I used to be somebody, now I'm just a coin collector. Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway?
watching others recklessly bidding away has saved me a few times from myself...
I'd say that participating "live" w/ heritage has done the most damage (or potential damage)... just too easy to click one more time... lesson is to give it your best bid first and let it ride...
<< <i>watching others recklessly bidding away has saved me a few times from myself...
I'd say that participating "live" w/ heritage has done the most damage (or potential damage)... just too easy to click one more time... lesson is to give it your best bid first and let it ride.. >>
HA is one thing, but when it comes to eVilBay this is why I use a sniping service. Not only does a snipe service keep me from bidding more than I should, but it keeps people from rebidding against me as the snipe comes in with just a few seconds to go .
...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway? >>
There is nothing wrong with ensuring that the coin sells for its true market value.
Yep... and I have had a number of times when I was outbid by one increment and kicked myself! When I win, I always wonder if I over paid... After all, no one else wanted to pay that much!!
Yeah. But it wasn't a coin. It was a trackhoe and when it stalled on my bid, it suddenly occurred to me "How the He77 am I gonna get this thing home?" Luckily it was just a stall.
...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway? >>
There is nothing wrong with ensuring that the coin sells for its true market value. >>
He shouldn't have bid so much.
Ron
Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
If I'm out bid, someone else overpaid for the coin.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I never lost on a coin I really wanted due to my master sniping technique.., I have bid on coins, and then watched as they went beyond what was reasonable, and those coins were not a 'must have' situation.. so I let them go. Cheers, RickO
Not too often. As a collector I "hope" I can sell higher, when the day comes; either for me or my heirs. In the past 25 years of serious collecting I haven't sold much. So a higher than market bid, as long as it's not too much over current market (and that depends on the coin), doesn't bother me. It's the coin(s) that's been off the market for a few decades, or is very low pop that sometimes gets me in trouble. I've had a "whew or two" with those. And in one case wish I would have kept going. I guess I can say I "usually" go into an auction with the intent to get what I'm bidding on. Because I don't bid on anything I don't really want. At the same time, I set what I believe are realistic max bids for myself, based on my time horizon for selling.
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Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
-Paul
...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway?
Usually on coins I bid on without doing research first.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I'd say that participating "live" w/ heritage has done the most damage (or potential damage)... just too easy to click one more time... lesson is to give it your best bid first and let it ride...
<< <i>watching others recklessly bidding away has saved me a few times from myself...
I'd say that participating "live" w/ heritage has done the most damage (or potential damage)... just too easy to click one more time... lesson is to give it your best bid first and let it ride.. >>
Best advise out there. That's what I do now.
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<< <i>Yes, more times than I should. >>
And then there are thooghs times when I went, WOW, I would have never thought I would win.
<< <i>Yup.
...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway? >>
There is nothing wrong with ensuring that the coin sells for its true market value.
Empty Nest Collection
<< <i>Hopefully again tonight! Don't feel like the Lone Ranger. I blame it on alcohol. >>
HAHA... I learned that the hard way... never booze and bid lol
I think I just came up with a new line
Mike
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
Discover all unpredictable errors before they occur.
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<< <i>
<< <i>Yup.
...... but do you ever sorta feel bad for hitting the bid button a bunch of times to bump up the final sale price but the original high bidder ends up with it anyway? >>
There is nothing wrong with ensuring that the coin sells for its true market value. >>
He shouldn't have bid so much.
Ron
<< <i>Hopefully again tonight! Don't feel like the Lone Ranger. I blame it on alcohol. >>
Yeah, I have often wondered if Heritage or Stacks should serve up alcohol at auctions to encourage loose bidding. Works for the casinos.
"Look up, old boy, and see what you get." -William Bonney.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Coinfame,Kaelasdad,Type2,UNLVino,MICHAELDIXON
Justacommeman,tydye,78saen,123cents,blue62vette,Segoja,Nibanny
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
<< <i>If I'm out bid, someone else overpaid for the coin.
Now that's the attitude of a market maker!
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
And in a few of those cases, the crazy price someone else paid didn't seem so crazy a year or two later.