[78-L] Prices of 78s

[David Lennick]

Taylor Bowie wrote:
> David,  I don't know the Hawthorne or Reiss list but are you saying that if 
> you win something from them that you pay your full bid,  even if the 
> underbidder was way below you?

Some days you eat the bear, some days the bear eats you. Don't worry, I don't 
have any more wise sayings.
> 
> I would not consider those to be real auctions,  but more like "make offer" 
> lists,  where the seller accepts the highest offer regardless of the amount 
> of the second highest.

Actually these are "traditional" auctions, and this is the way record auctions 
operated for many years, since you don't know what the next highest bid was. 
And in the Hawthorns' case, you find out how much you lost by since the "items 
you didn't win" are enumerated in your invoice (no crying towels included).
> 
> I just received my winning list from the most recent Nauk and I was stunned 
> as to how many items I won at the minimum bid,  regardless of how much more 
> I had offered.  I sure prefer paying three bucks for something rather than 
> 25 or 30,  which was the case with several records.

Same here..I won a record I needed to fill a gap, for about half what I 
actually bid.
> 
dl
> 
> 
> ----- Original Message ----- 
> From: "David Lennick" <dlennick at sympatico.ca>
> To: "78-L Mail List" <78-l at klickitat.78online.com>
> Sent: Thursday, May 14, 2009 8:59 PM
> Subject: Re: [78-L] Prices of 78s
> 
> 
>> Robert M. Bratcher Jr. wrote:
>>> At 03:29 PM 5/14/2009, you wrote:
>>>> I noted that a well-known eBay seller was offering,  among other items, 
>>>> a
>>>> very nice copy of the Goldkette Victor of "Sunday."  My copies are 
>>>> pretty
>>>> nice but I thought I'd try for maybe a half-grade upgrade since I like 
>>>> the
>>>> thing so much and this conservative seller listed it at E+.
>>>>
>>>> I was surprised that it,  and other common Goldkette Victors,  got quite 
>>>> a
>>>> flurry of last-minute and snipe bids.  and "Sunday" ended up selling for
>>>> $54.
>>>>
>>>> Seems to show that there is still  a demand for the best copies 
>>>> possinle,
>>>> and that there are more than a few people who are willing to pay for
>>>> quality.
>>>>
>>>> Taylor B
>>> Yes if you want a certain record really bad don't be afraid to set a
>>> snipe for $100, $500 or even $1000 whatever you can afford. That way
>>> your chances of winning the record are much better. You may have won
>>> that 78 for $55 or so if you had the winning snipe......
>>>
>> This, of course, spoils us for "real auctions" like Hawthorn's and Reiss's
>> where what you bid is what you pay. Nauck's is a real auction as well, but
>> bidding is on a similar basis to eBoom and what you pay is just a 
>> percentage
>> above the next highest bid. And Green River now operates so that you can 
>> see
>> the second highest bid online, as well as know when you have to raise your 
>> bid.
>> Makes things interesting.
>>
>> dl