[meteorite-list] 3 Day Meteorite Auctions

[Tom Knudson]

Dave wrote;
" Trouble is that most buyers want a hot deal and
prefer to just bid and wait it out rather than pay a penny too much with
the buy it now option. "

That is true!  I have actually had a few auctions that had someone bid on
them and not use the buy it now, and when the auction ended, it went for
more than the buy it know was in the beginning.

Thanks, Tom
peregrineflier <><

----- Original Message -----
From: "Dave Freeman mjwy" <dfreeman at fascination.com>
To: "Bob Evans" <bobe5531 at comcast.net>
Cc: <Meteorite-list at meteoritecentral.com>
Sent: Saturday, May 21, 2005 10:22 AM
Subject: Re: [meteorite-list] 3 Day Meteorite Auctions


> Dear Bob;
> Many times I get requests for the "buy it now" option and I put it in
> most of my auctions.  Trouble is that most buyers want a hot deal and
> prefer to just bid and wait it out rather than pay a penny too much with
> the buy it now option.  Another large mistake is that one should bid
> what they feel is the most they are willing to pay and expect that they
> may not win everything they want if cost is a consideration.  There
> seems to always be someone willing to pay more.    If an item doesn't
> sell with the three day auction, the seller is forced to relist and then
> the cost vs. profit is changed with a relisting fee.  Oddly, and item
> that doesn't sell the first go round may have a battle of the bidders
> war on the second listing, go figure.
> When someone figures it all out they can write a book and sell it to the
>  list.
> Best Saturday,
> Dave Freeman
> mjwy
>
> Bob Evans wrote:
>
> > I find it a pain in the rear to wait for a 7 day auction to end. I
> > know that sellers want to get plenty of exposure, but, it seems like
> > there are a few initial bids and then the auction goes into a freeze
> > until the last day of the auction. So, we just sit back and wait.
> > The way I look at it auctions that are of shorter duration could
> > possibly double a sellers sales in any time frame.Sure its more work.
> > But, $10k/ month is better than $5k/ right?
> > Just a suggestion to all of the larger ( volume ) dealers . Mike ,
> > Hupe , etc.
> >
> > Just a suggestion,
> > Bob
> >
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