52 Topps PSA 8 Mays at $29,900

[TheNightmanCometh]

18 bid retractions? That's insane. Is there a nefarious reason for that?

[Peter_Spaeth]

In the context of an ebay auction, I do not understand why people bid before five seconds to go. Is there any reason to, ever, on an auction you seriously want to win?

[TheNightmanCometh]

Originally Posted by Peter_Spaeth

In the context of an ebay auction, I do not understand why people bid before five seconds to go. Is there any reason to, ever, on an auction you seriously want to win?

A big amen to that. I never understood it. What I find even more confusing are buyers who complain about other buyers bidding with 5 seconds left, as if it's some dirty handed trick.

[irv]

Originally Posted by pawpawdiv9

Look a the bidding history and the # of retractions.
Then again, a legit buyer, whom may be a registry guy and does pay, but probably got shilled up to his max.
This is where people rather use a snipe service. To each his own.
This has been discussed numerous times and Ebay does nothing.
This is why folks want harsher restrictions on retractions

Bidder Information
Bidder: r***a ( 1281Feedback score is 1000 to 4,999)
Feedback: 100% Positive
Item description: 1952 Topps Willie Mays #261 PSA 8 NM-MT (PWCC)
Bids on this item: 4

30-Day Summary
Total bids: 87
Items bid on: 36
Bid activity (%) with this seller: 45% Help
Bid retractions: 1
Bid retractions (6 months): 18

What exactly are retractions, pulling your bid out?

Also, snipe service, what is that exactly, if you don't mind helping a newbie out?

Thanks

[bnorth]

Originally Posted by irv

What exactly are retractions, pulling your bid out?

Also, snipe service, what is that exactly, if you don't mind helping a newbie out?

Thanks

A bid retraction=cancelling your bid

A snipe service will place a bid for you with seconds left in the auction.

[irv]

Originally Posted by bnorth

A bid retraction=cancelling your bid

A snipe service will place a bid for you with seconds left in the auction.

Thank you!

[irv]

Originally Posted by irv

8 days left, Any guesses on the final bid?
http://www.ebay.com/itm/1952-Topps-W...4AAOSw--1Wq7zQ

Just under 4 hrs left and still the same number of bidders and the same price.

Curious if it sells?

[MattyC]

It will sell.

[pokerplyr80]

Originally Posted by Peter_Spaeth

In the context of an ebay auction, I do not understand why people bid before five seconds to go. Is there any reason to, ever, on an auction you seriously want to win?

I place an early bid on auctions I'm interested in much below what I'm actually willing to pay so that it shows up in the currently bidding section and I don't forget about it. I will occasionally watch other auctions out of curiosity, and pay more attention to the cards I'm bidding on. I do not see a point running them up before the end though.

[Peter_Spaeth]

Originally Posted by pokerplyr80

I place an early bid on auctions I'm interested in much below what I'm actually willing to pay so that it shows up in the currently bidding section and I don't forget about it. I will occasionally watch other auctions out of curiosity, and pay more attention to the cards I'm bidding on. I do not see a point running them up before the end though.

Watch list accomplishes the same thing as the currently biddin, no? But in any event you aren't trying to stay atop the leaderboard which people seem to do all the time, on the bigger cards, especially in PWCC.

[pokerplyr80]

Originally Posted by Peter_Spaeth

Watch list accomplishes the same thing as the currently biddin, no? But in any event you aren't trying to stay atop the leaderboard which people seem to do all the time, on the bigger cards, especially in PWCC.

I forget about stuff in my watch list sometimes, but no I do not see the point in bidding the auction up early. I do frequently place one smaller bid early though. I will bid auctions up earlier at major AHs that use 10% increments. Perhaps others who do this aren't smart enough to realize that this doesn't make sense on Ebay, but even that seems like a stretch. Short of shilling, it's hard to come up with a reasonable reason to do so.

[Rookiemonster]

Originally Posted by Peter_Spaeth

In the context of an ebay auction, I do not understand why people bid before five seconds to go. Is there any reason to, ever, on an auction you seriously want to win?

