This is getting nuts!

I love that the two most interested parties didn’t get the knife. That is quite a duel to go from $110 to $387 and not win it. I think I will start collecting Royal Dolton figurines or something else that isn’t so over priced, maybe 1950s Birdcage Maseratis.
 
I quit buying knives in 1993 too many and not enough money to buy them.
99 % of my Buck knives were purchased from my Mac tool dealer back then and the other 1 % from a hardware store .I was startled when I went on e-bay in 2006 for the first time and started bidding on some knives.I paid way too much for some and felt like I received a good deal on the others...... BUT
if you want it bad enough money does not get in the way to a point some buyers have deep pockets or deep in debt (credit card) then it ain't real money untill the bill comes due.
 
Ebay can be pretty strange to watch at times. I've seen current production knives (not special runs or anything unusual) sell for more money than you could buy one from (for example) New Graham Knives.
 
Mike Kerins said:
We've discussed the idea that knives are getting way over valued on ebay.
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You know it's not just knives:(...on several other internet forums I've been to folks are saying the same thing. Also the number of fraudulant sellers/buyers(there are a good number of both) is growing.

I've not bought on e-bay for several months and don't believe I will in the near future because the many reasons stated here and on other posts.

I love to "junk" but with gas(must be that the oil companies are in with the e-bay buyers/sellers;)) prices I'm not doing much of that now. I have been taking out many of my Buck knives and fondling them and polishing them up and re-organizing etc:D. Soon the yard will keep me busy and take the mind away(not that difficult) from the comfuter. Preston
 
The above referenced auction ended up with two very motivated BCCI members who were each very determined to win the bid. I assure you they each knew the market value but were willling to pay much more than market to satisfy their collection interest. Sadly, only one of them could win that auction. Now, the auction winner and several other club members will be keeping our eyes and ears open to help the lower bidder find one for his collection!
 
Mike, I discovered that on many occasions the final selling price on ebay has more to do with the competitive nature of the bidders than the value of the item being bid on. Basically two or more people duking it out and nobody wanting to say uncle. Many times I've seen a vendor offering the same item simultaneously as a buy it now and as an open auction. And people will bid the open auction item well above what they could have got it for as a buy it now.
I rest my case.
 
MikeSEA said:
...the final selling price on ebay has more to do with the competitive nature of the bidders than the value of the item being bid on. Basically two or more people duking it out and nobody wanting to say uncle...
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I think it is more than that...Many a time I've seen people bid up in the last few minutes...always a few bucks at a time...it seems like they are thinking..."I can go a few bucks more...it's only another five bucks...ten bucks more isn't any worse than five more...the postage is low; I can go higher...I'll bid fifty bucks more in the last few seconds; nobody else will bid that much, and I'll probably get it for only a buck or two above the present bid"...

Yeah...sure... :rolleyes:

Next thing you know, you have a $70 110 that you could have bought at Wal-Mart for $24... :(

[size=-2]Well, not me...but somebody...[/size] :p ;)
 
Yea Trax I think that's part of it too. The old "it's only another dollar" approach to bidding. But it looked like in this instance it was two guys that just weren't gonna give in....they wanted that knife at whatever the cost.

I guess we live in a strange and wonderful world huh? When the price of gas goes up because a bunch of investors think it will go up. :confused: Sounds like the "bubble" all over again. Let's see there's been the stock market bubble and the housing bubble....maybe we're about to experience the Knife bubble. LMAO :D

A side note......a friend of mine was just telling me that he's going broke because his wife is saving him so much money by shopping at wally world. :rolleyes: :D
 
Larry Oden said:
The above referenced auction ended up with two very motivated BCCI members who were each very determined to win the bid...
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When I read your post, Larry, I went to eBay to look at the bid history, expecting to see a spirited bidding war...(32 bids, looks interesting)...instead, the two high bidders only bid in the last 15 seconds, after "testing the waters" early on with $16/$18 bids...

