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What percentage of your auction bids are winners?
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<p>[QUOTE="rrdenarius, post: 2757178, member: 75525"]I think success rate is a function of how much I (you) want an item and how deep your pockets are compared to the pocket of the next high bidder. How often do you see folks here complain about being Clio'ed? Clio is an example of a deep pocket bidder and your success rate against him (her?) will be loooooooow. </p><p>I normally like to bid live and do not bid when I know I will not win. When I can not watch live, I bid on an item just before the on line bidding closes. My success rate is usually high (25 - 50%), but I only bid on pieces I have a good chance of winning. I am watching a RR denarius with rare symbols that started at a low price (less than $200). When I did a bit of research, I found the few that sold and were listed on acsearch or CNG, sold for ten times that. At least two folks are bidding on the coin and have taken the price above what my pockets allow. I will not bid on the coin. Was my success rate 0%, or did I just not bid on a coin above my budget?</p><p><br /></p><p>I think your success rate of 25 - 33% is pretty good.[/QUOTE]</p><p><br /></p>
[QUOTE="rrdenarius, post: 2757178, member: 75525"]I think success rate is a function of how much I (you) want an item and how deep your pockets are compared to the pocket of the next high bidder. How often do you see folks here complain about being Clio'ed? Clio is an example of a deep pocket bidder and your success rate against him (her?) will be loooooooow. I normally like to bid live and do not bid when I know I will not win. When I can not watch live, I bid on an item just before the on line bidding closes. My success rate is usually high (25 - 50%), but I only bid on pieces I have a good chance of winning. I am watching a RR denarius with rare symbols that started at a low price (less than $200). When I did a bit of research, I found the few that sold and were listed on acsearch or CNG, sold for ten times that. At least two folks are bidding on the coin and have taken the price above what my pockets allow. I will not bid on the coin. Was my success rate 0%, or did I just not bid on a coin above my budget? I think your success rate of 25 - 33% is pretty good.[/QUOTE]
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