ebay sniper programs

Discussion in 'Coin Chat' started by bkozak33, Mar 18, 2013.

  1. rlm's cents

    rlm's cents Numismatist

    I have used GavelSnipe since my eBay toolbar quit working back in 2010. I have not yet paid a cent for it. It has executed nearly 3,000 times without a glitch yet. Every single time it has executed just as I wanted it to.
     
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  3. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I use bid slammer and am happy with it--though there is nothing different than making your maximum bid early in the auction, and sticking to it. Remember, the highest bid wins, not necessarily the last one.
     
  4. Conder101

    Conder101 Numismatist

    But there are often times when I can't get to the computer when the auction is ending, or I would have to get up in the middle of my sleep period to do so. AND I have to remember the auction to know i need to go to it. I can set my snipes and forget about it, the program handles remembering the auctions, being there, and placing my last moment bids. And back when I was using dialup I no longer had to worry about the connection suddenly going slow on me and my bid missing the end of the auction.
     
  5. medoraman

    medoraman Supporter! Supporter

    I agree, BUT I have seen many times people trying to "creep up" bids. If you place your bid early they have a chance to do this. I prefer to not let anyone know I am interested in the lot, and simply bid with 4 seconds to go. I am firmly convinced I have saved thousands by doing so.
     
  6. rlm's cents

    rlm's cents Numismatist

    That is exactly what I was going to say.
     
  7. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    When I was using Bidnapper, it cost me $43 a year for unlimited snipes, and I was winning about 80% of those auctions for less than my max bid. When I first started using it, I was curious to see when my bid would actually be placed, so I watched some of the auctions. On average, Bidnapper would place my bid with 1-2 seconds left in the auction.

    Chris
     
  8. Conder101

    Conder101 Numismatist

    Sniping has no real advantage price wise over someone who places an early max bid, or against someone else who is sniping, but it has a decided advantage over the reactionary bidder (who simply bids whenever he is outbid and continues to do so until he is high bidder again) compared to the early max bidder.

    As an example say we have a coin currently sitting at $50 and to make it simple there are only two people interested in it and they are both willing to pay close to $200 for it. You are a max bidder so you put in your bid and you are high bidder at $55. So the reactionary bidder starts bidding and he keeps being out bid by your max bid. Now say he gives up at $190 you win for $195 , less than your max bid and you are happy.

    This time same situation but you are a sniper and you set your snipe for $200 and take your wife out to dinner and a movie. Meanwhile the reactionary bidder bids $55. He is high bidder and he is sitting happy until 5 seconds before the auction ends. Your snipe is executed and you are high bidder at $60. He panics, acts real fast and manages to get in a $65 bid. Thanks to your snipe you are still high bid at $70 and he is out of time. While you have been out enjoying yourself you have won the coin, this time for $70 instead of $195.
     
  9. jello

    jello Not Expert★NormL®

    Cell ebay app is what I use on eBay
    but I only have 23 seller I will bid on. I been eBay Biding since 1992 if not graded by a Tpg or one of 23 I do not bid.
     
  10. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    Ebay.com only existed since 1997
     
  11. Conder101

    Conder101 Numismatist

    That's OK, he was there waiting for them. :)
     
  12. rlm's cents

    rlm's cents Numismatist

    Try somewhere in between the 2 of you.

     
  13. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    Prior to 1997, it was called AuctionWeb.com, Ebay.com didn't exist until 1997.
     
  14. imrich

    imrich Supporter! Supporter

    Some Coins Are Virtually Unavailable Without Sniping

    There's great competition for the elusive "key" coins in the majority of coin sets. I've complete "book" sets of the seemingly most desirable U.S. coin, namely the Morgan Dollar. An elusive coin not included in the book set is the 1878 8 tail feather coin, especially in "gem" state, and HMPL condition. The coin described is generally unavailable, but if anything close to that described is every offered on eBay, it will probably be acquired only through a "snipe" bid. I've only been able to locate the aforementioned coin in a grade below "Gem", where it was unavailable by reasonable "open bidding", being acquired by an "outrageous" snipe bid. This has generally been my observation for objects of intense interest.

    For the coins that "buyers care less" they can be acquired in an open auction. Those of advanced interest are generally acquired by snipe bids, often only with bids that most would consider "outrageous". It's been repeatedly determined that the final bid is more market realistic when snipe bidding is utilized, as it eliminates several distasteful/illegal elements of open bidding, including the "shill".

    I hope that you and others "could care less", and remain disinterested in the auctions which I find interesting.

    JMHO :thumb:
     
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