I don't think so. I bid in small incriments so that if a competing
bidder just gets resentful and starts bidding to make me pay more for
shits and giggles, he can't drive me up without running the risk of
winning it at a price he does not want to pay. Also actually helps
thwart a shill. If I put in a big incriment, my risk of a higher
price due simply to competition is increased. I know this, because
I've done the very thing to a few competitors that pissed me off,
making them pay a lot more, but of course taking a calculated risk
that I could win at an unpalatible price.
Whew
Holiday
Sent from my iPhone
Begin forwarded message:
From: Sean Linkenback <[email protected]>
Date: April 15, 2010 11:43:43 AM EDT
To: [email protected]
Subject: [MOPO] My Totally Different bidding experience on MovieposterBid.com
Reply-To: Sean Linkenback <[email protected]>
I am a new bidder on www.MoviePosterBid.com and last night I thought
I had just completed a mini-bid war with monimaker and poems71 over
a 40"x60" Robinson Crusoe on Mars poster - in fact the high bid
hadn't changed for over 3 minutes so I was pretty sure I had the
piece won at $125.01 when all of a sudden some other bidder came in
at the last second and beat my high bid by $1!!! WTF?!?!
Well I wasn't going to let this guy get the best of me by $1, so I
quickly entered a bid of $127.05 - figuring I would get him by $1.04
just to be sure.
But wouldn't you know it - he was still high bid by $1.
It took me a minute to figure this out, but it was only $1 so I
thought I would try $1 more. But guess what - he was still high
bidder and now I saw that he even had the nerve to just place
another bid at 8:34. (Why would he do that when he was already
winning? What was going on here?)
This poster was still a bargain - especially in this rare size and
with the book coming out about 40"x60"s I decided I would give it
another shot. I kept going up little by little, hoping to win the
poster for the least amount I could and I guess he finally gave up
after awhile. it took a full 30 minutes, but finally I was high
bidder again just after 9pm and for $161.
So my question to the group is this - Do you think that other guy
was shill bidding? I mean obviously I had the poster nearly won a
full 30 minutes earlier for $125.01, and then the guy (maybe the
consignor?) decided that wasn't enough and he outbid me knowing I
really, really wanted this poster. Then when he saw I would play
his game and keep bidding, he made a couple of more tiny bids just
to squeeze a few extra dollars out of me.
This has really left a sour taste in my mouth and if I didn't know
that Rich was an honest seller it might really make me think twice
about bidding again in his auctions.
Samiam
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