[78-L] Prices of 78s

[Michael Biel]

From: "Taylor Bowie" <bowiebks at isomedia.com>
> 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?


You get it for what you bid even if you were the only bidder!


> 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.


This is how traditional record mail auctions worked for decades, but I
have been spoiled by the Nauck system and O-boy where I can overbid and
know I will not have to pay that amount unless some other jerk ALSO
overbids!!!!!!  If Kurt is lucky there will be at least a pair of
overbidders, and then he will make a fortune (as if he isn't already!) 
I find that this encourages me to bid higher than I would otherwise,
because I know that in many cases I will get it for a lower amount.


> 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.  Taylor B


I got all but 5 of my wins at less than what I bid, and in one great
case I got a record I have been looking for for 30 years at the $3
minimum despite my overbid in the teens.  I was flabbergasted that no
one else wanted it, just as I am flabbergasted at some of the things
that I lost and was sure that nobody else in their right mind could
possibly want that record.  

Mike Biel  mbiel at mbiel.com  
 




>> 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
>>

> Robert M. Bratcher Jr. wrote:
>> 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......
>>
>
From: "David Lennick" <dlennick at sympatico.ca>
> 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