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Does your heart race and blood pressure rise while bidding on a coin you really want?
gtstang
Posts: 1,822 ✭✭✭✭✭
Bidding can be stressful sometimes...
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Sometimes, but not so much since I have done it a number of times. I have caught "auction fever" and bid too much. At least the positive part is the pieces I'm buried in are nice, and I enjoy having them.
Been there...done that...numerous times! "The Roar of the Greasepaint – The Smell of the Crowd."
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No, as I have done that thousands of times.
Generally, if your heart is racing and you are stressing, check yourself, as you may be paying too much because of emotion.
LOL! I've been known to bid against myself! Where's the headsmack emoticon!
Not as much as when I open my PCGS grades after I know they posted!
Or lack of market price research.
Srsly.
Of course. If it isn't ever exciting, why do it.
..... but usually only when it's something really special.
If it happens all the time, you may have an addiction.
I do not! I can stop anytime I want to!
Some of you may need to look into the addiction coin.:)
Last night at 3 am I won a $400 + coin at auction while sleeping soundly. I found out this morning that I had actually won the coin at an extremely sweet price.
Yes
It has, but not like time I sold one that brought in triple what I expected. That was a ride!
Absolutely! And just because it's exciting to be playing a game of chicken with another bidder doesn't mean you haven't set hard limits for yourself -- not just on single lots, but on the entire auction or a monthly or annual budget as well.
I imagine that "auction fever" can also lead to rather self-destructive behavior, though, not unlike what people who become addicted to gambling go through.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Actually, since I used to snipe bid.... the thrill was not in the bidding, but hitting the bid at the last three seconds so no one could counter bid....That was fun.... Cheers, RickO
Yeah, man! Isn't that what it is all about?
When I am bidding on something that pops up once in a decade or two, my heart rate increases like a boy at his first school dance.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
Crush the stress. Use a nuclear bid.
Practice makes perfect & nobody is perfect. So, practice being nobody and be perfect !
My biggest fear is my computer timing out or messing up just as I am entering my bid in the last few seconds.
Guilty!
Oh yeah! It can be a thrill.
My YouTube Channel
Yes, always. Because it's a coin you get one shot at. And more than likely you and only a very few others know what the coin really is or the potential it has. It happened numerous times to me at the Norweb, Eliasberg, and Queller sales.
Wow, that used to be a problem years ago, not really the computer timing out more like an internet timeout or slowdown.
I can not remember the last time I missed a bid due to computer or internet problems, probably at least 10+ years .....
While actively bidding, absolutely. One time, I had to go to the front door to answer a landscaper's question while bidding online. When I got back to my computer, I discovered that a lot that I really wanted had sold (and I was the underbidder). That made my blood pressure really go up.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
On site yes, at home no
Yes, sometimes I do get excited, and I have gone down the rabbit hole chasing a coin.
Sure it goes up a couple percent, even when I'm spending other peoples money.
Buy what you like.
Only at Heritage. eBay snipes are automatic.
With HA there is a risk I will bid again and wind up overpaying which is never good.
Absolutely, even on relatively cheap coins. It's all part of the fun!
Yes, but mostly because I'm trying to calculate the auction fees as I'm bidding.
No - I am bidding on something to sell at a show or from my online store for a profit. Any maximum bid or offer is a percentage of what I think I can sell it for and could vary 40-70% MV. No interest in getting in a bid war or paying too much - now if I pickoff something and get it cheap taking advantage of time of day dynamics / market valleys, slow periods now I am excited. Cheap coins especially if I get them below slab cost or BV plus slab cost - a fun hobby within the hobby and not much downside on these.