It's not the bargain hunters to worry about it's the must have at any price lot.On the other hand I wondered if bidding high and early might put off anyone who is just bargain hunting.
It's not the bargain hunters to worry about it's the must have at any price lot.On the other hand I wondered if bidding high and early might put off anyone who is just bargain hunting.
This.I am inclined to wait until the last minute then bid the highest I am prepared to go to and hope for the best. Seems better than starting a bidding war if others are interested.
After a while you kind of develop a "nose" for the auctions that will turn into a bunfight.
Not jewelry or watches for me, but yes, there are some where you just see it and think 'Oh FFS, leave alone'. Either that or you put in a cheeky bid on the off chance or just to annoy the serious bidders. 😆
That said, there are other auctions where it is not immediately clear what the other bidder's intentions are and these are the ones where I'll sometimes try to 'sound out' what is happening. Like you say, you get a 'nose' for it.
Every auction is different and needs to be treated as such, you can't get complacent.
Jewellery and watches are a bit of a funny one though. I buy stuff to wear because I like it, not to collect as such, and certainly not to sell on and price gouge, as often seems to be the case.
The motor racing ephemera thing is a different kettle of fish, because there I *do* collect, and I am, to a certain extent, the expert in my particular field. Which does give me something of an advantage at times. And if it's something I'm not sure about, my bestie is in the trade and can give me a heads up. Mind, I've done the same for him as well.
Yeah, Raliwayana for me, sometimes you just 'know' when you have a good price or not but I have my 'consultants' for when I'm not sure.
I started collecting Mondaine (best known for the Swiss Railways watches. Very simple, clear and to the point) briefly, but it was a bit pricey, so, I tend to avoid these days unless there is something I genuinely want or just makes me go 'wow!'
The one I really want to get now is the one handed 'Don't Rush' watch.
I decide beforehand what the maximum I want to pay is and put a bid in in the last five seconds. I don't see the point of bidding earlier, it just shows that somebody is interested . A long time ago, I saw an exotic valve amplifier that I quite fancied. There were not many early bids. I stuck in my last second bid and found that ten other hidden people were doing the same! BTW, don't put in a bid for a round sum....make it 37p bigger or some other trivial amount.
I will only 'sound out', i.e. bid small amounts to see what is happening if there are bids already. It helps later as you have better idea of if a lot of them are serious or not.
All auctions are different though.
As for odd amounts, yes, I bid £71.23 on something the other day there (it never got to that price, thankfully).
£123.45 is another one, along with other variants.
There's an art in conjuring up stupid numbers that nobody else might think of. My example of 37 was appalling. Everybody goes for3s and 7s.
Duly noted, thanks 😆