Auctions: anyone ever pay to much and regret it when they won?

[Archive]

Posted By: cmoking

Just wondering if there are any stories of winner's regret in auctions.

[Archive]

Posted By: Julie Vognar

the scans. I got two '69 hockey cards, advertised as near mint, with the softest corners I ever saw, a Crawford T206 with a small but potent gob of tobacco right in the middle of the yellow (not in the scan at ALL). Others...I only have 99 feedback after 3 years...that's why.

I've never spent a lot of dough on something i didn't love though. My Oshkosh cabinet with Hoy, Selee and McCarthy, the team photo of Moses Fleetwood Walker with the U. of Michigan, the 1919 World Series ticket stub, the N162 Kelly, the N338-2 Ewing, the Radbourn N172 portrait (and the flipping the bird one I would have paid a lot more for!), my Sheldon Artball with Radbourne, my Peck and Snyder, large with ad back....I remember what I paid for most of them, but I don't regret a cent. The ticket stub and Oshkosh cabinet were on eBay, too!

And that dumb shot of Weaver and Cicotte in the dugout...which the owner had copied for me, having renegged on his offer to sell me the original when I jumped at a K--I KNOW it's ridiculous to pay $400 for a modern photographic reprodruction...but i ain't sorry!

[Archive]

Posted By: Geoff Litwack

I've definitely had moments of regret after buying cards, but mostly when I broke my own price records, so to speak. The first $500 card...the first $1000 card. The funny thing is, looking back, I have no regrets and in many cases those prices paid look like great deals. I'm a collector, so I wish prices would freaking stand still.

[Archive]

Posted By: davidcycleback

On occasion in the past I have spent too much on expensive single items.

These days, I do not spend a lot on a single item. I'll spend a $1,000 or more on a group lot (eg 70 autographed baseballs), but I can't even remember when I spent $1,000 or more on a single item. Which means it's no great deal if you overspend on a $100 or $200 or $50 item.

As a collector, and even as an eBay reseller, I often get more enjoyent out of a $20 item than a $1,000. Heck, I enjoy looking at other peoples' collections and having the owner tell me about the unfamiliar material. Enjoyable learning something new and it doesn't cost me a penny.

[Archive]

Posted By: Daniel Bretta

I always get outbid in the major auction house auctions so I can't say that I pay too much in those venues, but on ebay I set my snipe at what I am willing to pay and let it ride. That way I never pay too much.

I won this panorama on ebay today at $80 below my snipe.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=5225580114&rd=1&sspagename=STRK%3AMEWN%3AIT&rd=1

[Archive]

Posted By: davidcycleback

Dan, I don't think you overpaid.

[Archive]

Posted By: Daniel Bretta

Pretty nice huh? I was sweating that one out all week.

[Archive]

Posted By: davidcycleback

Dan, the photo is worth around 2x-4x your snipe bid.

[Archive]

Posted By: Daniel Bretta

I figured it to be worth about $200+, and I almost went and changed my max when two other bidders jumped in with about an hour to go, But I held steady and got lucky. This was really listed poorly.

[Archive]

Posted By: davidcycleback

I once won a rare photo at the $50 minimum bid because the eBay seller didn't know how to spell the subject's name. I soon after relisted the photo using the correct name and it sold for $500. I might feel guilty about this, except as the bidder I placed a competative maximum bid (yes, a maximum bid on eBay, no snipe) that I would have happily paid, but no one else bid.

[Archive]

Posted By: cmoking

the reason i was wondering is lately I have seen a few items go on ebay right after a major non-ebay auction - and it always seemed wierd to me. From what I know, none of them were frauds but legitimate buyers who were selling - and not necessarily getting a higher price. So it seemed they had buyer's remorse very quickly.

[Archive]

Posted By: leon

That's what you call "losing". Anyone that buys and sells does some of it just as folks that play oh say...Texas Hold'em, as they lose many hands too. I know I have paid record prices for many items. When I have sold them I sold them for even more record prices.....darn spiral...but ya win some ya lose some........really haven't regretted paying "all of the money" very often....regards

[Archive]

Posted By: cmoking

I guess I am annoyed when I see a flipper outbid me on an auction, only to see it show up on ebay a day or two later. I know they are trying to make money, so they won't sell for less than the price they paid in the auction. So that means the guy only outbids me to try to make a buck. Arg.

[Archive]

Posted By: Daniel Bretta

That's when you buy it off of him on ebay for cheaper than he paid for it, and tell him thanks for the discount.