I am Done With Internet Bids

Discussion in 'Coin Chat' started by Randy Abercrombie, Jun 7, 2026 at 2:21 PM.

  1. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Man.... I structured my day to be here for this auction. They had several pieces I was interested in but this one was the piece I was lusting for and I was ready when it crossed the block. I entered a max bid of $300.00 over a week ago. It hit the block and rapidly climbed. Then it closed at $300.00 and I am feeling good that I won.... Then it says it was sold onsite!!!! What the heck? Wasted 2 1/2 hours of a beautiful day too. Dangit!!

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  3. fretboard

    fretboard Defender of Old Coinage!

    Insider trading is what I'd call that, such a shame! :(
     
  4. longnine009

    longnine009 Darwin has to eat too. Supporter

    So they are using bidders to find the top and then someone says thankyou I'll take from here? Have I got that right?
     
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  5. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    That's about the way I see it.
     
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  6. longnine009

    longnine009 Darwin has to eat too. Supporter

    Sounds like false pretenses to me. But I'm not a lawyer.
     
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  7. longnine009

    longnine009 Darwin has to eat too. Supporter

    A few weeks ago I had 4 buy it now orders from 4 different sellers for psyllium husks power canceled. Two said I was using the wrong address--same address I've been using for 25 years. What kind of crap (excuse the pun) is going on with that?
     
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  8. Dafydd

    Dafydd Supporter! Supporter

    Hi @Randy Abercrombie . Don't be disillusioned. Probably means they are honest!
    This is how it works.
    You bit $300 but someone bid $400 the day before you, their bid takes precandence and they buy at the last top offer because they had priority precedence. It happens to me a lot,
     
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  9. Dafydd

    Dafydd Supporter! Supporter

    On Ebay I use Auction Sniper because if there is something stupidly described, if you bid you attract attention and then the bids pile in. My bids are placed in the last seconds. I have had some great buys but mostly losses because I don't follow the bidding and get sucked into auction frenzy.
     
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