Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Royal Estate Auctions - $1 Coin AuctionsSpecializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Ebay Bottom Feeders ? Why

To participate in the forum you must log in or register.
Author Previous TopicReplies: 21 / Views: 6,341Next Topic
Page: of 2
Valued Member
United States
193 Posts
 Posted 03/25/2009  7:18 pm  Show Profile   Bookmark this reply Add jewellge to your friends list Get a Link to this Reply

I agree that it's a way to segregate between watched items and items you might want to bid on later.

One other advantage is that if it doesn't sell and the seller wants to relist or send out second chance offers is that you'll get notified. I once bid on an item and it still didn't meet the reserve but got a second chance offer at my bid and bought it.
Pillar of the Community
snowman's Avatar
United States
1840 Posts
 Posted 03/25/2009  8:15 pm  Show Profile   Bookmark this reply Add snowman to your friends list Get a Link to this Reply
I've had sellers pull auctions that that I was interested in bidding on (of course I was waiting until the last minute to snipe, but that is a different thread all together). Now I put in a nominal bid for any auction that interests me. I'm hoping that, by doing so, the seller won't want to pull it or won't be able to.

I should mention that I am not above bottom feeding too...
Valued Member
norseman012's Avatar
United States
357 Posts
 Posted 03/25/2009  10:29 pm  Show Profile   Bookmark this reply Add norseman012 to your friends list Get a Link to this Reply
Thanks Jewellge, The second half of your responds Was very informative I would have never thought of that. Thank You.
Edited by norseman012
03/25/2009 10:31 pm
Valued Member
Five4fighting's Avatar
United States
129 Posts
 Posted 03/26/2009  11:57 pm  Show Profile   Bookmark this reply Add Five4fighting to your friends list Get a Link to this Reply
I'd have to agree with Bobby saying Reserves are worthless, Myself, I NEVER EVER make bids on a auction with a reserve on it, I wish ebay would come up sith some kind of "mark" so I dont wast my time clicking on a ebay add with a reserve price on it.
Most of the time I have seen, seems like the reserve is not met.
Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 03/27/2009  12:49 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Most experienced ebay buyers see "Reserve Not Met" and instantly assume that the seller wants too much money for the item. And most of the time, they'll be correct! If I happen to make the first bid in a reserve auction and see "Reserve Not Met", I'll usually just leave it at that and check the final bid price in My ebay after the auction ends.

I avoid 'reserve' auctions like the black plague, for anything, not just for coins.... Collector car auctions' reserves (for example) in my general opinion are a lot more 'out of line' than coin auction reserves. Several years ago, my uncle sold a collector car for thousands above its market value. His auction was headlined "No Reserve", and two similar cars on ebay at that same time went unsold and they had reserves. He found out later that one seller's reserve was lower than what my uncle's car sold for! The other cars got three bids and four bids respectively, but my uncle's car got 33 bids.


Quote:
Five4fighting: I wish ebay would come up with some kind of "mark" so I don't waste my time clicking on a ebay (auction) with a reserve price on it.

Edited by DNA
03/27/2009 01:01 am
Valued Member
PennehChaos's Avatar
United States
311 Posts
 Posted 03/27/2009  1:34 pm  Show Profile   Bookmark this reply Add PennehChaos to your friends list Get a Link to this Reply
Yup, I do a lot of bottom-feeding when I have time to kill at work... I'll go through all the listings for a particular item I'm interested in that are under my budget, and if it's not "the one" I'm looking for, but still at the opening bid or way under market value, I'll put up a lowball bid just on principle. Doesn't pay off very often, but it's not much of a time investment once you've already got the listing open.
  Previous TopicReplies: 21 / Views: 6,341Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.22 seconds to rattle this change. Forums