I just had a annoying time with this a few days ago . I was biding on a bunch of jeter rookies ( sp and stadium club ) . And other bidders kept on biding it up . It's frustrating because we came all save money by waiting to the last second . Take your swing at the Perfect time , not just as hard as you can .

[TheNightmanCometh]

Why didn't you just wait until the last 5 seconds and bid the most you were willing to spend? Seems like you would have been less frustrated if you had done that.

[Bestdj777]

Originally Posted by Peter_Spaeth

In the context of an ebay auction, I do not understand why people bid before five seconds to go. Is there any reason to, ever, on an auction you seriously want to win?

For me, yes. Most of want I go after these days is oddball cards with only a handful of people that might actually be interest. I like to bid early so that the seller doesn't think there is a lack of interest and accept another offer off of eBay. I know it doesn't prevent then problem completely, but sellers are much less likely to sell something out from under an active bidder than they are if there are no bidders.

[TheNightmanCometh]

That's a perfectly reasonable thing to do if you're the first bidder, but if there's been 2 or 3 bids, it's best to wait till the end.

[JRO$!(]

I too have no idea why anyone bids before 5 seconds to end. J

[irv]

Same number of bidders and same price. Is that normal for bids/bidders to go stagnant for a period?
I see there is 7 days left until the end.

[MattyC]

Can be very normal. I've seen all kinds of ways auctions play out. Sometimes I've waited til the end, and been part of a flurry of action. Sometimes I've tried to step in quick and demoralize the competition, and all bidding was done in the opening minutes, then nothing for days. There are myriad ways any auction plays out.

[pclpads]

Originally Posted by Peter_Spaeth

In the context of an ebay auction, I do not understand why people bid before five seconds to go. Is there any reason to, ever, on an auction you seriously want to win?

Conversely, I've never understood bidders who place bids when an auction is first opened and won't close for a week or more. Unless such a bidder puts a totally outrageous ceiling on the lot, he likely will be outbid and if it is truly a card he wants, will only end up bidding against himself as the auction closes, owing to bidding early.

[Peter_Spaeth]

Originally Posted by pclpads

Conversely, I've never understood bidders who place bids when an auction is first opened and won't close for a week or more. Unless such a bidder puts a totally outrageous ceiling on the lot, he likely will be outbid and if it is truly a card he wants, will only end up bidding against himself as the auction closes, owing to bidding early.

When the AH requires you to have bid before the initial deadline in order to participate in extended time, it's just a way of making sure you're in the mix. It's pretty smart marketing because it does ensure a lot of early bids. Also, when the AH has large bidding increments and it's pretty obvious in what range the item ultimately will sell, it may indeed make sense to lock up the level you want to be at early on.

[ls7plus]

Originally Posted by Peter_Spaeth

When the AH requires you to have bid before the initial deadline in order to participate in extended time, it's just a way of making sure you're in the mix. It's pretty smart marketing because it does ensure a lot of early bids. Also, when the AH has large bidding increments and it's pretty obvious in what range the item ultimately will sell, it may indeed make sense to lock up the level you want to be at early on.

That is precisely my strategy--I figure the range the card will likely end up at if I can, determine if I can reasonably be in on the action, and place a max bid based on the amount I am willing to pay within that range early, thus forcing other bidders to surpass my bid by a significant margin. That way I'm covered, and don't have to stay up half the night (although I have done that).

And boy, based on what I've seen lately, if I decide to consign something significant, PWCC will certainly receive a great deal of consideration!

Best to all,

Larry

[1952boyntoncollector]

Originally Posted by ls7plus

That is precisely my strategy--I figure the range the card will likely end up at if I can, determine if I can reasonably be in on the action, and place a max bid based on the amount I am willing to pay within that range early, thus forcing other bidders to surpass my bid by a significant margin. That way I'm covered, and don't have to stay up half the night (although I have done that).

And boy, based on what I've seen lately, if I decide to consign something significant, PWCC will certainly receive a great deal of consideration!

Best to all,

Larry

according to Bobbyw though you will have to shill your cards to do well with pwcc..

[Peter_Spaeth]

Originally Posted by TheNightmanCometh

18 bid retractions? That's insane. Is there a nefarious reason for that?

There are bidders (in general) with many many more than that.