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Subject: 
Re: 345 Lego sets at once on Auction!! Click Link
Newsgroups: 
lugnet.market.auction
Date: 
Mon, 14 May 2001 06:41:30 GMT
Viewed: 
230 times
  
Then again, maybe not. I don't see any change in his approach. If anything,
it seems a bit more breathless than last time. That auction got one bid, the
opening bid of 7500, and that seemed to be it. I am betting that leroy6970
was actually relieved.

My typical price for used LEGO is 8-10 a pound so I see this collection
worth somewhere around 3000-3750. Kevin's bid is a bit light at the moment.

What baffles me is why set a high opener if you have a reserve. At least the
second time our seller didn't do *that*, anyway.

In my opinion setting a high opener with a high reserve can be effective.
It lets people know the general ballpark within which the reserve is set.
Obviously if the opener is 7500 then bidding 50 bucks is probably pointless.

What baffles me is why set a high opener with a reserve AND a "buy-it-now"
price that also lets a bidder know the general range :-)



++Lar



Message is in Reply To:
  Re: 345 Lego sets at once on Auction!! Click Link
 
(...) it seems a bit more breathless than last time. That auction got one bid, the opening bid of 7500, and that seemed to be it. I am betting that leroy6970 was actually relieved. My typical price for used LEGO is 8-10 a pound so I see this (...) (23 years ago, 14-May-01, to lugnet.market.auction)

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