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<p>[QUOTE="ikandiggit, post: 1473114, member: 16269"]There are a number of tactics that can be used to win auctions (whether there is collusion or not). </p><p><br /></p><p>#1-If you see a coin that you're willing to spend $30 and the auctioneer gets an opening bid of $2 and everybody is bumping it buy a dollar, you step in and call out $20 or $25 as your first bid. Sometimes that throws the other bidders off guard and they go silent. </p><p><br /></p><p>#2-Bid till you win on the item <i>before</i> your item comes up to establish a sense that you will spend stupid money on anything you bid on. When your item comes up sometimes no one will bother bidding. You take the average paid on the two items and you'll find you've gotten a good deal on both.</p><p><br /></p><p>If I'm a dealer at auction, I don't look at the price that I paid for each individual item, I average out the cost over all the items I've won. At "sealed boxes" sales, I buy several because I know there's going to be garbage in some but treasures (hopefully) in the others. If I paid $2 for some and $10 for others, <i>I average out the price per box.</i> So in fact, I've actually paid $4 per box. I can generally recoup my investment even on the garbage boxes which usually have something I can sell for the averaged price I paid.</p><p><br /></p><p>I've been going to auctions for over 40 years. Sometimes, I've gone home empty handed (c'est la vie). Other times I've had to hire someone with a truck because I won almost everything I bid on.</p><p><br /></p><p>People go to auctions with the intent of winning something. What's the point of winning if you overpay? </p><p><br /></p><p><i>If you don't like the way auctions work, don't go. </i>[/QUOTE]</p><p><br /></p>
[QUOTE="ikandiggit, post: 1473114, member: 16269"]There are a number of tactics that can be used to win auctions (whether there is collusion or not). #1-If you see a coin that you're willing to spend $30 and the auctioneer gets an opening bid of $2 and everybody is bumping it buy a dollar, you step in and call out $20 or $25 as your first bid. Sometimes that throws the other bidders off guard and they go silent. #2-Bid till you win on the item [I]before[/I] your item comes up to establish a sense that you will spend stupid money on anything you bid on. When your item comes up sometimes no one will bother bidding. You take the average paid on the two items and you'll find you've gotten a good deal on both. If I'm a dealer at auction, I don't look at the price that I paid for each individual item, I average out the cost over all the items I've won. At "sealed boxes" sales, I buy several because I know there's going to be garbage in some but treasures (hopefully) in the others. If I paid $2 for some and $10 for others, [I]I average out the price per box.[/I] So in fact, I've actually paid $4 per box. I can generally recoup my investment even on the garbage boxes which usually have something I can sell for the averaged price I paid. I've been going to auctions for over 40 years. Sometimes, I've gone home empty handed (c'est la vie). Other times I've had to hire someone with a truck because I won almost everything I bid on. People go to auctions with the intent of winning something. What's the point of winning if you overpay? [I]If you don't like the way auctions work, don't go. [/I][/QUOTE]
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