posted on March 10, 2005 07:00:41 AM
I have a 'real' auction ending tonight. (Not just a listing- but a small bidding war!) It started at $9.99 and is up to $31.00 now at 9:45 AM EST. The appraiser told us retail on this glass should be $20.00 each. Looking at the feedback of the bidders, they are collectors of this brand.
I have 3 more of the same. My dilemma is do I offer 2nd chance to the ready buyers or gamble and relist it as an auction again, hoping for more collectors to bid even higher? Or maybe a 3rd option - buy it now for the final bid price on the one ending tonight?
It's been so long since I have had more than 3 bids on an item that I am all excitied! Over 600 fb in the last 6 months and I can count on 1 hand the actual bidding wars. Listing these collectibles is like waiting for 3 matching symbols on a slot machine. You play the machine for that to happen, and could feed it endlessly until it pays off.
posted on March 10, 2005 07:08:41 AM
According to my resident sage & wise expert, Mr Boston Red Sox Ralph:
"LIST! LIST! (regular AUCTION format, that is) & re-list..."
"As democracy is perfected, the office of president represents,
more and more closely, the inner soul of the people.
On some great and glorious day the plain folks of the land
will reach their heart's desire at last and
the White House will be adorned by a downright moron."~
H.L. Mencken (1880 - 1956)
posted on March 10, 2005 08:14:26 AM
If your happy with the ending price , I'd offer them all to the high bidder for the same price each...Makes packing easier 1 box 1 pack job
posted on March 10, 2005 08:55:52 AM
How do you know if the high bidder wants three ?
In fact he may be pissed that he bidded so high.
I would wait awhile and then relist the second and third ,if you list them right away,you will get a lower bid.
-sig file -------
Eat grass,kick ass,never go belly up!
posted on March 10, 2005 08:56:19 AM
I think offering the other pieces to the high bidder is a great idea or to the next highest if high bidder is not interested. I have had duplicates of PC's that have done very well at auction go at opening bid the next time round.
**********************************
"Life's journey is not to arrive at the grave safely in a well preserved body, but rather to skid in sideways, totally worn out, shouting "...holy sh@#...what a ride!"
posted on March 10, 2005 10:46:08 AM
I was pondering the same thing with an item that closed this week much higher then expected. I started it at $.99 and it closed near $40.00
I decided it worked the first time so I would try it again but wait about 6 weeks.
On the other hand I've had quilting books that got great bids. Those I have offered to the next hightest bidder. A book not being as difficult an item to come by.
posted on March 10, 2005 10:52:36 AM
Here's another case where a clue about what the item is might be helpful.
If this is the gravy boat to their china pattern, the high bidder might not want more than one. If it was a cup and saucer, they might very well want them.
There have been cases where I purchased an item from a seller, then they seem to keep listing more. I would have bought the additional ones if offered; I resented having them come up one at a time and having to have them shipped one at a time (and either didn't bid or didn't bid as high).
