Is snipe bidding killing the hobby?

[1952boyntoncollector]

Originally Posted by vintagesportscollector

Yes, eventually there is a max price you are willing to pay, of course there is, but everyone finds it that easy to lock in their max price up front?? Maybe it’s just me…(my wife says I am too emotional ).

In Theory, Travis, I hear what you are saying. I suppose MY problem is determining exactly the highest amount I am willing to pay or the “that’s enough not 1 penny more” point as you have described. BUT maybe that is just me and most everyone else finds that as EASY as you describe it. I admit I am flawed – call me human. My recent experience that I described is unique and specific (its not always as clear as $1 more will win it). Do you think I should have not bid the extra $1? (BTW - I am looking at the item now on my desk and really glad I won it).

But let me ask you this again? You go through your thought process to come up with your highest amount, following the steps you described for an item you really want. You’re perfect so you know you have confidently figured out your highest amount, because it is an exact science they way you described it. You snipe your bid and are losing but realize if you bid 1 penny more you would win it…would you bid the extra penny? You don’t have to answer because I am sure your response would be your bid would have already thought about that penny.

How many people out there have set a snipe bid and change/raised it at some point?

Edited to add: BTW, Travis, please don’t take my sarcasm as criticism, just provocative to stir the debate. It’s a good discussion, and honestly you do make a point and I am going to try to apply that in the future.

The one thing about being outbid by a dollar and not knowing exactly what exact dollar you will bid up too isn't a big deal when there will be the same type card up for auction again.....if its one of kind that's one thing but most things are ebay you can find again eventually...so losing out on a dollar isn't a big deal when can bid again on the same type of item again and maybe even get for less...or if lose..can then bid a few months later.....theres always another auction.....so don't worry about a margin of error in to what exact high dollar you were willing to offer.....you will have the opportunity to bid at another auction...heck I see 'winners' of a card try to resell the same exact card again which then sells for less at that auction (cause the former 'winner' isn't bidding on it anymore ) plus ebay fees they have to pay..

[vintagesportscollector]

That makes a lot of sense Jake, agreed. In my case the memorabilia item was pretty much one of a kind, in that I had never seen it in twenty years of collecting, and wouldn't expect to ever see it again. If it is a commodity like a card, or a mass produced memorabilia item, then totally agree with what you are saying.

[1952boyntoncollector]

Originally Posted by vintagesportscollector

That makes a lot of sense Jake, agreed. In my case the memorabilia item was pretty much one of a kind, in that I had never seen it in twenty years of collecting, and wouldn't expect to ever see it again. If it is a commodity like a card, or a mass produced memorabilia item, then totally agree with what you are saying.

right well if you want something bad and its something that comes up one time in 20 years..than there really isn't a market price......