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How are you doing in the current auctions?

April 29 2009 at 4:13 PM

  (Premier Login leonl)
Forum Owner

No need to say anything specific I just thought I would get a pulse of how our members are doing on this topic.

How are you doing in the current auctions?

Personally, I have about 130 bids in on different lots and I am high on very few. For no one bidding in the Legendary Auction I am doing poorly so far..... 0 for 40. I expect to make a run for something later tonight but we shall see.....This seems like the right time to upgrade a Drum or two.....Can they all actually get to market prices? My guess is "yes, they can, and will"..

 
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(Login bijoem)

Re: How are you doing in the current auctions?

April 29 2009, 4:16 PM 

I have about five bids going in REA.
And, I would like to win an item or two if I can.

REA is the only auction I am seriously looking at, or have seriously looked at in a while.

I basically have been ignoring all others.... and have been much less active on eBay as well.


 
 


(Login calvindog)

Re: How are you doing in the current auctions?

April 29 2009, 4:19 PM 

The problem with the auctions is that whoever is leading today has a very small chance of leading at the end of the auction unless they are prepared to throw in a few more bids -- especially so in REA in which the extended bidding period is 47 days long (ok, slight exaggeration). I propose gathering a group of bidders -- with pitchforks and torches -- and proceeding over to the REA mansion in Watchung and 'convincing' Rob to end it at a reasonable hour. Of course, while we're all doing that some jerk will be at home on his computer outbidding us on all of our precious cards.

Edited to add: Joe, I wasn't aware that there were 5 Taddys in REA; I'll re-check the catalogue.


    
This message has been edited by calvindog on Apr 29, 2009 4:37 PM
This message has been edited by calvindog on Apr 29, 2009 4:24 PM


 
 


(Premier Login leonl)
Forum Owner

Jeff

April 29 2009, 4:29 PM 

I realize what I was asking is very preliminary because it really all happens in the last hours. That being said I just thought it would be good to get some perspectives... To me it looks like the hobby is quite healthy even though the economy is faring much worse....

 
 
chris
(Login chris122868)

Re: How are you doing in the current auctions?

April 29 2009, 4:34 PM 

As of yesterday i was 4 for 4 in the REA,now i'm 3 out of 4 but as you know that means nothing at this point! IT'S way to early to know anything at this point.

 
 

(Login WarHoundR69)

Re: How are you doing in the current auctions?

April 29 2009, 4:40 PM 

Still live on some NonSports sets

 
 
Phil Garry
(Login bcbgcbrcb)

Re: How are you doing in the current auctions?

April 29 2009, 5:23 PM 

I'm already done with Legendary for today's lots...........

 
 
MJ
(Login marvjung)

HA & Ebay

April 29 2009, 5:30 PM 

I'm out 3 out of 3 on the REA, I'm up on 3 out 7 on HA, and Ebay I'm up....I think 27 out of 48....not too bad....sad about the REA one's though! Rawrrrr!

 
 

(Login barrysloate)

Re: How are you doing in the current auctions?

April 29 2009, 5:34 PM 

There's no practical reason to be high on any lots now in either auction. You'll win or lose them at the end.

 
 


(Premier Login leonl)
Forum Owner

Barry

April 29 2009, 5:46 PM 

I would disagree slightly with your analysis of there being no reason to be high on a lot now, far before an auction close. I think/know there are some lots that get all of their action before the close. If you are high bidder on a lot that would be a $2000 (retail) lot, and you are high at $1800...then there is a chance you will get it for that amount. If the lot is still far below retail (whatever that means) then I agree.

 
 


(Login triwak)

Re: How are you doing in the current auctions?

April 29 2009, 5:50 PM 

Looking to grab one card in REA. Haven't yet decided my max, so am waiting a bit longer before I place it. The last two years, I've focused on one thing in REA and have won both. Kinda the way I like to roll.

 
 

(Login barrysloate)

Re: How are you doing in the current auctions?

April 29 2009, 5:54 PM 

Yes, if you reach your max early no reason not to get one last bid in and hold your breath. But if you are a little below your max, or below fair market value, and bid now, there is a very high probability you will be topped.

Of course you can't generalize because each lot is unique. In my auctions 95% of the lots received their final bids in the last 3-4 hours. The chance of a lot getting its last bid Wednesday and holding up until Thursday was remote, but it could happen.

 
 

(Login MajorDanby)

Re: How are you doing in the current auctions?

April 29 2009, 6:12 PM 

have a few bids in REA and Goodwin, with one high bid in each auction. some of the cards i put in early bid are pretty much out of reach for me at this point. hoping that the two or three cards that are still within by budget wont move up too much the next week or two.

 
 

(Login sox1903wschamp)

Re: How are you doing in the current auctions?

April 29 2009, 6:44 PM 

I just have to say that leon is a buying machine! 130 bids on different lots. Wow. He has replaced Mr. Mint has the new buying machine. Of course he still has to win some but your diversity amazes.

I just hope I do not get tangled up with you on a lot. I will be like the glass jawed fighter going down for the count.

 
 

(Login MSW1)

Re: How are you doing in the current auctions?

April 29 2009, 6:46 PM 

Mike - with bids on 130 lots, it would surprise if you didn't bid on something leon did.
I think this is just leon's economic stimulus package, helping out consignors a bit.




My Trade/Sale Page


 
 


(Login wolfie51sb)

Re: How are you doing in the current auctions?

April 29 2009, 7:00 PM 

We'd like to reveal how we're doing, but unfortunately that would negatively affect the bidding strategies we have formulated.

 
 


(Login jvb6034)

Re: How are you doing in the current auctions?

April 29 2009, 7:30 PM 

I'm sure you'll have the penultimate bid on several lots.

Hope your computers don't break down!

happy.gif

 
 


(Login wolfie51sb)

Re: How are you doing in the current auctions?

April 29 2009, 7:37 PM 

Death threat sent.

 
 


(Premier Login leonl)
Forum Owner

bids?

April 29 2009, 8:11 PM 

Even though bids are important it's generally the #1 and #2 bidders that are the most important to a realized price on a lot. Bids early on really mean very little except that I can play in extended bidding periods. If I have one bid that holds as of right now...in any of the auctions, I would be surprised. I am not the one to worry about. Barry on the other hand...watch out for that guy!! He gets ya' where you are almost in a sleep and WHAM!!.....He goes in for the kill, like a UFC/MMA Champion. Those are the bids that count.

 
 


(Login asphaltman76)

Re: How are you doing in the current auctions?

April 29 2009, 9:05 PM 


I have two bids in on Legendary (deep breath). Although, not going very strong after either.



I have two bids in on REA, and will probably go after one or the other fairly strong.

 
 


(Login rose-hof_selig-sob)

Re: How are you doing in the current auctions?

April 30 2009, 12:14 AM 

I have done some analysis and found that roughly 80% of all lots have just 3 bids left before final sales price when the auction has just 36 hours remaining. I have bid on 18 lots in REA (in the lead on 3) and 8 of those lots I would gladly go three additional bid increments higher. So I plan on winning 6.4 lots.


    
This message has been edited by rose-hof_selig-sob on Apr 30, 2009 12:16 AM
This message has been edited by rose-hof_selig-sob on Apr 30, 2009 12:15 AM


 
 

(Login SteveDawson)

Re: How are you doing in the current auctions?

April 30 2009, 12:32 AM 

Well, it looks like I won the only lot I was bidding on in Legendary's auction tonight! happy.gif



Steve

 
 
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