Non-Ebay Auction Strategy

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Posted By: Red

You have to remember that there are other collectors just like yourself out there looking at the same item and figuring out what bid point they need to be at to pay a certain price. Only one person can be at that bid point. If you and everybody else looking at the card think it's okay to pay around a $1000 for a card, then the first person to select the $825-$850 area bid point will be the person who has the only chance to buy the card at around $1000. You're not being run up by the auction house. You're being run up by other collectors and dealers who want to buy the card just like you. The reason you would be run up to your max bid is you were smart in selecting the right bid to place on the card.

If it's a difficult card that you feel is worth more than guides suggest, be confident that there are other people out there who feel the same way. So when you place what you feel is a very high bid on a card that seldom comes up, don't think that your the only person in the world who thinks like you do. Whether you get a bargain, get maxed out, or lose the item, it's other bidders controlling your destiny and not the auction house.