Victor V in Mahogany ?

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52089
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Re: Victor V in Mahogany ?

Post by 52089 »

Ebay's bidding system and increments are pretty well documented. Just Google "ebay automatic bidding" or "ebay bidding increments" and you'll find info.

JeffR1
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Re: Victor V in Mahogany ?

Post by JeffR1 »

JeffR1 wrote: Sat Feb 05, 2022 4:30 pm
Inigo wrote: Sat Feb 05, 2022 3:51 pm
I come in like a "bull in a China shop" at the last few seconds with a large bid and blow everyone out of the water, so no one can piss around trying to find my max bid. :twisted:
But, say, you bid 10,000 bucks, outbid everyone, and then what...? You have to pay what you've bid for? Or is there any protection system with which you pay 10% over the second bid...? If not, you'll pay too much for it!
That's what I meant when I said, "that no one knows how eBay works".
In the end I pay what ever the last highest bid is/was, not 10,000.00$ plus what ever the automatic increments are in a given auction to win, and in a big ticket items like this, it looks like150.00$
Look at the bidders page, you can see 5**m automatically went from 1,200.00 to 1,350.00, so eBay is automatically adding 150.00 to what ever the last highest bid is. (I don't know how eBay determines this, sometimes it's 10 bucks, sometimes 100, or more, but in this case it appears to be 150.00$)
So lets say the last highest bid is 4,500.00 and no one can see that, so in the end I would pay 4,500.00 plus 150.00 for 4,650.00, not 10,000.00.

Note too that 150.00$ is also dependent upon what that bidder put in as a bid and how much the last maximum bid was on the buyer before him, but 150.00 seems like a good guess at this point, that's not really important though.

It gets interesting when there is a another bidder who knows this, so in that case it can be a bit of a gamble, but in all the years that I've been on eBay, only one other bidder seemed to know how eBay's bidding system works, but now everyone will know now, or at least everyone here on the forum. ;)

Here's an example, look at the last bid, that's me, I paid 127.51$, to win, my maximum highest bid was 200.00$
No can see my maximum bid, and I can't see anyone else's for that matter.
And in this case, eBay added 2.00$ to win automatically to 127.51$ up to 200.00$
The last bidder did not have time to keep entering bids to find my maximum bid of 200.00$ because I just entered it at the last few seconds.
I gambled that no one would pay more then 200 bucks for a faulty motor.

https://www.ebay.com/bfl/viewbids/26551 ... 7675.l2565

And yes, I think it will go over 3000.00$

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Inigo
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Re: Victor V in Mahogany ?

Post by Inigo »

Ah, thanks. Now I understand. Something similar to Nauck system.
Inigo

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epigramophone
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Re: Victor V in Mahogany ?

Post by epigramophone »

Most auction firms increase the bidding increments as the price rises, and eBay is no different. To do otherwise wastes everyone's time. Imagine bidding on a high value item in increments of £1! It would take forever.
Like Jeff I adopt a ruthless bidding strategy to sort the men from the boys, placing a maximum bid of what I am prepared to pay.
If the bidding stops short of my maximum I win the item having placed the highest bid, which may be well below my maximum.
If someone outbids my self imposed maximum, I console myself with the thought that they have paid too much, and move on.

JeffR1
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Re: Victor V in Mahogany ?

Post by JeffR1 »

epigramophone wrote: Sun Feb 06, 2022 10:24 am Most auction firms increase the bidding increments as the price rises, and eBay is no different. To do otherwise wastes everyone's time. Imagine bidding on a high value item in increments of £1! It would take forever.
Like Jeff I adopt a ruthless bidding strategy to sort the men from the boys, placing a maximum bid of what I am prepared to pay.
If the bidding stops short of my maximum I win the item having placed the highest bid, which may be well below my maximum.
If someone outbids my self imposed maximum, I console myself with the thought that they have paid too much, and move on.
YUP ! Making the other guy pay too much is part of the game too, if I can't have it, then it'll cost-em. :)

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Inigo
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Re: Victor V in Mahogany ?

Post by Inigo »

Yes, but that's the play. In the end, your top bid is the amount you'd pay for getting it, isn't it? You simply force the others to teach their top value; if yours is greater, you have the right to win. As far as everyone knows the playing rules, and they apply to everyone the same, it's a fair play.
Maybe the fairest is a tender with bids in closed envelopes; no chance to modify your bid. Everyone puts it's price, and there's no trick, nor anyone shuffled up by a momentary temptation....
Inigo

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Re: Victor V in Mahogany ?

Post by JeffR1 »

If I happen to get it, that's OK too, but I'm not going to go so far off the deep end that I will end up paying some exorbitant price for something that isn't worth that much, or that I didn't really need that bad.

One has to feel out the other bidders.

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Re: Victor V in Mahogany ?

Post by gramophone78 »

Getting back the original topic, I would be interested to know if the Victor data plate was nailed inside the case or not.
I have seen a Lyon & Healy sold Victor model with the data plate removed from the front and retacked inside the case and replaced with a data plate of celluloid with their dealer name only....much like this decaled version.
Anyone else seen this from this dealer on other machines??
Would Victor ship a machine out without a type destination or serial number?
Very interesting.

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Re: Victor V in Mahogany ?

Post by VanEpsFan1914 »

@JeffR1 is correct--Four days left & it's over $3,000.

Under the lid the photos show absolutely wonderful piano-finished mahogany; it must have been impressive when new. I am not sure where the dataplate would go! Could this be from the custom shop?

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Steve
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Re: Victor V in Mahogany ?

Post by Steve »

Gung-ho late bidding is all well and good but carries high risks with it! I've bid on many auctions in the last 5 seconds with a bid typically 2 to 3 times the current price achieved and as JeffR1 has said, you only pay whatever the Ebay increment is above the second to last or highest bid.

Great, but......in a few auctions I've won someone else has done exactly the same thing and slammed in a very high "**** you, I'm having this!" bid so I ended up paying way over the odds.

There is no perfect and predictably reliable way to bid on Ebay. All methods carry equal risks.

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