About 3 weeks ago a seller put up a 2002 Upper Deck
Authentics Ken Griffey Jr (#162) reverse negative parallel as an error card and
they set a reserve price. I would love to add one of these to my collection,
you do not see them show up to often, and with a day left in the auction and
the price sitting around $5 I put in a bid of $15.79 hoping that the reserve
was like $12-15. I was bid up as the time ticked away and the auction ended
with me having the final bid of $12.51. Slight problem, obviously the reserve
was not less than that and the auction ended with no winner.
I watched the seller for the next 2 weeks to see if they
would put up the card again. I was hoping that he
would see the final price and either set a BIN or a lower reserve. No luck, the
card just wasn’t showing up and I stopped checking his auctions earlier last
week (he sold mostly cheap electronics and home gadgets). Which turned out to be my bad decision. I found out he eventually put
the card back up, no reserve on a 3-day auction. The damn thing sold for a
little over $6 with free shipping.
I know that losing out on the card was ultimately my
fault for not watching the listings closer but damn, he could have easily
contacted me after the first auction and I would have paid $15 and still have
been happy.
Now someone got a better deal, he lost out on an additional $10 and I lost an awesome card for my collection. I am bummed about this.
Now someone got a better deal, he lost out on an additional $10 and I lost an awesome card for my collection. I am bummed about this.
/rant
I've never understood why a seller will start the price low (say $2) and have a reserve price of $30. Reserve not met? Maybe they should start out with the reserve price. It will either sell or it won't.
ReplyDeleteI do understand bidders getting caught up in an emotional bidding frenzy and hopefully it will push the selling price over the top. I tend not to bid on auctions like that.