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imono · 7 February 2010, 09:30 AM

How is your personal experience in auctions?
Do you bid early, in the middle or as the last second bidder before the gavel falls?
The Rolex watch auction in CT Feb 17 should be interesting.

Has anyone gotten a fantastic deal? I am sure there are good stories.
Anyone with bad stories to tell?

RooRocks · 7 February 2010, 09:50 AM

have been to a couple auctions and people overpaid for everything. Isaw presidents in not perfect condition with no box or papers for over $10k. I saw a pepsi dial go for $7,000

TempoKing · 7 February 2010, 10:17 AM

Quote:

Originally Posted by RooRocks

have been to a couple auctions and people overpaid for everything. Isaw presidents in not perfect condition with no box or papers for over $10k. I saw a pepsi dial go for $7,000

I agree..!

Lamone · 7 February 2010, 10:18 AM

Quote:

Originally Posted by RooRocks

have been to a couple auctions and people overpaid for everything. Isaw presidents in not perfect condition with no box or papers for over $10k. I saw a pepsi dial go for $7,000

Couldn't have said it better

SLS · 7 February 2010, 10:27 AM

I like dealing with sellers that I know...and can go back to if I have issues. I stay away from auctions.
Scott

DarkHorse · 7 February 2010, 02:44 PM

Quote:

Originally Posted by imono

How is your personal experience in auctions?
Do you bid early, in the middle or as the last second bidder before the gavel falls?
The Rolex watch auction in CT Feb 17 should be interesting.

Has anyone gotten a fantastic deal? I am sure there are good stories.
Anyone with bad stories to tell?

I use sniping software that bids during the last couple of seconds before the auction ends. The benefit of this is that it avoids bidding wars between myself and other prospective buyers. I pay about $50 per year for this service and highly recommend it, there are free services that offer the same thing but are not as good in my opinion.

Earl Camembert · 12 February 2010, 11:16 AM

The people that run the auctions work on a commission and know how to get people excited and over pay.

I went to a US custom sized items auction. US customs does not run it and eventing went for way more than it was worth

Bisquitlips · 12 February 2010, 11:46 AM

No matter where you buy, keep emotion out of it and be an informed buyer and you will be fine.

sakuraba · 12 February 2010, 02:29 PM

I think the proper mindset at auctions, both live and online, is to set a price limit for the lots you plan to bid on and then stick to it. Having worked for Gooding and Co., I can tell you that emotions can get in the way of a level-headed purchase.

7 February 2010, 09:30 AM	#1
imono "TRF" Member Join Date: Jan 2010 Location: USA Posts: 3,241	Your Experience in Auctions How is your personal experience in auctions? Do you bid early, in the middle or as the last second bidder before the gavel falls? The Rolex watch auction in CT Feb 17 should be interesting. Has anyone gotten a fantastic deal? I am sure there are good stories. Anyone with bad stories to tell?

7 February 2010, 10:27 AM	#5
SLS "TRF" Member Join Date: Aug 2006 Real Name: Scott Location: GMT -7 Watch: GMT's & Sub's Posts: 10,401	I like dealing with sellers that I know...and can go back to if I have issues. I stay away from auctions. Scott __________________ "The bitterness of poor quality remains long after the sweetness of lower price is forgotten." -Benjamin Franklin Member No. 922

12 February 2010, 11:46 AM	#8
Bisquitlips 2024 Pledge Member Join Date: Sep 2008 Real Name: Richard Location: USA Watch: YM Deep Space Posts: 12,521	No matter where you buy, keep emotion out of it and be an informed buyer and you will be fine. __________________ Rolex Yacht-Master 40mm (SS-YG / Deep Space MOP) 16623 Breitling Aerospace Titanium / 18K with UTC. Omega Speedmaster 3510.50 Oris TT1 Pro Diver Regulator 43MM

7 February 2010, 09:50 AM	#2
RooRocks Banned Join Date: Jan 2010 Real Name: Jamie Location: USA Posts: 268	have been to a couple auctions and people overpaid for everything. Isaw presidents in not perfect condition with no box or papers for over $10k. I saw a pepsi dial go for $7,000

12 February 2010, 11:16 AM	#7
Earl Camembert Banned Join Date: Jan 2008 Location: New Jersey Posts: 1,858	The people that run the auctions work on a commission and know how to get people excited and over pay. I went to a US custom sized items auction. US customs does not run it and eventing went for way more than it was worth

12 February 2010, 02:29 PM	#9
sakuraba "TRF" Member Join Date: May 2009 Real Name: Jib Location: SJ, California Watch: sun dial Posts: 8,189	I think the proper mindset at auctions, both live and online, is to set a price limit for the lots you plan to bid on and then stick to it. Having worked for Gooding and Co., I can tell you that emotions can get in the way of a level-headed purchase.

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