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Do auctions with a (hidden) reserve irritate you too?
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<p>[QUOTE="SilverWilliesCoinsdotcom, post: 2766155, member: 86795"]also when I do put things on auction I start at a penny and I don't have a reserve. I only do this with coins that people generally want.take a look at eBay auction says an example that usually have a starting bid and if you look at auctions for particular date mint mark and variety in order of ending soonest you might have pages of 0 bid 0 bids 0 bids 0 bits. If I have a coin and it's been out there for a long time at a Buy It Now price and it hasn't sold after a certain amount of time and I can see that 200 people have looked at it I kind of figured that it's overpriced and I'm not making any money having it sit in my inventory. So I lower the price and I try it again it's not an exact science all I'm trying to do is make a little profit I'm not trying to rip anybody off. It's not a video game where you win and take joy in beating your opponent. if my buyer is happy and I make a little bit of money I'm happy chances are they'll come back.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverWilliesCoinsdotcom, post: 2766155, member: 86795"]also when I do put things on auction I start at a penny and I don't have a reserve. I only do this with coins that people generally want.take a look at eBay auction says an example that usually have a starting bid and if you look at auctions for particular date mint mark and variety in order of ending soonest you might have pages of 0 bid 0 bids 0 bids 0 bits. If I have a coin and it's been out there for a long time at a Buy It Now price and it hasn't sold after a certain amount of time and I can see that 200 people have looked at it I kind of figured that it's overpriced and I'm not making any money having it sit in my inventory. So I lower the price and I try it again it's not an exact science all I'm trying to do is make a little profit I'm not trying to rip anybody off. It's not a video game where you win and take joy in beating your opponent. if my buyer is happy and I make a little bit of money I'm happy chances are they'll come back.[/QUOTE]
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Do auctions with a (hidden) reserve irritate you too?
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