carouselvic
I'll Lock Up
- Messages
- 4,986
- Location
- Kansas
NRA Panama
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Ebay Hats: Victories, Defeats, Gripes & Items of Interest
Marc Chevalier
Gone Home
- Messages
- 18,192
- Location
- Los Feliz, Los Angeles, California
- Messages
- 15,089
- Location
- Buffalo, NY
+1 and not bad on the outside either... nice find!
Tango Yankee
Call Me a Cab
- Messages
- 2,433
- Location
- Lucasville, OH
Thank you, gentlemen!
Rodkins, I am glad you held off as yes, you did save me abut $70 as my own max was significantly higher.
I really don't understand it; there were 56 watchers on that hat, so I was expecting some heavy competition for it at the end but very little materialized. Marc's Oxblood had 44 watchers, I think, but again the competition for it that I expected failed to materialize.
I guess in the end all you can say is that there's no accounting for eBay!
On the subject of Reserves, as a buyer I find them a bit annoying. My position is that a seller should set their opening bid at the absolute minimum they'll accept for the hat. Of course, the problem with that position is that many people will not bid on an item with a high opening bid because they're hoping against hope to score a diamond for pennies so I understand it when a reserve is used but with a low opening bid. But if there's an item I'm interested in and it has a reserve I'll set my sniper at the max I'd be willing to go and let it do it's thing. If it's under the reserve, oh well. I don't get into the multiple small bids to find the reserve thingie.
Carouselvic, that's one heck of a nice Panama! :eusa_clap
Cheers,
Tom
Rodkins, I am glad you held off as yes, you did save me abut $70 as my own max was significantly higher.
I really don't understand it; there were 56 watchers on that hat, so I was expecting some heavy competition for it at the end but very little materialized. Marc's Oxblood had 44 watchers, I think, but again the competition for it that I expected failed to materialize.
I guess in the end all you can say is that there's no accounting for eBay!
On the subject of Reserves, as a buyer I find them a bit annoying. My position is that a seller should set their opening bid at the absolute minimum they'll accept for the hat. Of course, the problem with that position is that many people will not bid on an item with a high opening bid because they're hoping against hope to score a diamond for pennies so I understand it when a reserve is used but with a low opening bid. But if there's an item I'm interested in and it has a reserve I'll set my sniper at the max I'd be willing to go and let it do it's thing. If it's under the reserve, oh well. I don't get into the multiple small bids to find the reserve thingie.
Carouselvic, that's one heck of a nice Panama! :eusa_clap
Cheers,
Tom
- Messages
- 15,280
- Location
- Somewhere south of crazy
Sweet old Stetson, Vic!
HatsEnough
Banned
- Messages
- 1,142
- Location
- Cincinnati, Ohio
I find nothing at all wrong with a reserve price. I don't have any idea why anyone would be against it.
High opening bids (if the first bid is pinned to what the reserve might be) absolutely does quash bidding. Bidders that would pay $200 for an item on ebay would never start their bidding at $200 if that was the opening bid! Plus, some buyers pay more for an item just because they get into the adrenaline charged atmosphere of a bidding war. So, a high opening bid would have kept them out of the game in the first place and a seller loses all the way around.
On the other hand, if a seller just doesn't want to lose a $400 item for $50 it makes perfect sense to protect himself with a reserve. As a seller I'd rather put an item up 3 or 4 times before the auction finally gets to my reserve than sell it once for far less than I'd hoped.
Remember this: sellers are not in the game to give you an item for pennies on the dollar. They are in it to make money.
High opening bids (if the first bid is pinned to what the reserve might be) absolutely does quash bidding. Bidders that would pay $200 for an item on ebay would never start their bidding at $200 if that was the opening bid! Plus, some buyers pay more for an item just because they get into the adrenaline charged atmosphere of a bidding war. So, a high opening bid would have kept them out of the game in the first place and a seller loses all the way around.
On the other hand, if a seller just doesn't want to lose a $400 item for $50 it makes perfect sense to protect himself with a reserve. As a seller I'd rather put an item up 3 or 4 times before the auction finally gets to my reserve than sell it once for far less than I'd hoped.
Remember this: sellers are not in the game to give you an item for pennies on the dollar. They are in it to make money.
randooch
I'll Lock Up
- Messages
- 4,869
- Location
- Ukiah, California
Ten bucks! Dang, nice score, Phineas.
