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 Replies: 17 / Views: 3,017 |
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Moderator
 United States
16679 Posts |
...I get an alert on my phone that it's at $511.00 Look what it ended at, all taking place in 15 minutes  http://www.ebay.com/itm/1787-MASSAC...33852143?ru=http://www.ebay.com/sch/i.html%3F_from=R40&_sacat=0&_nkw=121133852143&_rdc=1&nma=true&si=1QDc1dCMxpOwWrf2OBVXW5JbwgE%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557 swcoin.ecrater.com
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Forum Dad
United States
24167 Posts |
I listed an empty box for a post war Lionel anniversary set years ago that went from around 50 bucks to over 800 in the last 3 minutes. |
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Moderator
 United States
16679 Posts |
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Pillar of the Community
United States
3540 Posts |
Unreal...speechless. What should be a nominal price for such a coin?
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Pillar of the Community
United States
4897 Posts |
Looks about right for a Ryder-6A of this quality.
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Moderator
United States
16679 Posts |
Yeah, the Ryder-6A is one you don't see everyday. That price is not surprising but how fierce the bidding can get last minutes!
It's a phenomenal planchet!
swcoin.ecrater.com
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Pillar of the Community
United States
1536 Posts |
It always seems to get that way. A few people put in their top bid with a few minutes after the bidding ends.
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Valued Member
United States
477 Posts |
A lot of people are trying to not run up the price by bidding early. I really don't think that matters much as most folks will pay what they'll pay. I do know I have not bid on an item because it's early bids were already high knowing it will go higher in the last minute.
Rick
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Moderator
United States
15459 Posts |
Wow .... I suppose I should not be surprised that many folks prefer to wait to the end ... but that nearly 4x increase in the final 15 minutes is a bit astonishing.
BTW ... did you win it?
David
Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
Russian Federation
5174 Posts |
Looking closely at the bids, seems it actually happened in fifteen seconds To be precise (all times converted to forum default): 19:15:26 - price still around $511; 15 seconds to go 19:15:34 - someone bets $750, price climbs a bit to $610-ish; 7 seconds to go 19:15:35 - someone bets an uncertain high amount, price climbs to $760-ish; 6 seconds to go 19:15:37 - someone bets $1000, doesn't win but price climbs to $1020-ish; 4 seconds to go 19:15:39 - someone bets $2142+, doesn't win either but price climbs to $2167+; 2 seconds to go 19:15:41 - auction ends ...That's sniping for you, I suppose. Also known as why I really don't like ebay auctions. |
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Moderator
United States
23522 Posts |
That's typical ebay sniping. It should be expected as the norm rather than the outlier, if you're offering something truly juicy. I know I haven't placed a bid on an item at ebay with more than ten seconds left for years. |
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Pillar of the Community
2087 Posts |
Quote:I know I haven't placed a bid on an item at ebay with more than ten seconds left for years. I'm the same.....Except sometimes some buyers if they get no response pull the item. I prefer sniping for the simple reason it gets me out of any bidding war. These days I resent it when someone starts bidding the price up days before the end of the Auction( IMHO early bidding wars are a sign of inexperience) |
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Pillar of the Community
United States
2077 Posts |
As a buyer, sniping is great. As a seller, not so, especially since ebay won't let you pull auctions in the last 24 hours. If you have something that just isn't moving, you have to sweat it out until the end. What would be better is if they made it so that the auction didn't end until 5 minutes after the last bid. That would totally kill sniping. |
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Rest in Peace
United States
10625 Posts |
The only time I bid on an auction before the last few seconds is if I'm the first bidder and I place what I call a watch bid, a buck or two.
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Pillar of the Community
United States
2077 Posts |
That explains why I see closed auctions with low bids. It seemed strange that on an item that closed at $500, someone would drop out of the running at $2.
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Rest in Peace
United States
10625 Posts |
A lot of auctions are beyond what I'm willing to pay even before the "sniping hour" or sometimes something better will come along and I'll just delete the auction from view once I'm outbid.
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Replies: 17 / Views: 3,017 |
Posted 07/13/2013 7:49 pm
