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<p>[QUOTE="dougsmit, post: 1787582, member: 19463"]In the good old days, eBay openly posted the handle of bidders so I could bid $1 and my friends would not bid against me. That was really not fair to sellers who started a lot at $1 and hoped two of us would battle over it. As a result, eBay decided not to post the ID of bidders so you never know if you are bidding against me or not. </p><p> </p><p>This same situation really worked both ways. If I bid on a lot as a scent marker, someone who was not my friend but knew that I was a specialist in that area could figure that if I were willing to pay $10 for a coin it must be worth more so they would bid $20 not having any idea what it was that they bidding on. The playing field was somewhat leveled when Sniping was invented. Most winning bids on eBay are placed in the last 10 seconds and you never know if I bid on it or not since only the seller sees the winner's ID and many of my losing bids are never actually posted because the lot was over my head before my allotted time came up. This is fair. I used to despise snipers but I joined them. If you want to win coins, bid more than they are worth. If you want bargains, bid on 1000 lots and realize you may win one or two because no one else thought the coin was worth having. If things go bad and you win all 1000 lots, well, you should have known better. I have won a dozen coins in sales that I expected nothing and nothing in sales I expected to sweep. That is the game. </p><p> </p><p>The absolute best way to bid in a sale is to hire an agent that you trust. I once paid an additional 5% (I have no idea what they charge now) to a man who was attending a sale in person with instructions to buy what he could from my list that looked like the big dogs did not want. That day cost me $1500 and I got some great coins at well under my maximums. A couple were even coins I would have paid double but I could have just as easily struck out.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 1787582, member: 19463"]In the good old days, eBay openly posted the handle of bidders so I could bid $1 and my friends would not bid against me. That was really not fair to sellers who started a lot at $1 and hoped two of us would battle over it. As a result, eBay decided not to post the ID of bidders so you never know if you are bidding against me or not. This same situation really worked both ways. If I bid on a lot as a scent marker, someone who was not my friend but knew that I was a specialist in that area could figure that if I were willing to pay $10 for a coin it must be worth more so they would bid $20 not having any idea what it was that they bidding on. The playing field was somewhat leveled when Sniping was invented. Most winning bids on eBay are placed in the last 10 seconds and you never know if I bid on it or not since only the seller sees the winner's ID and many of my losing bids are never actually posted because the lot was over my head before my allotted time came up. This is fair. I used to despise snipers but I joined them. If you want to win coins, bid more than they are worth. If you want bargains, bid on 1000 lots and realize you may win one or two because no one else thought the coin was worth having. If things go bad and you win all 1000 lots, well, you should have known better. I have won a dozen coins in sales that I expected nothing and nothing in sales I expected to sweep. That is the game. The absolute best way to bid in a sale is to hire an agent that you trust. I once paid an additional 5% (I have no idea what they charge now) to a man who was attending a sale in person with instructions to buy what he could from my list that looked like the big dogs did not want. That day cost me $1500 and I got some great coins at well under my maximums. A couple were even coins I would have paid double but I could have just as easily struck out.[/QUOTE]
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Wee bit o' pee? ............ it's auction time!!
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