Auctions

BILL · 02-04-2001, 08:04 PM

Just a word about auctions..some people get so far into 'winning' and competing that they actually pay more than they really wanted to spend. I think that the person auctioning off anything usually comes out ahead. If I set a $200 reserve on a holster it is because I expect to get that much. If two guys start a bidding war the only thing I can do is get more than I expected to get. I have personally gone over what I originally set as top dollar, but, collectors are often not rational.

02-04-2001, 08:04 PM	#15
BILL User Join Date: Jun 2002 Location: Western Washington Posts: 826 Thanks: 0 Thanked 0 Times in 0 Posts	Re: Auctions Just a word about auctions..some people get so far into 'winning' and competing that they actually pay more than they really wanted to spend. I think that the person auctioning off anything usually comes out ahead. If I set a $200 reserve on a holster it is because I expect to get that much. If two guys start a bidding war the only thing I can do is get more than I expected to get. I have personally gone over what I originally set as top dollar, but, collectors are often not rational.