11-29-2011, 01:20 PM
$1 Mstery Auctions
I cannot understand why anybody would bid up a 1 Dollar auction in the early stages. Bidding $50, $75, $80 or more does not make any sense when the auction closing date is still days away. I guess people do not realize that just $1 can take the bid away from them. Bidding high amounts only makes sense at the last 5 minutes of the auction and only if you really want it badly. This LL Mystery Auction is not like the auctions at E-bay where you can lock in a bid by bidding a high amount and you only pay the increment of $1 over the last bidder. Here, if you bid $999, just $1 could take the bid away by the last bidder at the closing bell.
Think about it, we all might catch a better deal!!!
I have seen mystery auctions bid up higher than what you could buy the package for at regular auctions.
11-29-2011, 01:45 PM
It's the game to some people Not everyone chooses to bid the same way."wherever you go, there you are"
11-29-2011, 02:08 PM
True, every one is free to bid what they like. I question if they understand the Game. The object is not to pay more, but to pay less. Isn't that what a good deal is all about!
11-30-2011, 06:23 AM
I'm sure I'm not the only one who got a good deal by winning an auction by $1. I recall one of our members got one just this past week
People sometimes just quit the game. I saw an auction go 4 hours dollar by dollar, five minutes at a time, and the price was still less than the listing. Your logic doesn't apply to everyone and every auction."wherever you go, there you are"
11-30-2011, 08:57 AM
I saw an auction go 4 hours dollar by dollar, five minutes at a time, and the price was still less than the listing. Your logic doesn't apply to everyone and every auction.
That is precisely my point. Anytime you can get a $1 Mystery Auction below the listing price, it's a good deal. You can save even more, if everybodys bids remain at the $1 level, especially early on, instead of jacking the bids up by $50 in the first days.
11-30-2011, 09:01 AM
What ever happened to the $1 Mystery Auction, where once a months a lucky winner was treated to just $1 for the package? As far as I know there was only one such Mystery Auction where the winner was treated to paying just $1 and it was won by shygirl, one of our Forum Contributors.
11-30-2011, 12:07 PM
I think that was the end or pretty close-- maybe only a few after that. I think I recall a mention of one more on facebook. None were posted as winners after the first, as is very typical of LL contests.
Last edited by kyshel; 11-30-2011 at 04:04 PM."wherever you go, there you are"
11-30-2011, 12:11 PM
" You can save even more, if everybodys bids remain at the $1 level, especially early on, instead of jacking the bids up by $50 in the first days."
Maybe so, but people will still bid they way the choose, even if not according to your thinking. This is like beating a dead horse. It's been rehashed at least once before and made no difference.
At this juncture, I give up.
Last edited by kyshel; 11-30-2011 at 12:13 PM."wherever you go, there you are"
12-01-2011, 04:05 AM
- Join Date
- Jan 2007
- Middle TN, Clearwater & Key Largo, FL
- Blog Entries
12-01-2011, 01:39 PM
Good for you mountie, we might all benefit from a cheaper Mystery