What Do You Think

Discussion in 'Coin Chat' started by Rick Stachowski, Apr 16, 2016.

  1. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    I was looking through ebay and found a 1996 Rosy Broad-Strike . The bid was only 5 bucks with some auto bids, so I took it up to 15 bucks and was in the lead .

    So now I did some auto bids and took it up to 25 buck . Then the person who I outbid took it to 26 and a few hours later, won the auction .

    I just got a second chance offer for 25 bucks . Well, my feeling are 15 bucks was my last bid, so thats all I'm willing to pay . I feel it was a ghost bid that took it to 26 bucks .

    Let me know what your feeling are and here's the link to this auction .
    http://www.ebay.com/itm/351710004277?_trksid=p2055359.m2764.l2649&ssPageName=STRK:MEBIDX:IT
     
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  3. rickmp

    rickmp Frequently flatulent.

    Not an auction any more, just a $25 BIN.
    You should have gotten it for your $15 bid.
     
    Rick Stachowski likes this.
  4. green18

    green18 Unknown member Sweet on Commemorative Coins

    I tell second chance offers to go fish.............
     
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  5. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    Funniest thing, they have 3 more in auctions style too ..
    Highest bid right now is about 3 bucks with many days left in the auction ...
     
  6. Blissskr

    Blissskr Well-Known Member

    Regardless of your feelings if your max bid was $25 that's what Ebay is going to automatically fill in to create the second chance offer listing if the seller chooses to go that route. It's also not some arbitrary number it represents what was your maximum bid, clicking the automatic bid button still represents a valid bid that you placed indicating you would pay $25 if you won the auction. Had you won at $25 would you have paid or backed out because you only wanted to pay $15?
     
  7. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    No 1 click bidding took place . About 5 hours were left on the auction, when the ghost bid ( 26 Dollars ) showed up and I never bid again ....
     
  8. Paddy54

    Paddy54 Well-Known Member

    I believe it's a 10-15 $ coin and wouldn't pay any more then that for it . As for second chance offers when I purchased on e bay years ago I did well with them.....but that was on single items where the winner couldn't pay, not on items that there were multiples of. I think the karma gods smiled on you brother as the item in question is not worth over 15$.
     
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  9. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    That was my feelings too ( 15 bucks ) . That's why only the ghost bid showed up right after I was in the lead with 15 dollars, which I would of been fine with ..

    I knew know one would pay over that ( 15 bucks ) ...
     
  10. Hommer

    Hommer Curator of Semi Precious Coinage

    The second chance offer always made me think that there were shill bidders and kinda rubbed me the wrong way.
     
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  11. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    That makes both of us .....
     
  12. Blissskr

    Blissskr Well-Known Member

    So what exactly does this mean?

    Seems like you bid higher than $15 if you took it up to $25 dollars regardless if those were automatic bids or not still counts as binding bids had you been the winner at $25 and the starting point when a seller offers a second chance buy it now is based on the bidders highest non winning bid.
     
  13. Conder101

    Conder101 Numismatist

    The link you posted is not an auction.

    I went looking through his closed auctions and found what I believe was the $26 sale. Was this the auction you meant"

    http://www.ebay.com/itm/1996-HUGE-N...104853?hash=item51e332bf95:g:nq4AAOSwJQdXCW2M

    The bid history for it does show someone being having bid it up to $15, but then was outbid by a proxy bid for $15.50

    A final bid was then placed @ 5:08:31 PM which gave them the high bid of $16.21

    At that point is stayed there for almost 3 hours then the eventual winning bidder placed a max bid. The previous bid @ 5:08:31 had been a $25 max bid. So it bounced back and forth with automatic bids until the $25 max was reached and winners max bid was $26.

    I can't guarantee that was the auction you meant but it seem to match the description.
     
  14. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    $15 was NOT your last bid; $25 was, and what about the $15.67 (or whatever) guy? Perhaps at the set increment above his, but apparently it doesn't work that way.

    As for the supposed "ghost bid", your feedback isn't 2% of the other guy's, your activity with this seller (while still low) is actually higher than his (not to mention your high bid just happens to match the now BIN price), and you both have one bid retraction, so had he kept the coin, would it have been logical, or even acceptable, for him to assume you were a shill?

    You are (or were) certainly under no obligation to accept the second chance offer, but claiming $15 was your last bid and that this amount is all you're willing to pay simply isn't true unless you had no intention of following through on your actual high bid. The same ebay rules that allow buyers to do things and take risks they wouldn't even think about doing in person is, apparently, also the same that take a second bidder's max as their high bid and not whatever lesser amount they might prefer. Take the good with the bad; you can't win em all....
     
  15. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    Funniest part is it's back in auction style listing and I was the 3 bidder on the coin . As for my bid retraction, thats on another coin .
     
  16. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I didn't say you did anything wrong, Rick, but was only trying to show why it is wise to look at the big picture before assuming the worst.
     
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  17. baseball21

    baseball21 Well-Known Member

    How long did it take to get the second chance offer?
     
  18. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    I'd say within an hour or less ...
    Once I was outbid at 26 bucks, I stop bidding .
     
  19. baseball21

    baseball21 Well-Known Member

    If you got a second chance offer within an hour of it ending I would say that does seem to be rather fishy. Usually there is a delay before a buyer would say they don't want it or a couple days of them just not paying.
     
  20. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    Hopefully the seller blocked the other bidder from anymore of his auctions . I think out of anger, the other bidder took it to 26 bucks and was never going to pay that for it .
    Then he thought he would make me pay 25 bucks for it and get a laugh out of me paying that for it .
     
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