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Replies: 9 / Views: 2,668 |
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Pillar of the Community
United States
1116 Posts |
if you use ebay do you snipe or just place your maximum bid and let it be. I think if I snipe I might get it cheaper but I dont know if thats the case ***Edited by Forum Dad to move to auction forum***
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Pillar of the Community
United States
1353 Posts |
I have been more successful using a snipe.
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Valued Member
United States
201 Posts |
I bid max so if someone outbids me, I really don't care because it was more than I was willing to pay.
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Pillar of the Community
United States
1840 Posts |
I make a lot of low-ball bids up front on auctions that I don't care too much about and see where the cards fall. I probably win about 5% of those auctions.
However, if I really want an item I'll snipe with 2 seconds left. In my opinion this keeps people from second guessing their bids (including myself).
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Pillar of the Community
United States
1984 Posts |
Sniping has been more successful for me, I use an automated sniping program, but I'm pretty much done with ebay due to their new policies. I'm hopeful that one day ebay won't be as big a factor in coin sales, but I'm not holding my breath.
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Bedrock of the Community
United States
14454 Posts |
I will always use a snipe myself when I find something I want. If I loose the snipe then thats fine because I set my snipe as much as I am willing to pay and if someone else bids more in my opinion they paid to much (even if they don't think so)
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Pillar of the Community
Australia
1040 Posts |
I use both. If it is something I really want, I bid early and to my max bid and wait for the email at the end of the auction to see how I went. This is more a psychological reason than anything else, I hate to lose in the last few seconds, and this way I am not as disappointed if I don't win.
I snipe if it is something I would like to have, but wont be disappointed if I lose.
If I bid early, I win better than 50%.
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Pillar of the Community
United States
1208 Posts |
I do both. In the past I primarily sniped with great success. However there are so many snipers now that I mostly just set my max bid and go with that. When you are constantly bidding or sniping, it is easy to pay more than you would have just setting a "good deal" bid.
Figure out what would be a good deal on the coin, and set that as your max. If you really want a coin, then go ahead and bid closer to it's wholesale value, but still, NEVER bid up to value if you can help it. I save wholesale prices for coins that I can hold in my hand before buying. Retail is for the birds, so I won't even go there.
Either way I win and lose at the same ratio nowadays. I get just as many good deals bidding as sniping.
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Pillar of the Community
United States
2797 Posts |
I'm a sniper. I've used sniping tools, but nothing beats being there at the finish line and watching the action. With a cable modem connection and accurate time piece, I place a bid within one second of auction close. That allows the sniping programs maybe one shot to beat me out. I do this for coins I really want. For those that I can go either way on, I place my max bid during the auction period. If you place a bid, you're bringing attention to the item. For something I highly desire, I don't want any additional attention, so I wait till the last second. My last second bid is my max price. If someone else's max price is higher than mine, they win. Bottom line ... if you have the time it pays to be a sniper. I've placed max bids days ahead of auction close on probably 50-60 items. I have won only one! My sniping success rate is about 99%. 
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Valued Member
United States
264 Posts |
I do both methods. If it's an auction I'm interested in I'll place a max bid, specially if it's something that ends while I'm at work or in the middle of the night. If it is something that I really want I'll set me a reminder and snipe the auction in the last 5 seconds. I win about 3-5% of my max auctions.
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Replies: 9 / Views: 2,668 |
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