Subject:
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Re: The AucZilla 500 auction
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Newsgroups:
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lugnet.market.theory
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Date:
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Mon, 9 Aug 1999 15:40:58 GMT
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Viewed:
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755 times
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Simon Robinson wrote:
> I did start to feel some sympathy for Ebay's fixed-time-limit auctions:
> This was largely because of my experience with one set, for which
> I had a high proxy bid and for which I was prepared to pay a ridiculous
> amount to get: Three times in a row someone attempted to outbid
> me after the set had gone to going twice. In every case it was clear
> they were just testing the water to see if my actual bid was my
> maximum - it wasn't - so the effect was just to leave me with the
> highest bid - but one dollar higher. Except that it also set back the
> status to open. Don't get me wrong - I'm not complaining - it
> was perfectly fair. It's just frustrating to keep coming so near then
> get set back by a few days when you have already placed a high
> proxy bid.
I had this happen to me also. It turned out the person bidding against
me was new to auctioning and didn't understand proxy bidding. A gentle
note to him prompted a proxy bid from him (which still didn't beat
mine).
> Finally I was quite intrigued by this
> [ ] 4559 Cargo Railway - used/complete sold 102.50 Douglas
> T
> [ ] 4559 Cargo Railway - used/complete sold 110.00 Brian U
>
> [ ] 4536 Blue Hopper Car - used/complete sold 100.00 Scott Ja
> [ ] 4551 Crocodile Engine - used/complete* sold 190.00 Derick B
>
> That must say something about the 4559 - a complete train
> with track and motor is apparently
> worth the same as a single (admittedly very nice) waggon, and only
> worth half as much as an engine. Well I knew the 4559 wasn't the
> most popular train Lego ever made - I didn't think it was THAT
> unpopular :)
One reason I see: 4559 is still out there on the shelves, so people are
either waiting for some close outs on it, or don't want to pay close to
full price for a used set which is still on the shelves.
--
Frank Filz
-----------------------------
Work: mailto:ffilz@us.ibm.com
Home: mailto:ffilz@mindspring.com
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Message has 1 Reply:
 | | Re: The AucZilla 500 auction
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| (...) I thought this was a feature, not a problem. I confess I sometimes bid the minimum increment on G2 items just to keep them open. I felt I had to keep something on the backburner just in case I got beat on my prime targets. I glad I did it too (...) (25 years ago, 9-Aug-99, to lugnet.market.theory)
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Message is in Reply To:
| | The AucZilla 500 auction
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| That auction was certainly a novel experience for me - having so many sets to choose from. I had a great time bidding in it - thanks Todd and Charles for organizing it. Now that it is winding down, I was wondering what impressions people had from (...) (25 years ago, 9-Aug-99, to lugnet.market.theory)
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