Would doing a no reserve ending this weekend be a "death wish?"

ChrisRx · January 22, 2009 9:39AM

Being that its supposedly not a good time to sell AND all the attention of the UHR this week

OneCent · January 22, 2009 9:40AM

I would imagine that it depends on the particular coin.

dsessom · January 22, 2009 9:44AM

Oddly enough, I have had a few fixed price auctions that didn't sell, and then I said "What the h e doublehockey sticks" and threw them up with no reserve and started them at a buck and what do you know - they sold for more than the fixed price was. Go figure...

Cladiator · January 22, 2009 10:33AM

I did it. My guess is that the folks bidding on my auction are not the folks buying up UHR's.

ChrisRx · January 22, 2009 11:04AM

<< <i>Oddly enough, I have had a few fixed price auctions that didn't sell, and then I said "What the h e doublehockey sticks" and threw them up with no reserve and started them at a buck and what do you know - they sold for more than the fixed price was. Go figure... >>

Hah, guess you never know!

Rampage · January 22, 2009 11:24AM

<< <i>Oddly enough, I have had a few fixed price auctions that didn't sell, and then I said "What the h e doublehockey sticks" and threw them up with no reserve and started them at a buck and what do you know - they sold for more than the fixed price was. Go figure... >>

I actually did this with a Sirius sat radio last weekend. I had it listed the week before with a BIN of $22.00 and no one hit it, so I threw it up at no reserve and it sold for $56.00.

I bought it for $1.89 when the local Circuit City store was at 95 percent off while closing down.

I know it is not coin related, but I figured it was a similar instance.

Bayard1908 · January 22, 2009 11:32AM

I think the level of interest in the UHR on this board is not indicative of the general public's interest.

lkeigwin · January 22, 2009 11:43AM

<< <i>Oddly enough, I have had a few fixed price auctions that didn't sell, and then I said "What the h e doublehockey sticks" and threw them up with no reserve and started them at a buck and what do you know - they sold for more than the fixed price was. Go figure... >>

I do this all the time. My auctions start at $.01. Once you have several bidders others come along and heighten interest. My low ball BIN's just don't work. If the coin sits there for days without a single bidder it is unlikely to sell.

Lance.

Boom · January 22, 2009 2:31PM

I'm rollin' the dice.

Let it rip.

Elcontador · January 22, 2009 6:46PM

I don't do e-bay, but I've attended a number of coin auctions over the years. You're right; if a couple of people like a coin, especially collectors -- not dealers -- they can bid it up more than they could buy said coin from a dealer. I've been involved in bidding wars for coins; if two people think said coin has "their name on it," someone will pay big bucks for it.

frnklnlvr · January 22, 2009 6:53PM

I've had auctions with a starting bid and BIN. Someone will bid and the BIN will go away and the winning bid ends up being more than the BIN was.

Boom · January 22, 2009 9:07PM

I've tried BIN as well, with so-so results.

List the same coin at auction & it will usually go for more than the failed BIN.

Go figure.

Would doing a no reserve ending this weekend be a "death wish?"

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Would doing a no reserve ending this weekend be a &quot;death wish?&quot;

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Would doing a no reserve ending this weekend be a "death wish?"