRCTPRC Posts: 3,817 ✭✭✭✭✭
    More times than I care to admit.

    Tom

  • hchcoinhchcoin Posts: 4,842 ✭✭✭✭✭
    Originally posted by: TommyType
    Originally posted by: scotty1419
    I think you'd be in fair territory to cancel a bid in that situation...

    Certainly not something anyone wants to make a habit of...


    Don't think the option exists on GC. Guess one could call and moan....

    But, being a low value lot, I think it more appropriate to just pay, and eventually sell. No sense complicating someone else's life over my mistake!!


    Call them and ask them to keep it and put it up in the next auction for you image
  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    Bid First - Read later.

    That's how I roll
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    Originally posted by: TopographicOceans

    Bid First - Read later.



    That's how I roll




    That's the plan! Reading is over-rated. image

    Easily distracted Type Collector
  • PaleElfPaleElf Posts: 990 ✭✭✭
    All the time and I generally always end up taking I home.
  • TigersFan2TigersFan2 Posts: 1,442 ✭✭
    Sometimes I want to be outbid by a lot. Like today, I won an auction for a coin at $50, then another coin of the same PCGS grade was ending 30 minutes later with a high bid of $29. I bid it up to $35 and waited and hoped someone would outbid me and take it above $50. Someone did outbid me and won it at $36. But no way of knowing if I hadn't won the 1st one what I could have won the 2nd one for since the winning bidder could have had a super-high proxy bid.

    Sometimes I'll bid for fun with the hope that someone outbids me. It's usually when I see an auction that has a very low current high bid and I decide it needs some help. But I still restrain my bidding such that if I do win it, I'll still be happy. It's just not a priority item I want.
    I love the 3 P's: PB&J, PBR and PCGS.
  • oldstandardoldstandard Posts: 387 ✭✭✭
    Originally posted by: drwstr123

    It's called, "Tuition".




    Ha Ha good one but true, cheap to
  • skier07skier07 Posts: 4,712 ✭✭✭✭✭
    Different but somewhat analogous. Thought I placed a bet on the Rams today. I looked at my account after the game and there was a discrepancy. It turns out I had bet on Tampa Bay. Oh well. That's happened before and I'm probably even with miswagers.
  • oldstandardoldstandard Posts: 387 ✭✭✭
    did you get out bid?
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    Originally posted by: oldstandard

    did you get out bid?




    Nope...I had won the lot when I posted.



    Hoping that someone will outbid me seems just as useless as hoping people WON'T outbid me. Dang other bidders! It's like they have a mind of their own.....

    image
    Easily distracted Type Collector
  • crazyhounddogcrazyhounddog Posts: 14,201 ✭✭✭✭✭
    I'm guilty image
    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • BoosibriBoosibri Posts: 12,665 ✭✭✭✭✭
    I'm guilty

    Latin American Collection

  • coinhackcoinhack Posts: 1,221 ✭✭✭✭✭
    Originally posted by: TigersFan2

    Sometimes I'll bid for fun with the hope that someone outbids me. It's usually when I see an auction that has a very low current high bid and I decide it needs some help. But I still restrain my bidding such that if I do win it, I'll still be happy. It's just not a priority item I want.


    So, you're randomly shill bidding? image

  • lkeigwinlkeigwin Posts: 16,895 ✭✭✭✭✭
    Been there. In a hurry I entered a proxy bid with the wrong lot#.

    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
  • BAJJERFANBAJJERFAN Posts: 31,612 ✭✭✭✭✭
    Yep. Got a "mistake" being delivered today. Overestimated what it would sell for.
    theknowitalltroll;
  • NapNap Posts: 1,771 ✭✭✭✭✭
    It happens. Hopefully it wasn't too painful.

    I have made the mistake more than once, I think everyone who bids at auction enough is eventually guilty of it.

    I have never asked to retract a bid, I think the only time I would do that is if it's an obvious mistake like adding an extra digit to a bid.
    My medieval coin collection
  • ianrussellianrussell Posts: 2,502 ✭✭✭✭✭
    Hey TommyType, please send me an e-mail to ian@greatcollections.com or call 1-800-442-6467.

    Regards,

    - Ian
    Ian Russell
    Owner/Founder GreatCollections
    GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
  • bigolebigole Posts: 388 ✭✭✭
    I just did this Friday.

