Home U.S. Coin Forum

Teletrade down with 5 minutes left.

This could be interesting.

Comments

  • Seems to be ok now.
  • braddickbraddick Posts: 24,819 ✭✭✭✭✭
    I barely missed a VF damaged NCS 1804 Bust quarter.

    I'm going to be ticked if it sold for less than $1,800.00!

    peacockcoins

  • I saw that Braddick. looked like it had some pretty serious damage.
  • braddickbraddick Posts: 24,819 ✭✭✭✭✭


    << <i>I saw that Braddick. looked like it had some pretty serious damage. >>

    But it wasn't holed and wasn't cleaned and it still had a lot of meat on the bones for less than GD04 money...

    peacockcoins

  • This has happened before. I've missed out a few times because of it. Twice I had to run to the telephone and go oldschool.
    Everything I write is my opinion.

    Looking for alot of crap.
  • braddickbraddick Posts: 24,819 ✭✭✭✭✭
    I couldn't get my last minute bid in with the system down (at least for me...).

    Closed at $1,525.00
    I think that's too cheap. image

    peacockcoins

  • CladiatorCladiator Posts: 18,252 ✭✭✭✭✭
    I think TT owes something to the people that had consigned coins with them and closed last night. No way of knowing the revenue lost because of the downtime.
  • I bid early and won one coin. I usually don't bid enough to win coins so maybe this helped me?
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭
    So, once again I say, Bid what you are willing to spend and forget about it. I am STILL waiting for someone to give me a logical reason for sniping other than increasing the seller's take.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • i was wondering how i bought a coin cheap for a change !
  • CladiatorCladiator Posts: 18,252 ✭✭✭✭✭


    << <i>logical reason for sniping >>


    Would sniping be a way to avoid being shill bid up to your maximum before the auction closes?

    Edited to add: But I guess if you're willing to pay your maximum bid it doesn't really matter does it...nevermind image
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭


    << <i>

    << <i>logical reason for sniping >>


    Would sniping be a way to avoid being shill bid up to your maximum before the auction closes?

    Edited to add: But I guess if you're willing to pay your maximum bid it doesn't really matter does it...nevermind image >>



    A sniper bid would drive it up just as high.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • CladiatorCladiator Posts: 18,252 ✭✭✭✭✭
    Maybe it's just the adrenaline rush factor?
  • I am STILL waiting for someone to give me a logical reason for sniping

    If you put in your max early, a lot of times another bidder will chase you. The same guy might otherwise just bid the next increment.
  • CladiatorCladiator Posts: 18,252 ✭✭✭✭✭
    I think what steve is getting at is that your high bid is your high bid and you're willing to pay that so it doesn't matter really matter how your bid gets there...your willing to pay it.
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭
    The bottom line is you will still have to post your max in order to avoid snipers. Posting it early in no way results in a higher final price. All it does is possibly push the bidding over your max earlier--which actually I appreciate because then I can then reallocate that money to another lot.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
  • I think what steve is getting at is that your high bid is your high bid and you're willing to pay that so it doesn't matter really matter how your bid gets there...your willing to pay it.

    I bid both ways. On TT, I almost never snipe. Too much work. The point is, if it is an expensive piece, it is worth the extra effort, as you may get it for a better price.


  • << <i>So, once again I say, Bid what you are willing to spend and forget about it. I am STILL waiting for someone to give me a logical reason for sniping other than increasing the seller's take. >>



    Logical reason #1: winning

    Because of TT's peculiar methodoloy, prerequiste steps have to be taken to assure that it is actually a snipe, however.

    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭


    << <i>

    << <i>So, once again I say, Bid what you are willing to spend and forget about it. I am STILL waiting for someone to give me a logical reason for sniping other than increasing the seller's take. >>



    Logical reason #1: winning

    Because of TT's peculiar methodoloy, prerequiste steps have to be taken to assure that it is actually a snipe, however. >>



    Ok, I'll bite. How does sniping increase my chances of winning a bid? My max wins or it doesn't. When it is posted is irrelevent.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.


  • << <i>

    << <i>

    << <i>So, once again I say, Bid what you are willing to spend and forget about it. I am STILL waiting for someone to give me a logical reason for sniping other than increasing the seller's take. >>



    Logical reason #1: winning

    Because of TT's peculiar methodoloy, prerequiste steps have to be taken to assure that it is actually a snipe, however. >>



    Ok, I'll bite. How does sniping increase my chances of winning a bid? My max wins or it doesn't. When it is posted is irrelevent. >>



    Not everybody bids using your logic, an example would be an Ebay item I was watching last week. There were 21 total bids and 18 of them were by the same guy, someone placed a bid and this guy bid five times until he was high bidder then the next day someone else outbid him so he placed 7 more bids (all only one or two dollars) until he was high bidder. A few days later he was outbid again so he bid six more times until he was high bidder again, by that time the item was priced above fair value so I never did place a bid. If the first bidders had not bid so early that one guy would not have had the chance to sit there and run the price up, he would have only been able to place a few bids instead of 18.
  • OKbustchaserOKbustchaser Posts: 5,546 ✭✭✭✭✭


    << <i>

    Not everybody bids using your logic, an example would be an Ebay item I was watching last week. There were 21 total bids and 18 of them were by the same guy, someone placed a bid and this guy bid five times until he was high bidder then the next day someone else outbid him so he placed 7 more bids (all only one or two dollars) until he was high bidder. A few days later he was outbid again so he bid six more times until he was high bidder again, by that time the item was priced above fair value so I never did place a bid. If the first bidders had not bid so early that one guy would not have had the chance to sit there and run the price up, he would have only been able to place a few bids instead of 18. >>



    If he was willing to bid it up to more than you were willing to bid then he simply wanted it more than you. At least one other person besides him also thought it was worth more than you did. It still would have made no difference in the final total that the coin went for. If he was willing to bid X dollars--whether though 1800 bids or only one--he either got the item for what he thought it was worth or someone else got it for more than he thought it was worth.
    Just because I'm old doesn't mean I don't love to look at a pretty bust.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file