Wednesday, April 14, 2010
Talk about bullet proof bids! The best selling British item over the last month had an armor plated high bid. It withstood a series of attack bids and three snipes to hold on for the win. Click the bid history if you want to see for yourself how it played out. Some of the other auctions in this top selling list were taken with a single bid because the auctions demanded such a high opening bid. The paratrooper helmet was an exception with three bidders in at over $1k. The auction was won by...you guessed it...a sniper. The final listing to make the top list includes some really neat historical information that is worth the read.
Wednesday, April 7, 2010
When you see an auction with forty or more bids what is usually happening is that a single bidder is responsible for 1/2 of those. I like to call it the "dink" strategy of bidding. You increase your bid by as little as $5 per bid hoping to just barely top out the high bidder. The interesting about these auctions is that you can never predict which items will strike up a bidding war. Take the top item in this list - who would think that the most competitive item in the category (based on bidding) would be a Swedish sling? Go figure! Here is something you can do just for run. I arranged these five auctions by the # of bids they received. Can you put them in order according to which ones sold for the most on eBay? Do that in your head real fast and then click on the links to see if you can confirm the guess. If you do well post it as a comment in response to this blog post.
Wednesday, April 7, 2010
I've seen plenty of insurance bids on auctions but its pretty weak when you make that bid be only $1 stronger than your current high bid. In the auction for the German paratrooper helmet that is what the bidding history revealed. Going into the last few minutes the high bidder "padded his bid" by a total of $7 with four insurance bids. However, if he was trying to hold off the snipers it didn't work. A pair of snipes came in during the final seconds and the one for $1332 carried the day. I mention that because the other three items in this list started off with a really high minimum bid and only got the one bid that counts.