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Thread: another charnley winner...
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02-27-2011, 07:05 PM #1
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Thanked: 2another charnley winner...
NATURAL SHARPENING STONE IN DECORATIVE HARDWOOD BASE on eBay (end time 27-Feb-11 19:02:48 GMT)
anyone from the forum? again using a sniping program....
people need to realise using a sniping program just pushes the price up way too high for everyone. so stupid.
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02-27-2011, 07:16 PM #2
sniping
It's not the sniping that drives up the price. It's simply the market. This stone went for what -- around $165 ? It sold for that much because that was what someone was willing to pay for it. Vintage stones have been going up steadily, maybe people are actually speculating, but that's their right.
Don't get hung up on hanging hairs.
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02-27-2011, 07:19 PM #3
I have seen these sell for almost 300.00USD so that really isn't a bad price for what they are usually going for now a days.
Sniping doesn't drive up the market it's the people or collectors bidding early days before the auction ends that drives up the market.
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02-27-2011, 07:20 PM #4
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Thanked: 2no not in this case or many of cases. it was 31 pounds until the last few seconds, then leaped to the max bid of a sniper of 102 pounds. if this person hadnt been using this program it would have stayed lower and saved 60 or more pounds!
people are just pushing up prices with this sort of behaviour with sniping programs, certainly a different thing to demand. if they just used some sense, they could have had it for a lot cheaper and saved themselves a lot of money, thats where the stupidity lies!
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02-27-2011, 07:24 PM #5
A lot of these things are becoming collectable just like Escher stones are. There is a market of collectors out there too who don't even hone razors that collect Eschers which is why they are 700.00 some times, not just from razor users.
Just think about how high coticules will sell for when the mines close and run out of resources, they hundreds of dollars and are still available.
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02-27-2011, 07:29 PM #6
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The Following 2 Users Say Thank You to Utopian For This Useful Post:
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02-27-2011, 07:37 PM #7
Ron, please don't hold back, tell us how you really feel! LOL
@ Pistol. Sniper programs have absolutely nothing to do with raising the cost of auctioned items, a maximum bid is a maximum bid, wether it is through ebay or a snipe program. Even it it was not sniped it would have brought the same price. All sniper programs do is to finish the bid war in the last few seconds rather than through the entirety of the listings lifespan. Snipe bids are not privileged.It is easier to fool people than to convince them they have been fooled. Twain
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02-27-2011, 07:52 PM #8
A case can be made for the fact that sniping programs have the opposite effect from running up the prices. What they do is bid at the last moment thus preventing someone who hasn't already bid from topping their maximum bid. They deprive others of the chance to further run up the final bid, and, in so doing, they actually tend to keep the maximum bid lower than it might be if someone else had the opportunity, and the desire, to bid even higher.
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02-27-2011, 08:21 PM #9
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02-27-2011, 10:01 PM #10
When someone bids, sniping at the very end or earlier, the bid increment only goes up by an amount of a few bucks/pounds relative to the previous bid. While it is true that the stone remained at the 31 pounds until right before the end the last 4 bids came in at that time.
Look at the bid history. If two individual bidders hadn't been fighting it out the stone wouldn't have gone for as much as it did. IOW, if one person had sniped the final value would only be one bid increment over whatever the previous bidder's high bid was. Not necessarily what was displayed on screen before the end. It is not as confusing as my attempt to explain it makes it seem.Be careful how you treat people on your way up, you may meet them again on your way back down.
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The Following User Says Thank You to JimmyHAD For This Useful Post:
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