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I Just Got Outbid By 3 Cents......

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Pillar of the Community
United States
505 Posts
 Posted 04/29/2010  1:43 pm  Show Profile   Bookmark this reply Add Frazzle to your friends list
Thats why you should always bid the highest amount youre willing to pay....although he still may have bid higher!
Pillar of the Community
United States
4085 Posts
 Posted 04/29/2010  1:50 pm  Show Profile   Bookmark this reply Add KenKat to your friends list
I also never ever bid an even dollar amount.

I often bid the last two numbers of the date for the cents. So, if I was thinking $42.00, I would have bid $42.91. I have actually won a couple of auctions by a few cents because of another bidder using even number.

Pillar of the Community
United States
2120 Posts
 Posted 04/29/2010  7:04 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list
Yea, I've always added the seconds on my watch x 2...
Pillar of the Community
United States
4846 Posts
 Posted 04/29/2010  7:09 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list
i just add .o1 to what ever in willing to pay. EX: if a coin is .99 I would bid what I'm willing to pay (in this case, lets say....$4) and then I would come out with $4.01
Valued Member
Canada
464 Posts
 Posted 04/29/2010  7:22 pm  Show Profile   Bookmark this reply Add gawd0wns to your friends list
This dollar looks cleaned to me... It is probably a good thing you lost the auction.
Pillar of the Community
Canada
1733 Posts
 Posted 04/29/2010  8:01 pm  Show Profile   Bookmark this reply Add Ugly to your friends list
Why do you say that? I 'm not seeing what you are.
Pillar of the Community
United States
1840 Posts
 Posted 04/29/2010  8:48 pm  Show Profile   Bookmark this reply Add snowman to your friends list
I've been on the giving and receiving end of this type of thing. I've also had forum members out-snipe me before. I always figure that the next time a similar coin comes up for bid, I know where the price will fall and hopefully the guy who outbid me won't be in the running.
Moderator
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United States
23522 Posts
 Posted 04/30/2010  12:39 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
This dollar looks cleaned to me... It is probably a good thing you lost the auction.


It's a VAM-1A2, a late die state variety of the strongest clashed-letter transfer in the entire Morgan dollar series. They're not terrifically rare, but the letter transfer is so strong it looks like part of the die. I've never owned one, and it went a little below market even if it was cleaned.

I never snipe even dollar amounts, either. Just a little distracted this time, and paid for it. Chances are I know whoever sniped me.
Pillar of the Community
United States
2120 Posts
 Posted 04/30/2010  11:24 am  Show Profile   Bookmark this reply Add Namachieli to your friends list
lol seems to be happening a lot last few days. I sniped three auctions yesterday. Chance are one of em was from someone here.

Sorry if I did!
Pillar of the Community
United States
539 Posts
 Posted 04/30/2010  6:53 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list
so is it sniping if someone outbids you in the last second even though you had settled in your own mind that the bid amount you put in was indeed the highest you wanted to pay? I say it is not and maybe the wannabe sniper thinks so but I'm feeling OK. Now I do learn as a previous poster stated. I now know what something like this goes for and I will then decide if I ever want to play in that pool again.
Pillar of the Community
Canada
838 Posts
 Posted 04/30/2010  7:10 pm  Show Profile   Bookmark this reply Add bibd to your friends list
I also tack on .03 or so to my bid. Now that this trick is well-known, I'll have to tack on .04 now!
Pillar of the Community
Canada
838 Posts
 Posted 04/30/2010  7:15 pm  Show Profile   Bookmark this reply Add bibd to your friends list
Actually, this reminds me of an interesting but paradoxical fact: the best way to never lose rock-paper-scissors (in the long run) is to truly be a `random number generator'. (probably not possible in practice, though) That's how one should decide how many cents to add on to the E-Bay bid: ask the computer how many hundredths of a second are on its CPU clock.

Then, just blame the computer when you're outbid!
Valued Member
United States
322 Posts
 Posted 05/01/2010  12:57 am  Show Profile   Bookmark this reply Add samuel tan to your friends list
Is there any chance, may be the other guy bid over the price he won, but the computer just enter the next increments?
I my self, just started actively bidding end of last year, I sill try to get to the bottom of it. I want to hear other comments.
Samuel tan
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United States
23522 Posts
 Posted 05/02/2010  09:58 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
Is there any chance, may be the other guy bid over the price he won, but the computer just enter the next increments?


He outbid me by less than one full increment. It was the exact bid he entered, and just happened to be Three Cents more ambitious than I was.

I'd have probably gone higher for this coin, had I known there were other sharks in the water.
Valued Member
United States
487 Posts
 Posted 06/01/2010  12:31 pm  Show Profile   Bookmark this reply Add rastatodd to your friends list
Ouch, three Lincolns. That smarts. I know where you are coming from happen to me on a coin. My mouth was watering, so happy I was gonna add this coin to my collection and than the final seconds, pulled from my grasp. There is a art to sniping. Sorry SuperDave, for the trauma you must had to endure. Been playing around with starting up a Morgan collection myself. I know that's a big boys game. Could you PM me with a suggestion on reading material to help me get off on the right foot.Thanks!
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