    I had 8% Ebay bucks on Friday, thought I would try to pick up a PCGS 70 2016 Gold Mercury Dime. They were going in the $245 range, so with my Ebay bucks I would get $20 back and only be paying $225. I thought that was a good deal.

    I bid $245 on one, and ONLY THEN NOTICED IT WAS LISTED AS BULLION AND NO EBAY BUCKS! Some folks list theirs as Bullion category-no Ebay bucks, but most list them as mercury dime category- you get Ebay bucks. There was about four hours left in the auction.

    At the last minute someone outbid me.

    Anyway, would not have been the worst thing in the world to have won, but I (hopefully) learned a lesson.
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    Originally posted by: ianrussell

    Hey TommyType, please send me an e-mail to ian@greatcollections.com or call 1-800-442-6467.



    Regards,



    - Ian






    Don't sweat it, Ian.



    I already sent in payment last night....and I really meant it when I said, "No reason to complicate someone else's life because of MY mistake".



    And, hey, what's $30 between friends? image
    Easily distracted Type Collector
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,993 ✭✭✭✭✭
    Was preying on a few auctions, hoping nobody else was watching. And on a few occasions was praying others cared less.

    ``https://ebay.us/m/KxolR5

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭
    I am guilty too of browsing eBay, seeing what I think is a bargain, and then realizing I misread the description.

    Many years ago I was placing bids on a Teletrade auction, and was pleasantly surprised at how cheaply I won several lots.

    Until the coins came and I realized I had been bidding using the previous week's catalog.

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭
    Originally posted by: TommyType

    Originally posted by: ianrussell

    Hey TommyType, please send me an e-mail to ian@greatcollections.com or call 1-800-442-6467.



    Regards,



    - Ian






    Don't sweat it, Ian.



    I already sent in payment last night....and I really meant it when I said, "No reason to complicate someone else's life because of MY mistake".



    And, hey, what's $30 between friends? image




    Ian = GC= class act.

  • pmacpmac Posts: 3,189 ✭✭✭
    I hope this happens to most of the items I will be auctioning off. It's how many of them were acquired.image
    Paul
  • oih82w8oih82w8 Posts: 13,022 ✭✭✭✭✭
    Just last night I threw a bid out willy-nilly and won it...I will try and flip it...does anyone need a 1834 25C RPL FS-901 B-1 (unattributed) PCGS VF25?
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • TigersFan2TigersFan2 Posts: 1,442 ✭✭
    Originally posted by: bigole
    I just did this Friday.

    I had 8% Ebay bucks on Friday, thought I would try to pick up a PCGS 70 2016 Gold Mercury Dime. They were going in the $245 range, so with my Ebay bucks I would get $20 back and only be paying $225. I thought that was a good deal.

    I bid $245 on one, and ONLY THEN NOTICED IT WAS LISTED AS BULLION AND NO EBAY BUCKS! Some folks list theirs as Bullion category-no Ebay bucks, but most list them as mercury dime category- you get Ebay bucks. There was about four hours left in the auction.

    At the last minute someone outbid me.

    Anyway, would not have been the worst thing in the world to have won, but I (hopefully) learned a lesson.


    I learned that lesson a week ago when buying some Barber Dimes that the seller had listed in both Dimes and Bullion. Evidently it's possible to put an auction in multiple categories. After winning it and paying, I discovered I earned no Ebay Bucks because it was cross-listed in Bullion.

    I love the 3 P's: PB&J, PBR and PCGS.
  • ianrussellianrussell Posts: 2,502 ✭✭✭✭✭
    Originally posted by: TommyType

    Don't sweat it, Ian.

    I already sent in payment last night....and I really meant it when I said, "No reason to complicate someone else's life because of MY mistake".

    And, hey, what's $30 between friends? image


    Cheer's Tommy.

    - Ian
    Ian Russell
    Owner/Founder GreatCollections
    GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Yup, been there, done that !!! ??
    Timbuk3
  • johnny9434johnny9434 Posts: 31,919 ✭✭✭✭✭
    sign first then read is how it works. im guilty as well.
  • WalkerfanWalkerfan Posts: 10,241 ✭✭✭✭✭
    I've done this a time or two and it is a blessing, when it happens.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

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