I Guess I Didn't Bid High Enough

That seller always has a lot buyers willing topay big dollars. I've bid on some knives of his before and they ALWAYS go for way more than I'm willing to pay. There are certain sellers that always seem to draw top dollar.
 
Somebody wanted that one awful bad. Doesn't even have the box...
I think a lot of times certain buyers get in a bidding war, and bid outrageously high just to keep the other person from getting it.
I didn't bother checking the bidding history on this one though
 
O'l u***4 and 0***n must have wanted that one real bad. Maybe they knew something I don't know. My guess is it has something to do with the production run (low numbers of copies) and that it's a hand-forged steel blade.

I think hand forged 440C steel Bucks in very good condition will start to command higher prices, simply because this process is all but gone from standard production knives. It's the old-world craft in a modern setting. Hand forging is now mostly in the realm of the custom maker. At least I'm assuming it's hand forged. Otherwise, I can't imagine.

Still, if I were bidding I'd stop in the circa 100+ range.
 
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jest thoughts on this
IF some one had a nice but use showing older 2 line WITH its box and 'stuff'
then a un-used knife and sheath would be the perfect marriage as they say on
roadshow.. this is done a lot with knives and other small small collectibles
 
If you click on "Show Automatic Bids" it shows that the bid was at $122.50 until the final 15 seconds. Then a lot of stuff happened fast.

Two crazy things factored in......a new guy who had made a huge crazy bid early on and a sniper who made a huge crazy bid in the last few seconds.

The new guy (O-N) has only six feedbacks and made that huge $350 bid HOURS before the end. He's rich or crazy or both. Even if he's rich he probably thought nobody would ever bid even close to that high and he would get it a lot cheaper.

This new guy either doesn't know how to snipe or knew he couldn't be there for the end of the auction so he bid real high real early. Bad strategy unless you're rich and don't really give a damn.

The winner (U-4......an old guy with 646 feedbacks) probably didn't realize what was happening and made his own huge bid (somewhere OVER $355) in the last few seconds thinking that nobody would have been crazy enough to bid anywhere near that high and he would get it a lot cheaper.

Collision. Neither really wanted to pay anywhere near that high. Bad gamble.

At least that's the way it looks to me. I could be misunderstanding the bidding record, but that's my scenario.

I really hope the new guy just made a mistake. If that's the way he's gonna play......he will drive Buck prices sky-high.

:D
 
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Interesting theory, BG-42. I'm very new to online knife bidding and I'm still learning the best strategies. However, I decide the max I want to pay for an item and usually don't go over that. Only once did I re-think and change my max. That was because I thought I'd likely not see another in that condition in a long while. Still, there are one or two cases where I think I probably overpaid for something looking back, but not by over $50-$60. In studying auctions others bid on, it's surprising how much, and also how little certain things go for. A knife that goes for $399. by one seller auctions for $130. by another. The prices are all over the map.

Still, if I lose a bid, it's no biggie. There will always be other knives offered. And I doubt Buck or other knifemakers will stop making nice knives.
 
peterinct said:
I'd say "itsakiller" made a killing on that one!

Peter
Click to expand...

It's entirely possible that the winner may withdraw his bid, even though the seller would complain. I don't think there's really much that a seller can do anymore to punish a buyer who backs out.

I wouldn't even be shocked if the seller ended up putting the knife up for auction again after the dust settles.

There was something strange about this auction.....maybe more strange than we can guess.
 
wolfdog said:
I'm still learning the best strategies. However, I decide the max I want to pay for an item and usually don't go over that. Only once did I re-think and change my max. That was because I thought I'd likely not see another in that condition in a long while.
In studying auctions others bid on, it's surprising how much, and also how little certain things go for. A knife that goes for $399. by one seller auctions for $130. by another. The prices are all over the map.
Click to expand...

The only way I bid is to place my bid in the last five seconds (I have a fast connection, this might not work for everybody).

So.....I usually wouldn't have time to raise my bid, even if I wanted to.

As you mentioned earlier sometimes there are special things that only the true experts can see.......so if a couple of them are bidding--the final price may look crazy to the rest of us. I study those and try to figure out why.

Maybe 334Dave will comment. He does a lot of smart searching and bidding.

The whole e-Bay thing is an art......and fascinating in itself.

The current economy is helping so that we are seeing prices we may never see again.
 
BG42EDGE said:
It's entirely possible that the winner may withdraw his bid, even though the seller would complain. I don't think there's really much that a seller can do anymore to punish a buyer who backs out.

I wouldn't even be shocked if the seller ended up putting the knife up for auction again after the dust settles.

There was something strange about this auction.....maybe more strange than we can guess.
Click to expand...

No doubt there can be MUCH more to an auction than is obvious. I've known sellers that have friends bid up items for them and if they should win, the seller doesn't hold them to the bid or complain about the buyer to ebay.

Also, a while back, there were third party suppliers that sold sniping software. THEN ebay saw there was money to be made, and began offering that function themselves. For a nominal fee of course.

It is VERY interesting, as wolfdog noticed, to see how similar items fetch prices all over the board!

Regards,
Peter
 
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