the economy - from my perspective in hicksville

MikeMason · Post by **MikeMason** » Sat Oct 13, 2007 8:17 pm

You should have thrown out some horns you need to get rid of during the feeding frenzy...

The Big Ben · Post by **The Big Ben** » Sat Oct 13, 2007 9:49 pm

Greg wrote:I think auctions have that effect on some people. "I'm winning this item dangit, I don't care what I have to bid I'm not letting it get away". This seems to be much more prevelant on items that start at a low enough price to set off lots of bids and build momentum.

I think this is similar to the betting phenomena. Difference is, it's possible to win an auction when it's not possible to win a bet.

Winning an ebay auction without paying too much is a talent. Ya gotta learn to let things go and to not start your bidding too soon.

Philip Jensen · Post by **Philip Jensen** » Mon Oct 15, 2007 9:53 am

I find it varies from auction to auction. If you go to an auction with a lot of tools, then typically the tools will go for $$$$$. If you go to an auction that is mostly household stuff, then any tools that are also there will often go for next to nothing. As with any auction (and eBay) it all depends on who shows up. And with really large auctions, if you hang around until the end, lots of people get tired and leave and you can get great bargains then.