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<p>[QUOTE="-jeffB, post: 1099513, member: 27832"]When I was selling most heavily, five or ten years ago, Sunday evening (9-12 EST) was the best time to get lots of bidders. I was selling computer memory, which was pretty popular and fungible, and I was able to look at closing prices across different times and weekdays. Sunday evening auction closes went significantly higher. Not sure how much it's changed since.</p><p><br /></p><p>When I'm buying, I look for things that close in the wee hours, or early morning Eastern time.</p><p><br /></p><p>Bahabully's comments about holidays and big events are true, but not universal. I was hoping to score on some neglected auctions during the Superbowl, but I think there were a whole lot of people with the same idea. It didn't work out very well.</p><p><br /></p><p>I'm thinking of selling off some junk silver, and I'm trying to decide how to handle it. I'm leaning toward 24-hour auctions starting Saturday night, or maybe even just BIN. But I wonder if a one-week or longer auction might be better:</p><p><br /></p><p>Silver price falls over the week -- I get less.</p><p><br /></p><p>Silver price rises over the week -- I get more.</p><p><br /></p><p>Silver price dips during the week -- I'm unaffected.</p><p><br /></p><p>Silver price spikes during the week -- the auction <i>might</i> get bid up during the spike, and once the bids are in, the buyer is on the hook.</p><p><br /></p><p>Given the prevalence of sniping, though, I'm just not sure intra-week activity matters much. I see relatively few auctions that get realistic bids prior to the closing minutes.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1099513, member: 27832"]When I was selling most heavily, five or ten years ago, Sunday evening (9-12 EST) was the best time to get lots of bidders. I was selling computer memory, which was pretty popular and fungible, and I was able to look at closing prices across different times and weekdays. Sunday evening auction closes went significantly higher. Not sure how much it's changed since. When I'm buying, I look for things that close in the wee hours, or early morning Eastern time. Bahabully's comments about holidays and big events are true, but not universal. I was hoping to score on some neglected auctions during the Superbowl, but I think there were a whole lot of people with the same idea. It didn't work out very well. I'm thinking of selling off some junk silver, and I'm trying to decide how to handle it. I'm leaning toward 24-hour auctions starting Saturday night, or maybe even just BIN. But I wonder if a one-week or longer auction might be better: Silver price falls over the week -- I get less. Silver price rises over the week -- I get more. Silver price dips during the week -- I'm unaffected. Silver price spikes during the week -- the auction [I]might[/I] get bid up during the spike, and once the bids are in, the buyer is on the hook. Given the prevalence of sniping, though, I'm just not sure intra-week activity matters much. I see relatively few auctions that get realistic bids prior to the closing minutes.[/QUOTE]
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