The Rockwell advice is great for buyers, but not for sellers.
If you are a seller, you want the highest price.
I want a roll of Y2K2 film, but it went over the price I was willing to pay early. I'll figure out some other way to cut 50mg for that price... It reminds me of the Wilder Winder that went for over $400. I got the exact same one for $150 because I was willing to wait.
Regards.
Mike Kirda
--- In Indoor_Construction_at_yahoogroups.com, Nick Ray <lasray@...> wrote:
>
> Ron,
>
> The link you posted is good advice but it ignores the concept of "Forcing."
>
> Forcing is the idea when and item is one-of-a-kind bidder may have a made
> up stupid money price. i.e. an item that may have sold for 40 dollars
> originally, is worth 500 dollars to them. The bidder then plans to bid up
> to that amount. Because of sniping, also known as bidding at the last
> second before an auction ends, the forcing bidder wants to drive the price
> high enough that no one else would dare to bid on it in the closing
> seconds.
>
> Sniping doesn't happen in art or antiquities auctions because the
> auctioneer will keep the clock running until everyone stops bidding.
> However, Ebay auctions can often go to the person with the fastest internet
> connection. If something is very valuable, its sometimes not worth leaving
> it to chance.
>
> What we saw with the Y2k2 auction was two people employing the forcing
> technique method of bidding. One of the bidders high marks just stopped
> short of the others.
>
> Best,
>
> Nick
>
> On Thu, Mar 21, 2013 at 1:18 PM, rwindoor <groncan_at_...> wrote:
>
> > **
> >
> >
> > Also, don't bid until the last hour or so. There's good advice about
> > bidding/selling on ebay at: http://www.kenrockwell.com/tech/ebay/index.htm
> >
> >
> > --- In Indoor_Construction_at_yahoogroups.com, Don Slusarczyk <don@>
> > wrote:
> > >
> > > A little suggestion for indoor modelers who bid on ebay items, don't bid
> > > unless you actually intend to buy.
> > >
> > > Regards,
> > > Don Slusarczyk
> > >
> >
> >
> >
>
Received on Thu Mar 21 2013 - 11:44:18 CET