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<p>[QUOTE="umtrr-author, post: 166341, member: 5719"]I have found some of the sniping going on for model railroading items (not coins) to be amusing. The usual suspects bid up an item <b>far</b> beyond what I'm willing to pay, and often compete with each other. Many of these items do wind up being listed on eBay stores for resale. </p><p><br /></p><p>Example: My bid is $10</p><p>Someone comes in late for $20 (way over my maximum valuation)</p><p>Someone else tries to snipe for $50 </p><p>A third someone else out-snipes the first sniper for $51</p><p>It winds up in an eBay store for $75</p><p><br /></p><p>However: if the non-store owners weren't willing to bid up to the sale price to begin with, why would anyone think that they would pay the even higher price for it in an eBay store? Well, it's a free country.</p><p><br /></p><p>I just bid what I think it's worth, sometimes that's early and sometimes late, depending on when I see it. If I get it, I get it, if I don't, I don't. I don't spend a lot of time on eBay so I'm sure I'm not aware of many things I would be interested in. </p><p><br /></p><p><i>99.999 percent of the time, there will be another one.</i> I think that's an important thing to remember. </p><p><br /></p><p>For example: a fairly scarce book I wanted wound up in a snipe fest and went for over $50. The next time it came up, I was the only bidder and I got it for $8. I'm really glad I didn't get the first one!</p><p><br /></p><p>All this assumes that the item and the seller have passed the "sniff test" which, as we all know, is another subject entirely...[/QUOTE]</p><p><br /></p>
[QUOTE="umtrr-author, post: 166341, member: 5719"]I have found some of the sniping going on for model railroading items (not coins) to be amusing. The usual suspects bid up an item [b]far[/b] beyond what I'm willing to pay, and often compete with each other. Many of these items do wind up being listed on eBay stores for resale. Example: My bid is $10 Someone comes in late for $20 (way over my maximum valuation) Someone else tries to snipe for $50 A third someone else out-snipes the first sniper for $51 It winds up in an eBay store for $75 However: if the non-store owners weren't willing to bid up to the sale price to begin with, why would anyone think that they would pay the even higher price for it in an eBay store? Well, it's a free country. I just bid what I think it's worth, sometimes that's early and sometimes late, depending on when I see it. If I get it, I get it, if I don't, I don't. I don't spend a lot of time on eBay so I'm sure I'm not aware of many things I would be interested in. [I]99.999 percent of the time, there will be another one.[/I] I think that's an important thing to remember. For example: a fairly scarce book I wanted wound up in a snipe fest and went for over $50. The next time it came up, I was the only bidder and I got it for $8. I'm really glad I didn't get the first one! All this assumes that the item and the seller have passed the "sniff test" which, as we all know, is another subject entirely...[/QUOTE]
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