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<p>[QUOTE="Conder101, post: 651974, member: 66"]I can see several possible reasons. The day of the week and time of day that the auction ends can have an effect, past history of the seller can have an effect, the exact title of the auction can have an effect by changing how it shows up in a search. Whether the bids are being executed by snipe programs or live bidders can be a factor. And of course it also depends on how many people just happen to be looking for that particular set at the time.</p><p><br /></p><p><br /></p><p>That strikes me as a pretty good indication that the Numismedia FMV is wrong.</p><p><br /></p><p><br /></p><p>Yes.</p><p><br /></p><p><br /></p><p>Unfortunately a lot of it is luck, and you can't be sure of getting what you need. Putting a high starting bid would probably be counterproductive. After all Why would I bid on your auction with the high starting bid when there are plenty of auctions with low starting bids where I might be able to buy it for less than your opening bid?</p><p><br /></p><p>The problem is selling proofs sets means you are selling a VERY generic item. If I don't buy yours there are thousands more of them coming along in the near future and they are all pretty much alike. And generic items typically means low bids because If I don't get your sooner or later my low bid WILL win one so I have no incentive to raise my bid.</p><p><br /></p><p>The best you can do is try to determine the best ending time (others on here with more sales experience can help with that), have fair tems, start at a reasonable or even low level, and have good clear pictures of the actual item. Avoid stock pictures because even for generic items people feel more confident if they know they are seeing the actual item they will be getting.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 651974, member: 66"]I can see several possible reasons. The day of the week and time of day that the auction ends can have an effect, past history of the seller can have an effect, the exact title of the auction can have an effect by changing how it shows up in a search. Whether the bids are being executed by snipe programs or live bidders can be a factor. And of course it also depends on how many people just happen to be looking for that particular set at the time. That strikes me as a pretty good indication that the Numismedia FMV is wrong. Yes. Unfortunately a lot of it is luck, and you can't be sure of getting what you need. Putting a high starting bid would probably be counterproductive. After all Why would I bid on your auction with the high starting bid when there are plenty of auctions with low starting bids where I might be able to buy it for less than your opening bid? The problem is selling proofs sets means you are selling a VERY generic item. If I don't buy yours there are thousands more of them coming along in the near future and they are all pretty much alike. And generic items typically means low bids because If I don't get your sooner or later my low bid WILL win one so I have no incentive to raise my bid. The best you can do is try to determine the best ending time (others on here with more sales experience can help with that), have fair tems, start at a reasonable or even low level, and have good clear pictures of the actual item. Avoid stock pictures because even for generic items people feel more confident if they know they are seeing the actual item they will be getting.[/QUOTE]
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