[meteorite-list] The Sniper Mentality

From: countdeiro at earthlink.net <countdeiro_at_meteoritecentral.com>
Date: Thu, 18 Mar 2010 02:45:57 -0400 (EDT)
Message-ID: <30462633.1268894757581.JavaMail.root_at_wamui-junio.atl.sa.earthlink.net>

Excellent post, Dave
Count Deiro
IMCA 3536

-----Original Message-----
>From: Dave Myers <whitefalcons007 at yahoo.com>
>Sent: Mar 18, 2010 1:57 AM
>To: meteorite list <meteorite-list at meteoritecentral.com>, Richard Kowalski <damoclid at yahoo.com>
>Subject: Re: [meteorite-list] The Sniper Mentality
>
>Hey Richard,
>
>My expertise is ART, "moderan art" Once at a online Auction. I seen a painting, That I knew was a $5,000.-$7,000. painting. The est. was only $100.-200. dollars, I knew this painting was placed in the wrong category
>at this auction. So, most people did not go into this category looking for good paintings!
>
>But I knew a few might! So I waited, till the end of the auction, and put in my bid, seconds before it ended! I got this painting for only $168.00
>dollars.
>
>When it comes to collecting, If you know the value of what is for sale!
>(or just love it, and have to have it)
>and you know it is under valued, (if you really want it cheap) YOU SNIPE IT! ME myself could never afford to pay gallery price!
>
>I do not know enough about meteorites, and am not in the position to do so
>now, But if I could, YES, ON A, ON LINE AUCTION, THAT I KNEW WAS selling at a fraction of the price!!!!!!!! .......i would snipe every time.
>
>Only because of my life-long art research, and these opportunities, is my a
>apt. a little modern art museum. I wish 25 years ago I know about meteorites!
>
>
>Dave Myers
>
>
>
>
>--- On Wed, 3/17/10, Richard Kowalski <damoclid at yahoo.com> wrote:
>
>> From: Richard Kowalski <damoclid at yahoo.com>
>> Subject: [meteorite-list] The Sniper Mentality
>> To: "meteorite list" <meteorite-list at meteoritecentral.com>
>> Date: Wednesday, March 17, 2010, 11:58 PM
>> This mentality, waiting until the
>> last few seconds before bidding, is something I just don't
>> get. Maybe someone can explain it to me.
>>
>> I bid for lots on ebay just like I do when I bid at a real
>> auction. I set in my head what I believe the value of an
>> item and what I have available in my budget to bid for that
>> item. I then bid that much and no more. If I get the item,
>> great. If not, someone wanted it more and we're willing to
>> pay more for the item...
>>
>> While I will sometimes raise my ebay bid a little before
>> the end of the auction, I really don't understand the idea
>> of sitting there and in the last second or two, to try to
>> jam in bids high enough to win the item.
>>
>> Do snipers really want the item or are they just trying to
>> screw others out of the item? Are they just trying to get
>> the item at a lower price, thinking that their competitors
>> will just rebid again, upping the price?
>>
>> I see this on meteorite auctions every so often, but much
>> more often on the Daguerreotypes I bid on. The reason I was
>> reminded of it was a lot I just lost out on. There wasn't
>> just one sniper, but two. The both bid at the exact same
>> time, 2 seconds before the auction ended...
>>
>> As I said, it doesn't mater that I lost the lot. It went
>> for more than I was willing to pay, so I wouldn't have rebid
>> even if I could.
>>
>> Possibly someone can explain what is gained by bidding like
>> this instead of just bidding what you think it's worth and
>> letting it go for that...
>>
>> I'd really like to see ebay eliminate this foolery. It'd be
>> pretty simple. Any bids that occur within one minute of the
>> closing time of the auction automatically resets the end
>> time by 10 minutes, or 30 minutes. The snipers games are
>> eliminated and the dealers (and ebay) gets more profits
>> because the auction remains open for the bidding to continue
>> to higher levels. Just like in a real live auction.
>>
>> Thanks
>>
>> --
>> Richard Kowalski
>> Full Moon Photography
>> IMCA #1081
>>
>>
>> ? ? ?
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>
>
>
>
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Received on Thu 18 Mar 2010 02:45:57 AM PDT