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 Replies: 32 / Views: 3,868 |
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Pillar of the Community
United States
629 Posts |
The real question is, if you were interested in an particular coin and you knew of a buddy was bidding on it.
Would you bid against her/him?
Would you perhaps talk to that person and develop a plan of bidding so that you don't pay too much?
You could create a strategy that would help you to win bids and keep others out?
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Pillar of the Community
United States
1391 Posts |
If he was bidding first I would not. Seems kind of like hitting on a girl you know your buddy is interested in. Sure the ring isn't on her finger so technically she isn't married but it just doesn't feel right. But that is just me.
Now if he is just talking about bidding on it but never does, that is another story.
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Pillar of the Community
United States
1817 Posts |
Yes, & then present it as a gift later.
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Valued Member
United States
124 Posts |
imo, just as in poker that 'theres no friends at a poker table" theres no friends at an auction either.....
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Pillar of the Community
United States
1007 Posts |
No, My friends are more important to me than an object.
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Pillar of the Community
Canada
1442 Posts |
LOL...the scenario seems very unlikely to happen in real life :)
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Valued Member
United States
406 Posts |
Nope. Sounds like a good way to ruin a friendship if you ask me.
Although I also think the chances of that happening are about the same as my getting hit on the head with a meteorite when I leave my office today.
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Pillar of the Community
3352 Posts |
Even if my own mother was bidding on a coin that I really wanted, I'd take 'er out at the knees!
Actually, I can hardly wait to see danlos9551's username at the next on-line auction => there's now blood in the water! (he outbid me on two coins at the last auction!)
; )
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Pillar of the Community
Canada
1442 Posts |
What was the other one? :)
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Pillar of the Community
United States
2602 Posts |
Going into cohorts with someone during an auction to map out an auction bidding strategy is very unethical. That is a type of shill bidding.
There is only one winning bidding strategy: bid the highest amount, more than anyone else is willing to pay. And be prepared to put your highest amount you are willing to pay and then walk away if you get outbid and not get caught up in bidding fever at the end of an auction.
As for bidding against a friend, I'd say no. The chances are high that the same coin/mint mark will come up again.
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Valued Member
Canada
103 Posts |
It all depends. I was at a farm auction with my brother. He indicated that he wanted to bid on a certain high end cattle shelter. I was also interested in it. We discussed it, and came up with the following agreement. He indicated what his max bid would be. I agreed not to bid unless the bidding exceeded his max. As it turned out, the bidding exceeded his max bid by several thousand dollars, at which point I jumped in and bought the shelter. He was satisfied that I wasn't shafting him. I was satisfied to get the item. Happy ending.
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Pillar of the Community
United States
759 Posts |
How about a twist...would you bid against a CCF member that posted a "what do you think of this coin" thread seeking opinions?
And all my friends seem to make a LOT more money than I do, so bidding against them would be futile.
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Valued Member
United States
257 Posts |
Agree with Yoda- just show your hand on how much you're willing to bid and let the one with the higher amount run with it.
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Bedrock of the Community
United States
10635 Posts |
Quote:
Going into cohorts with someone during an auction to map out an auction bidding strategy is very unethical. That is a type of shill bidding. What? Two buyers mapping out a bidding strategy is "shill bidding"? No. Only if it involves the seller too. Buyers mapping out buying strategy is called smart buying. If you think two buyers is bad, you must really think sniping an auction is totally unethical too! BTW, to answer the original question... talk to your friend about it and work something out. There will be other coins, but a true friend is irreplaceable! Les  |
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Pillar of the Community
United States
1424 Posts |
it's a public auction site, bid on anything you want. If your friend gets mad over it then they are not that good of a friend anyway.
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Pillar of the Community
United States
4132 Posts |
Quote:
How about a twist...would you bid against a CCF member that posted a "what do you think of this coin" thread seeking opinions? I do worry about that one! I imagine a scenario where I see a nice coin on ebay and think "Gee, I'd like to get a second opinion on this coin, it looks nice, but I worry it might have such and such problem..." so I post it here, get told it's a great coin, and then some deep-pocked forum member snipes it from me. |
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Replies: 32 / Views: 3,868 |
Posted 07/27/2011 3:27 pm
