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General Philatelic/Gen. Discussion : Dealers' bidding war.

 

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carlberky
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22 Dec 2016
04:00:47pm
http://www.ebay.com/itm/US-Banknote-Sc-215-1888-4c-MINT-NH-Cat-550-/192051638554?hash=item2cb72b711a:g:jEoAAOSwEzxYTwA-

This exceptional stamp has three dealers duking it out on EBay, so far offering about 50% of catalog value, with less then 2 hours to go.

It's mint/never hinged, with near perfect centering, and I'm guessing that they want to offer it at an auction house for a very healthy premium.
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"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
smauggie
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22 Dec 2016
04:07:27pm
re: Dealers' bidding war.

Why do you assume that only dealers are bidding on the stamp?

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sheepshanks
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22 Dec 2016
04:12:19pm
re: Dealers' bidding war.

How do you reckon that it is dealers bidding? all I can see are a few bids and top bid is only $67.15 which is barely 12% of catalogue.
Wonder who has the snipe bid?

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smauggie
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22 Dec 2016
04:27:10pm
re: Dealers' bidding war.

That seller name was making my spidey senses go off. Good to know they are confirmed.

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carlberky
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22 Dec 2016
04:34:05pm
re: Dealers' bidding war.

Why do you assume that only dealers are bidding on the stamp?

With the top three bidders having sales of 2653, 2818, and 4002, I think my assumption was pretty logical.

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carlberky
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22 Dec 2016
04:38:30pm
re: Dealers' bidding war.

The seller name sounded familiar so I did a search elsewhere. Caveat emptor. The selling account is part of the "British Cartel." Research the cartel at SCF and make up your own mind.

I am on their "No bid accepted" list.

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"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
carlberky
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22 Dec 2016
04:44:52pm
re: Dealers' bidding war.

Near perfect centering? We must be looking at different stamps

Near perfect centering. I do not stand corrected.

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"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
carlberky
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22 Dec 2016
05:14:37pm
re: Dealers' bidding war.

Wonder who has the snipe bid?

It will be interesting if they ALL have one.Happy

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"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
carlberky
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22 Dec 2016
07:48:09pm
re: Dealers' bidding war.

'2653' took it to $213, but lost to a newbie (13) who won with a bid of $446 !!!

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"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
sheepshanks
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22 Dec 2016
08:06:43pm
re: Dealers' bidding war.

Here is the winning bidders details.
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBidderProfile&mode=1&item=192051638554&aid=d***d&eu=&bidtid=1341555704009&view=NONE&ssPageName=PageBidderProfileViewBids_None_ViewLink
and this is the bidding war including automatic bids.
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=192051638554&showauto=true
Personally the last bid stinks, but that's merely my opinion.

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BenFranklin1902
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Tom in Exton, PA

22 Dec 2016
08:11:58pm
re: Dealers' bidding war.

The newbie took the prize with a 6 second snipe.

If indeed the rest of the bidders are dealers, they are not smart dealers to be in a bidding war. The newbie was the smart one. ONE bid, no time for the others to react.

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carlberky
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22 Dec 2016
08:38:29pm
re: Dealers' bidding war.

The newbie was the smart one

Rich, maybe. Smart ... I'm not so sure.

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"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
usrevenues
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22 Dec 2016
09:49:25pm
re: Dealers' bidding war.

Oy.

"This exceptional stamp...

It's mint/never hinged, with near perfect centering..."



If I didn't know any better, I would think that you were the seller looking to plug the listing.

As with others, I respectfully disagree on the centering. The margin tab makes it aesthetically pleasing, but the centering is nowhere near perfect.


"With the top three bidders having sales of 2653, 2818, and 4002, I think my assumption was pretty logical."



I don't. They have total feedback in those amounts, not necessarily sales. You have no way of knowing what percentage of those numbers are buying vs. selling. eBay has been around for 20 years now. I know quite a few people who have 4-figure feedback solely as buyers.

Yet again another great multiple is destroyed in the name of profit.
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seanpashby
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22 Dec 2016
11:32:16pm
re: Dealers' bidding war.

I would have never paid $446.00 for that stamp.

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carlberky
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23 Dec 2016
04:14:12am
re: Dealers' bidding war.

If I didn't know any better, I would think that you were the seller looking to plug the listing.

I'm glad that you knew better.

Had I been interested in bidding on that stamp, I would have known that it was offered by the British Cartel, since I'm on their list and my bid would have been automatically rejected.

My interest was only in how the bidding played out.


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"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
        

 

Author/Postings
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carlberky

22 Dec 2016
04:00:47pm

http://www.ebay.com/itm/US-Banknote-Sc-215-1888-4c-MINT-NH-Cat-550-/192051638554?hash=item2cb72b711a:g:jEoAAOSwEzxYTwA-

This exceptional stamp has three dealers duking it out on EBay, so far offering about 50% of catalog value, with less then 2 hours to go.

