I don't get auctions

[DonVoigt]

It is "easy" to explain away as auction fever, no doubt some bidders get caught up- I have on occasion.

Then if you really "need" or want the item, and have $$- why not?

It is pretty much impossible to buy below market at an auction- unless you take a chance on a poor description or poor pictures and roll the dice- JMHO.

I bid on about 20 items at Morphy's, bought two; paid more that I wanted to for each but will be in them "at the market" when delivered.

The two or three dealers present on the floor make sure no one will buy a good item at below "wholesale".

I watched some of the bidding on the web cast- pretty entertaining and educational. I would not have "won" the two I did if I had not been watching them and bidding "live".

By the way, a floor bidder will win the auction if there is a tie bid with a previously submitted online bid- unfair but them's the rules.

[sheepherder]

Walter, If you've been reading the Happy Birthday posts, you'll notice that many of our members are getting on in age...There ain't all that much time left to them...

I'm close to that magic number...I can't afford to wait for a 'good deal' to come along...If what I really want is offered, I'll jump on it...

Originally Posted by DonVoigt

Then if you really "need" or want the item, and have $$- why not?

By the way, a floor bidder will win the auction if there is a tie bid with a previously submitted online bid- unfair but them's the rules.

I've been caught out by that floor bidder that Don mentioned...I got all excited when I saw my absentee bid listed as the winning bid...Only to be crushed when I found that a floor bidder had bid the exact same amount and like Don says, them's the rules...