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<p>[QUOTE="medoraman, post: 1922899, member: 26302"]Exactly. Its because it prevents other to talk themselves into higher bids. If you put your best price in first, everyone can keep upping their bid until they outbid you. Way back when I did it this way, and lost most auctions, and probably overpaid on those I did win. Now, no one else knows I am interested in a lot, or my max bid, until its too late.</p><p><br /></p><p>Plus, as an added bonus, I keep MYSELF from talking myself into higher prices. I know myself, I would do it, so by forcing myself to only set snipes and walk away I prevent myself from overbidding.</p><p><br /></p><p>I have done it both ways folks, I have seen the positive effects to sniping on Ebay. If you don't want to do it, that is your choice, but I personally feel you are shortchanging yourself.</p><p><br /></p><p>As to my comment about "real buyers", there are some sellers I pay attention to. From feedback you can see who certain buyers are, (that its one buyer). Almost all of the coins from these sellers are bought by a fairly small group of us, and all of us use sniping. From what I have seen, most material, at least in coins, at auction on Ebay are bought in the last few seconds. THAT was the basis of my comment, and it was not meant derisively Lettow. I honestly felt most $'s spent at auction on Ebay was from those who sniped.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1922899, member: 26302"]Exactly. Its because it prevents other to talk themselves into higher bids. If you put your best price in first, everyone can keep upping their bid until they outbid you. Way back when I did it this way, and lost most auctions, and probably overpaid on those I did win. Now, no one else knows I am interested in a lot, or my max bid, until its too late. Plus, as an added bonus, I keep MYSELF from talking myself into higher prices. I know myself, I would do it, so by forcing myself to only set snipes and walk away I prevent myself from overbidding. I have done it both ways folks, I have seen the positive effects to sniping on Ebay. If you don't want to do it, that is your choice, but I personally feel you are shortchanging yourself. As to my comment about "real buyers", there are some sellers I pay attention to. From feedback you can see who certain buyers are, (that its one buyer). Almost all of the coins from these sellers are bought by a fairly small group of us, and all of us use sniping. From what I have seen, most material, at least in coins, at auction on Ebay are bought in the last few seconds. THAT was the basis of my comment, and it was not meant derisively Lettow. I honestly felt most $'s spent at auction on Ebay was from those who sniped.[/QUOTE]
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Have you ever bought or sold coins/currency for less than face value?
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