It's mint/never hinged, with near perfect centering, and I'm guessing that they want to offer it at an auction house for a very healthy premium.

Like
Login to Like
this post

"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
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smauggie

22 Dec 2016
04:07:27pm

re: Dealers' bidding war.

Why do you assume that only dealers are bidding on the stamp?

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this post

canalzonepostalhisto ...
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sheepshanks

22 Dec 2016
04:12:19pm

re: Dealers' bidding war.

How do you reckon that it is dealers bidding? all I can see are a few bids and top bid is only $67.15 which is barely 12% of catalogue.
Wonder who has the snipe bid?

Like
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this post
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smauggie

22 Dec 2016
04:27:10pm

re: Dealers' bidding war.

That seller name was making my spidey senses go off. Good to know they are confirmed.

Like
Login to Like
this post

canalzonepostalhisto ...
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carlberky

22 Dec 2016
04:34:05pm

re: Dealers' bidding war.

Why do you assume that only dealers are bidding on the stamp?

With the top three bidders having sales of 2653, 2818, and 4002, I think my assumption was pretty logical.

Like
Login to Like
this post

"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
Members Picture
carlberky

22 Dec 2016
04:38:30pm

re: Dealers' bidding war.

The seller name sounded familiar so I did a search elsewhere. Caveat emptor. The selling account is part of the "British Cartel." Research the cartel at SCF and make up your own mind.

I am on their "No bid accepted" list.

Like
Login to Like
this post

"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
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carlberky

22 Dec 2016
04:44:52pm

re: Dealers' bidding war.

Near perfect centering? We must be looking at different stamps

Near perfect centering. I do not stand corrected.

Like
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"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
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carlberky

22 Dec 2016
05:14:37pm

re: Dealers' bidding war.

Wonder who has the snipe bid?

It will be interesting if they ALL have one.Happy

Like
Login to Like
this post

"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
Members Picture
carlberky

22 Dec 2016
07:48:09pm

re: Dealers' bidding war.

'2653' took it to $213, but lost to a newbie (13) who won with a bid of $446 !!!

Like
Login to Like
this post

"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
Members Picture
sheepshanks

22 Dec 2016
08:06:43pm

re: Dealers' bidding war.

Here is the winning bidders details.
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBidderProfile&mode=1&item=192051638554&aid=d***d&eu=&bidtid=1341555704009&view=NONE&ssPageName=PageBidderProfileViewBids_None_ViewLink
and this is the bidding war including automatic bids.
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=192051638554&showauto=true
Personally the last bid stinks, but that's merely my opinion.

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BenFranklin1902

Tom in Exton, PA
22 Dec 2016
08:11:58pm

re: Dealers' bidding war.

The newbie took the prize with a 6 second snipe.

If indeed the rest of the bidders are dealers, they are not smart dealers to be in a bidding war. The newbie was the smart one. ONE bid, no time for the others to react.

Like 
1 Member
likes this post.
Login to Like.

"Check out my eBay Stuff! Username Turtles-Trading-Post"
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carlberky

22 Dec 2016
08:38:29pm

re: Dealers' bidding war.

The newbie was the smart one

Rich, maybe. Smart ... I'm not so sure.

Like
Login to Like
this post

"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
Members Picture
usrevenues

22 Dec 2016
09:49:25pm

re: Dealers' bidding war.

Oy.

"This exceptional stamp...

It's mint/never hinged, with near perfect centering..."



If I didn't know any better, I would think that you were the seller looking to plug the listing.

As with others, I respectfully disagree on the centering. The margin tab makes it aesthetically pleasing, but the centering is nowhere near perfect.


"With the top three bidders having sales of 2653, 2818, and 4002, I think my assumption was pretty logical."



I don't. They have total feedback in those amounts, not necessarily sales. You have no way of knowing what percentage of those numbers are buying vs. selling. eBay has been around for 20 years now. I know quite a few people who have 4-figure feedback solely as buyers.

Yet again another great multiple is destroyed in the name of profit.
Like
Login to Like
this post

www.revenue-collecto ...
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seanpashby

22 Dec 2016
11:32:16pm

re: Dealers' bidding war.

I would have never paid $446.00 for that stamp.

Like
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this post
Members Picture
carlberky

23 Dec 2016
04:14:12am

re: Dealers' bidding war.

If I didn't know any better, I would think that you were the seller looking to plug the listing.

I'm glad that you knew better.

Had I been interested in bidding on that stamp, I would have known that it was offered by the British Cartel, since I'm on their list and my bid would have been automatically rejected.

My interest was only in how the bidding played out.


Like
Login to Like
this post

"To paraphrase, Life is but a bird, and the bird of Life is on the wing. Hurry up ... Life is waiting."
        

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