Rea! Rea!! Rea!!!

barrysloate · #1 04-14-2018, 03:25 PM

Quote:

Originally Posted by Rhotchkiss

You are probably right, as I end up the high bidder probably 50% of the time when all is said and done. End of the day, no matter how you play it, if you want the card, you need to be high bidder when it�s all said and done

Yep, lot goes to the highest bidder. That's how it works.

Peter_Spaeth · #2 04-14-2018, 03:26 PM

Quote:

Originally Posted by barrysloate

Yep, lot goes to the highest bidder. That's how it works.

That's good to know.

barrysloate · #3 04-14-2018, 03:27 PM

Quote:

Originally Posted by Peter_Spaeth

That's good to know.

Took me a long time to figure it out.

ricktmd · #4 04-14-2018, 03:47 PM

The serious bidders are aggressive on the last day or in extended bidding. As stated by others putting bids in on the first day on items of interest allows me to review the items I might go after depending on where the price is on the final day. Most importantly it allows me to bid during the extended period when the action becomes serious. I have never been one to put in top all bids other than on ebay snipes. Even on ebay it never feels good to put the highest price I would pay in the snipe software.

GregMitch34 · #5 04-14-2018, 04:12 PM

Note to Clydepepper since you asked: About 40 scattered lots. Major ones might be the Plank Sepia PC, one-of-a-kind Allegheny, Gem Mint WaJo WG5, top-graded Rose PC for Chance, rare Cy Young PC, Evers t206 Hindu, Matty t206 Cycle and PSA 5 Bernhard Hindu, Evers Newsboy, rare and wacky Hartnett Whiz Bang, PSA 4 Mayo fo Hugh Duffy, a nice Red Sun and so on.....

joshuanip · #6 04-14-2018, 04:27 PM

I put a bid in every lot I was interested in. Not going to chase windmills until extended bidding....

I found that setting a high bid early only gives serious bidders a mental readiness to bid higher in a bidding war. The bidding war will come but better to have your competition less time to think about stretching his bid...

ValKehl · #7 04-14-2018, 04:36 PM

Quote:

Originally Posted by barrysloate

Yep, lot goes to the highest bidder. That's how it works.

Now I'm beginning to understand why I never win anything!

My REA phone book arrived in the teeming metropolis of Manassas, VA, today.

Sean · #8 04-14-2018, 04:54 PM

Just got my catalogue, post office delivered it. And I still have one high bid.

And now I will stop the updates on that one bid until May 7.

Rhotchkiss · #9 04-14-2018, 05:40 PM

Quote:

Originally Posted by Sean

Just got my catalogue, post office delivered it. And I still have one high bid.

And now I will stop the updates on that one bid until May 7.

My catalog goes straight into the recycling bin.... I have been outbid on all 40+ lots I bid on (totally expected). I have not placed a max bid, only placeholders, and the next 20 days will be spent on deciding what 1-5 cards I really want to pursue. Because I blew my wad on a t206 plank last month, I won’t be a contender on any real big boy cards, but, IMO, the biggest superstar (and there are many) is the CJ Matty - I have seen and held it and it is awesome.

The May pickups thread should be fun...

Oh, and as an aside, now that REA is out, do we even care that Heritage is ending in 5 days...??!!

Peter_Spaeth · #10 04-14-2018, 05:43 PM

Quote:

Originally Posted by Rhotchkiss

My catalog goes straight into the recycling bin.... I have been outbid on all 40+ lots I bid on (totally expected). I have not placed a max bid, only placeholders, and the next 20 will be spent on deciding what 1-5 cards I really want to pursue. Because I blew my wad on a t206 plank last month, I won�t be a contender on any real big boy cards, but, IMO, the biggest superstar (and there are many) is the CJ Matty - I have seen and held it and it is awesome.

The May pickups thread should be fun...

Oh, and as an aside, now that REA is out, do we even care that Heritage is ending in 5 days...??!!

I don't know why REA auctions inspire these lengthy threads and Heritage -- IMO the clear industry leader now -- never does.

Bored5000 · #11 04-14-2018, 05:50 PM

Quote:

Originally Posted by Peter_Spaeth

I don't know why REA auctions inspire these lengthy threads and Heritage -- IMO the clear industry leader now -- never does.

IMO, because REA only runs twice a year.

Rhotchkiss · #12 04-14-2018, 05:55 PM

I think they are both amazing. Between the two, however, I think REA has the edge on content and Heritage is superior on auction format (interface/auction website, per-lot extended bidding, allowing bids between increments, etc).

ullmandds · #13 04-14-2018, 06:38 PM

Quote:

Originally Posted by Peter_Spaeth

I don't know why REA auctions inspire these lengthy threads and Heritage -- IMO the clear industry leader now -- never does.

REA is REA...but Heritage's current auction has a tremendous marquis in the mantle and is a much more interesting auction for me.

The Nadjas, the E98's, lots of caramels, sporting life cobb, plowboys, oj's, m101-6 ruth, nice cj's...nm7 ruth rookie...amazing stuff.

That sf hess Welch is sick!

x2drich2000 · #14 04-14-2018, 06:45 PM

Quote:

Originally Posted by ullmandds

The Nadjas, the E98's, lots of caramels, sporting life cobb, plowboys, oj's, m101-6 ruth, nice cj's...nm7 ruth rookie...amazing stuff.

Peter, you need to learn when to close your mouth

you know I'm just playing around and I 100% agree with you. Actually, I find the current REA auction a bit blah, especially by REA standards.

Fred · #15 04-14-2018, 06:55 PM

I wonder how many catalogs were shipped.... wow, they go through great expense to lay it out, print it and ship it. Now for an update:

It was Professor Plum in the Conservatory with the REA Catalog....

x2drich2000 · #16 04-14-2018, 06:05 PM

I don't think one bidding strategy is going to work best in all situations. I think your lake front property cards aren't worth trying to scare people from cause they will always be desirable and there are enough whales who want the best of the best. However, I firmly believe you certainly can discourage people from bidding on ghetto and flood zone cards where people will want to consider all better options before settling.

That said, I've placed over 100 bids in REA so far and only 1 lot have I placed a max bid (which I think is pretty obvious) and I'm still high on that one with plenty of room to increase more

ullmandds · #17 04-14-2018, 06:15 PM

Quote:

Originally Posted by x2drich2000

I don't think one bidding strategy is going to work best in all situations. I think your lake front property cards aren't worth trying to scare people from cause they will always be desirable and there are enough whales who want the best of the best. However, I firmly believe you certainly can discourage people from bidding on ghetto and flood zone cards where people will want to consider all better options before settling.

That said, I've placed over 100 bids in REA so far and only 1 lot have I placed a max bid (which I think is pretty obvious) and I'm still high on that one with plenty of room to increase more

haha...flood zone cards!!!