Re: [MV] Gl BIDDING STRATEGY

From: Greg (czechsix@cox.net)
Date: Fri May 16 2003 - 22:28:04 PDT


Sure - everyone has their strategy.

For me, the only one that works is to set an autobid at whatever I want to
pay for the lot, and then forget about it. This game of trying to one up the
other person $10 at a time happens whenever someone new to auctions shows
up - doesn't matter if it's GL, county, or the local estate sale.

Works great for the auctioneers when people get excited and keep raising -
and amuses members of the audience to no end as we watch a bidding war
happen.

So - bid what YOU feel a lot is worth, not what someone else feels it's
worth.

Personally, I kind of like the auction end time advancing another 10 minutes
or so after the last bid - stops those snipers in their tracks, and evens it
out for the folks that want to manually set bids by increments.

Greg
Vista, CA

Best damned Rhodesian Ridgeback in the world:
(and not just because she bit Mark P. in the leg..)
Mzirand. 2.27.90-4.17.01
RIP
----- Original Message -----
From: "Fred H. Schlesinger" <fred@schlesingers.net>
To: "Military Vehicles Mailing List" <mil-veh@mil-veh.org>
Sent: Friday, May 16, 2003 4:27 PM
Subject: [MV] Gl BIDDING STRATEGY

> Is there a favorite strategy for bidding on an MV(required content) at a
GL
> auction?
>
> Do you Autobid what you think is fair early?
> or do you wait until the last minute?
>
> I've never bid on a GL auction. I notice that unlike EPAY, the auction
doesn't
> end until everyone is done bidding.
>
> Does this effect strategy?
>
>
>
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