$110 to $387 in one jump...that pretty much squashes any one else's chances... ;)

[size=-2]No, I didn't bid...[/size]
 
If I had 6 of the 1977 Aurum etched 110's, and needed that 7th one to fill out a display, I would have been bidding just like those Club members. Usually the last knife to fill out a display carries an unlimited price tag:D
 
Mike very inteesting.

I think a lot of it has to with people not doing research & not having a true value of item. Thus driving it up for us ernthusiasts. I think some sellers put too higher price. I wouldn't mind a 501 LE on ebay I've seen a couple listed quite high, when you can get 1 from an online store for a quite a bit less. Unfortunately people will pay.
Cheers
Mitch
 
Well guys I am the high bidder on that auction. I was happy to pay the price for just the reason mentioned above. That is, both the other high bidder, who is a friend of mine, and I are close to filling out our sets of seven #110 Aurum Game Scene knives. Auctions are a funny thing. The price you pay is only based on what two people think an item is worth on any given day. Including this purchase and all the previous knives I have bought for this set my average investment is still in the range in the Blade Guide. You can only evaluate the investment in the context of your collecting objectives. If I only wanted one knife I never would have paid that price. In my case, a complete set of seven knives will more than recover my investment if sold. As far as the value in the Blade Guide, that list is a reprint of an excel file I maintain and provide to Steve Shackleford via Larry Oden for inclusion in the Guide. I guess now that these knives are becoming a hot item I will have to bump up the market value in the next edition of the Guide. In investment terms that is called appreciation. Keep buying those Buck Knives they will appreciate and they are a good investment.
 
Richard Matheny said:
Well guys I am the high bidder on that auction. I was happy to pay the price for just the reason mentioned above. That is, both the other high bidder, who is a friend of mine, and I are close to filling out our sets of seven #110 Aurum Game Scene knives. Auctions are a funny thing. The price you pay is only based on what two people think an item is worth on any given day. Including this purchase and all the previous knives I have bought for this set my average investment is still in the range in the Blade Guide. You can only evaluate the investment in the context of your collecting objectives. If I only wanted one knife I never would have paid that price. In my case, a complete set of seven knives will more than recover my investment if sold. As far as the value in the Blade Guide, that list is a reprint of an excel file I maintain and provide to Steve Shackleford via Larry Oden for inclusion in the Guide. I guess now that these knives are becoming a hot item I will have to bump up the market value in the next edition of the Guide. In investment terms that is called appreciation. Keep buying those Buck Knives they will appreciate and they are a good investment.
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Richard,
Congratulations on your acquisition. I just have one question. It appears that you and your friend were the only ones that pushed the bids up beyond $100. Knowing that I'm wondering if you guys thought about coordinating your approach in order to save money. If only one of you were bidding, the final price would have been a lot lower.
Mike
 
Mike,
True, but then it wouldn't be a level playing field for either the other buyers or the sellers. You can't drive your supply chain out of business if you want to have a good selection of knives available. I would like to have this be a "win win" situation for everyone. I have paid too much for some knives and not enough for others. Overall I am doing fine. In this case the seller is someone I have done business with before who I trust and respect. The first knife I bought from him from this set I paid about $90 for. Now I have paid much more. That is OK with me it will all come out in the end.
Thanks for asking!
 
A high Ebay price paid seems to draw more of the same type of knife out of the closets. Some sellers watch for these tendencies. I've seen the "rare" Kalinga sell for over $200 and very soon after there is another "rare" Kalinga pops up on Ebay, maybe even with the exact same description (misspellings and all) and it goes for high dollars too.
 
2TONYB said:
A high Ebay price paid seems to draw more of the same type of knife out of the closets. Some sellers watch for these tendencies. I've seen the "rare" Kalinga sell for over $200 and very soon after there is another "rare" Kalinga pops up on Ebay, maybe even with the exact same description (misspellings and all) and it goes for high dollars too.
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You make a very good point. I hope you're right and we see a lot more collectible Bucks available.
 
Mike Kerins said:
You make a very good point. I hope you're right and we see a lot more collectible Bucks available.
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I wonder why we haven't seen any of the BCCI drop-point 110's for auction on eBay... :confused:

They should bring a good price...maybe someone should "test the waters" and auction one... ;)
 
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