- Messages
- 15,280
- Location
- Somewhere south of crazy
A very Knice, Knox.
Joshbru3
I'll Lock Up
- Messages
- 4,409
- Location
- Chicago, IL
:eusa_clap:eusa_clap:eusa_clap
Justin B
One Too Many
- Messages
- 1,796
- Location
- Lubbock, TX
Snagged this one that Josh turned me on to...
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=280739026565&autorefresh=true&autorefresh=true
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=280739026565&autorefresh=true&autorefresh=true
Joshbru3
I'll Lock Up
- Messages
- 4,409
- Location
- Chicago, IL
That's a great lid, Justin! I'm glad you snagged it!
- Messages
- 15,089
- Location
- Buffalo, NY
Sure is. I meant to watch the close of both hats but forgot. The vita-felt playboy is a great deal too.
Justin B
One Too Many
- Messages
- 1,796
- Location
- Lubbock, TX
Was bidding on the PB but got distracted by work and just missed it.
red71veloce
Familiar Face
- Messages
- 79
- Location
- Oklahoma
Here's another one of those cloth covered leather sweats from Dobbs.
- Messages
- 15,280
- Location
- Somewhere south of crazy
Nice snag on the Strat, Justin!
Phineas Lamour
Practically Family
- Messages
- 611
- Location
- Crossville, Tennessee
I placed the minimum bid and then went to bed. I figured someone would come along and outbid me since I would be at work when the auction ended. Then checked it at break time and I had won!
Tango Yankee
Call Me a Cab
- Messages
- 2,433
- Location
- Lucasville, OH
HE, I think that for the most part we said the same thing other than I find reserves annoying and you don't.
As a bidder I find them annoying because if the reserve is greater than what I'm willing to spend I don't want to waste my time with it or sit there doing bid after bid trying to find the reserve. Fortunately, these days I don't have to do that as I just employ a sniper on the rare instance I decide to bid on something with a reserve. Still, if I knew that the minimum the seller was willing to let it go for was higher than I was willing to pay I wouldn't waste my time setting up the sniper.
I do know that sellers are not in the game to give me an item for pennies on the dollar, but it is the hope of getting something for pennies on the dollar that they are trying to tap in to when they set a low opening bid. That's the whole allure in the first place--the chance is there to score that diamond at cut-glass prices. As you yourself say, most bidders won't bid on an item with a $200 opening bid even though they'd be willing to pay that much for an item. Some bidders then negate that hope by setting a reserve, some don't. Sometimes it works out well for the buyer, sometimes for the seller.
For me it's simple: if I want an item more than I'm annoyed by a reserve being set on it, I set up a sniper with whatever maximum amount I'm willing to spend and walk away. Either I win or I don't.
Cheers,
Tom
P.S. Nice catch on that Strat, Justin! I saw it in passing and loved the color but alas, much too small. Enjoy it!
As a bidder I find them annoying because if the reserve is greater than what I'm willing to spend I don't want to waste my time with it or sit there doing bid after bid trying to find the reserve. Fortunately, these days I don't have to do that as I just employ a sniper on the rare instance I decide to bid on something with a reserve. Still, if I knew that the minimum the seller was willing to let it go for was higher than I was willing to pay I wouldn't waste my time setting up the sniper.
I do know that sellers are not in the game to give me an item for pennies on the dollar, but it is the hope of getting something for pennies on the dollar that they are trying to tap in to when they set a low opening bid. That's the whole allure in the first place--the chance is there to score that diamond at cut-glass prices. As you yourself say, most bidders won't bid on an item with a $200 opening bid even though they'd be willing to pay that much for an item. Some bidders then negate that hope by setting a reserve, some don't. Sometimes it works out well for the buyer, sometimes for the seller.
For me it's simple: if I want an item more than I'm annoyed by a reserve being set on it, I set up a sniper with whatever maximum amount I'm willing to spend and walk away. Either I win or I don't.
Cheers,
Tom
P.S. Nice catch on that Strat, Justin! I saw it in passing and loved the color but alas, much too small. Enjoy it!
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Tango Yankee
Call Me a Cab
- Messages
- 2,433
- Location
- Lucasville, OH
The Stetson Ermine Beaver that belonged to General Mayor Manuel Lopez Migoya has been relisted. It's now an $8,500 BIN with a Make Offer option.
Cheers,
Tom
Cheers,
Tom