Don't you just HATE getting bid sniped at the last second on Ebay. . ?

Discussion in 'Coin Chat' started by ZoidMeister, Jan 23, 2021.

  1. ZoidMeister

    ZoidMeister Hamlet Squire of Tomfoolery . . . . . Supporter

    I mean, you've been high bidder for days. You're watching the listing, refreshing every three or four seconds. All looks good right up to the close . . .

    . . . them BAM, auction is over.

    You didn't win . . ?!?!? Some azzhat just beat you out by $1 or $2 over your last bid . . !!!!

    Has this ever happened to you? What were you chasing and how much did you get outbid by?

    I don't mind this happening if the sale price is 25% over my high bid, but $2? C'mon . . .

    What's your story?

    Z
     
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  3. furryfrog02

    furryfrog02 Well-Known Member

    Happens all the time. Annoying? Absolutely. But would I rather get into a bidding war with someone or just bid my max and move on? I choose "move on".
     
  4. baseball21

    baseball21 Well-Known Member

    You don't know how much it would have actually taken to beat the other person. Just because they win by a dollar doesn't mean their high bid wasn't 50 dollars higher or more. Just put your high bid in and if you win you win if not it happens. If it's something you really want make it a strong bid and if you absolutely must have it no matter what put in a nuclear bid
     
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  5. JayAg47

    JayAg47 Well-Known Member

    I hate being bid snipped, but also I did snip other's bid at the last second entry, so I guess i'm fair:angelic:
     
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  6. eddiespin

    eddiespin Fast Eddie

    Maybe the seller didn't want to let it go at your offer. Maybe the winner was stooging for him to save it. I don't know whether this is a common practice in coin auctions, but I've seen it in others.
     
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  7. Dialupsux

    Dialupsux Well-Known Member

    computer aided bidding eh, sniper bid - such as gixen
     
    Last edited: Jan 23, 2021
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  8. bradgator2

    bradgator2 Supporter! Supporter

    There is great joy in being that sniper. :)

    Know what you are willing to spend, and submit it within the last few seconds. If you know this item usually sells for around $50. And it’s shaping up to probably be near that again. Then bid an odd $51.23 or something.
     
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  9. derkerlegand

    derkerlegand Well-Known Member

  10. -jeffB

    -jeffB Greshams LEO Supporter

    Make sure you understand how eBay bidding really works. If you're outbid by only one other person, their winning bid will always be one increment above your maximum (unless their maximum bid exceeds yours by less than the increment).

    https://www.ebay.com/help/buying/bidding/automatic-bidding?id=4014

    https://www.dummies.com/business/on...ke-your-high-bid-by-proxy-in-an-ebay-auction/
     
  11. ddddd

    ddddd Member

    I have had it happen in both directions. I've won and lost items in the last seconds by as little as a few cents. Losing by one bid increment leaves a feeling of mystery-did the person bid just a little more or did they bid quite a bit more? Losing by pennies means you just didn't guess the right number.
     
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  12. LRC-Tom

    LRC-Tom Been around the block...

    People use sniper software. It happens all the time.
     
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  13. baseball21

    baseball21 Well-Known Member

    Realistically it just means someone else wanted it more. You can't snipe over someones top bid unless they are willing to pay more
     
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  14. fretboard

    fretboard Defender of Old Coinage!

    Yep, if you've never sniped, you've never lived! laughhard.gif
     
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  15. White Ger. Shep. Lover

    White Ger. Shep. Lover Well-Known Member

    Depending upon the bidder, in some cases, getting snipped was actually a good thing for them.........not necessarily speaking of you here, Baseball21......you were just the last one who posted.
     
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  16. White Ger. Shep. Lover

    White Ger. Shep. Lover Well-Known Member

    Looks like I just got snipped by Fretboard.
     
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  17. Hiddendragon

    Hiddendragon World coin collector

    I don't really buy much anymore but when I did it would happen all the time, and it always seemed like 95% of the time I was the runner up. You'd think it would more often be the case that two people or more would outbid me, but no, it was always me and one other guy. I'd always think, if only that one other guy wasn't there I would have had it and had it cheaper besides.
     
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  18. yakpoo

    yakpoo Member

  19. dwhiz

    dwhiz Collector Supporter

    I always bid my max and if I win fine if I lose that's fine also. as there will be another one to bid on.
    This is a hobby to me just something I enjoy.
     
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  20. BRandM

    BRandM Counterstamp Collector

    Same here, dwhiz. I bid what it's worth to me, or what I can afford. If I'm outbid I just move on...don't lose any sleep over it.

    Bruce
     
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  21. ZoidMeister

    ZoidMeister Hamlet Squire of Tomfoolery . . . . . Supporter

    Here's why I started this thread.

    I recently won two auctions on Ebay by doing the snipe. I put in early "feeler" bids on the items just to keep them more visible in my Ebay feed and to see what other interest is out there. Close to the end of the auction, I see one or two bidders making small incremental bids until my feeler bid gets outbid. I know from their pattern, they are not "all in" and are only a few dollars above me at that point.

    Right at auctions end, with seconds left, I drop my real maximum. This ended up winning at a couple bid increments above my feeler bid and way below my maximum.

    I get the sense that if I had started with my maximum, the other bidder would have continued nickel and dime bidding until my max was hit. I've seen this pattern in the past and it has cost me.

    By letting the other guy believe he is getting a great deal up until seconds before auctions end, I can recoup the lead for one or two bid increments.

    Sometimes when the starting bid is too close to my maximum, I will put my feeler bid at cents above starting bid. That allows the alternate bidder to feel comfortable to the end. I'll drop my maximum bid as kind of a "spite" bid to get whomever outbid my feeler bid to pay a bit more. Sometimes this approach gets the item for one bid increment but still quite a bit lower than my maximum.

    Both approaches remove the psychology of open bidding and turn Ebay into more of a "sealed bid" or "secret bid" platform.

    Just relating what has been sucessful for me. This obviously does not work if there are three or more other bidders on a particular item. But if I am going head to head with one or possibly two other bidders, it works for me.

    Z
     
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