Is there still a demand for bronze pennies?

[Martinminerva]

12 minutes ago, RChris said:

as an eBay seller, you cannot see a buyer's maximum bid amount. eBay's Automatic Bidding keeps the maximum limit hidden from everyone except the buyer and the system itself. Also a seller can't bid on their own auction......but easy enough to ask a friend or relative.

You are quite correct on your first point - only the bidder knows their maximum. And whilst of course a seller cannot bid on their own item, asking a friend or relative is also what's known as shill bidding and is, rightly, utterly against ebay rules and is highly illegal.

[Coys55]

Just now, PWA 1967 said:

You disagree because you don’t know how it’s done and not going to put it on a public forum. As a seller you can see the maximum bid just as they can put a bid on from another account.

Really? That's very interesting. Another case for using a sniping service.

[PWA 1967]

Just now, Coys55 said:

I followed the bidding right up to the end on my phone. There was little activity in the last hour and none at all in the closing seconds, so no one had put a snipe bid in, at least not a higher one. 

One other piece of eBay advice I have for sellers is to time it so that the auction ends at a sensible time, say afternoon or early evening at the weekend or early evening midweek. Bidders not using a sniping service are likely to be in bed or watching something on TV at 22:37 and less likely to be following the bidding. Especially when there's a World Cup final on...

Maybe it's small margins, but it could mean two bidding against each other vs a lone bidder.

The coin was purchased by a friend who I sent the link to he did leave a bid and then a really high one with a few seconds left. He obviously paid what collectors thought it was worth, although he has been asking me for one since a similar one sold in the workman sale and would have been happy to pay more. Maybe what one collector wants others don’t.

[PWA 1967]

6 minutes ago, Martinminerva said:

You are quite correct on your first point - only the bidder knows their maximum. And whilst of course a seller cannot bid on their own item, asking a friend or relative is also what's known as shill bidding and is, rightly, utterly against ebay rules and is highly illegal.

It’s very easy to see a buyers maximum bid especially if left an hour or days before the end.

[absence of uniformity]

55 minutes ago, Coys55 said:

I followed the bidding right up to the end on my phone. There was little activity in the last hour and none at all in the closing seconds, so no one had put a snipe bid in, at least not a higher one. 

One other piece of eBay advice I have for sellers is to time it so that the auction ends at a sensible time, say afternoon or early evening at the weekend or early evening midweek. Bidders not using a sniping service are likely to be in bed or watching something on TV at 22:37 and less likely to be following the bidding. Especially when there's a World Cup final on...

Maybe it's small margins, but it could mean two bidding against each other vs a lone bidder.

That's strange I watched it live aswell and a single bid appeared in the closing seconds I think at 3 seconds, went up by a few quid.

Ending at 22.37 Im sure didn't help.  

 

[absence of uniformity]

To all members who have sold coins through Ebay, LCA and similar auctions and also through something like facebook at fixed prices; What type and or value bracket coins are best sold where and why ?

Thanks

 

 

[Coys55]

37 minutes ago, absence of uniformity said:

That's strange I watched it live aswell and a single bid appeared in the closing seconds I think at 3 seconds, went up by a few quid.

Ending at 22.37 Im sure didn't help.  

 

Ah, maybe I didn't refresh the screen a short time after it had finished. I turned the phone over almost straight away and went back to the final.

[RChris]

7 hours ago, PWA 1967 said:

You disagree because you don’t know how it’s done and not going to put it on a public forum. As a seller you can see the maximum bid just as they can put a bid on from another account.

Sure you can see the current maximum bid during the auction. But you cannot see the amount someone may have placed as their maximum bid as automatic or proxy bidding.

[RChris]

7 hours ago, Coys55 said:

One other piece of eBay advice I have for sellers is to time it so that the auction ends at a sensible time, say afternoon or early evening at the weekend or early evening midweek. Bidders not using a sniping service are likely to be in bed or watching something on TV at 22:37 and less likely to be following the bidding. Especially when there's a World Cup final on...

Maybe it's small margins, but it could mean two bidding against each other vs a lone bidder.

In retrospect it was daft listing it to finish during the WCF.......but when I set it up for a 10 day run I wasn't think about football 😉 It was a rubbish game anyway and if anyone REALLY wanted that coin I'm sure it would have been priority over the footie. That's the advantage of sniping and proxy bidding. You don't have to remember to bid in the last minutes or seconds. Maybe I was correct in my OP.......there isn't the the interest and demand there was 10 years ago. 

[PWA 1967]

8 hours ago, RChris said:

Sure you can see the current maximum bid during the auction. But you cannot see the amount someone may have placed as their maximum bid as automatic or proxy bidding.

 

 

 

Sorry to keep repeating myself but yes you can if you know how to do it. You maybe don’t believe me but I use eBay probably a lot more than most people and don’t just make things up 😃👍.

[Avocet]

53 minutes ago, PWA 1967 said:

Sorry to keep repeating myself but yes you can if you know how to do it. You maybe don’t believe me but I use eBay probably a lot more than most people and don’t just make things up 😃👍.

If I'm understanding things correctly, to do this you need to use underhand methods - it's not a feature.

The presence of such manoeuvres helps cement my belief that the only rational bidding strategy is to decide how much you're really willing to pay (a more complex mental process than many give it credit for) and bid once only, as late as you dare.

The only proviso I can think of is that buy it now and make offer options are removed by the first bid, so it may be desirable to place a minimum bid early if someone hasn't done so already.

[PWA 1967]

3 minutes ago, Avocet said:

If I'm understanding things correctly, to do this you need to use underhand methods - it's not a feature.

The presence of such manoeuvres helps cement my belief that the only rational bidding strategy is to decide how much you're really willing to pay (a more complex mental process than many give it credit for) and bid once only, as late as you dare.

The only proviso I can think of is that buy it now and make offer options are removed by the first bid, so it may be desirable to place a minimum bid early if someone hasn't done so already.

Yes in my opinion 100% correct 👍🤦‍♂️

On my phone a caught the 🤦‍♂️picture 😃

Edited 49 minutes ago by PWA 1967