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Auction Bidding posted by TD Henson

Started by CSJournals-migration,

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  • Member: Seasoned Veteran
CSJournals-migration

CSJournals-migration

Posted
  • Member: Seasoned Veteran
Posted

What's the right price, when am I obsessive and why do I screw up so much?

 

Going along the theme DM Merrill Associates has started, why is that I always get cold feet before and after the auction?

 

Here's a recent saga for me, which repeats all too often...

 

I find a coin that I really need/want and stick it in my favorites/watch list to come back to and bid later in the auction. I recently found a tough coin listed on one of the major auction sites for a set I'm working on. It's a modern coin, so I bid $150 thinking that maybe this would be good enough. I walked away and forgot it and the coin sold for $300.

 

My first reaction was that's way too much...then I thought well given the pop reports and my own searching of the year and MM maybe it's fair...then I thought "how stupid can I be, as I let a steal get away!

 

Anyone else go through this post-auction hillarity?

 

I do similar stupid things when I win. At first I'm jubiliant that I won, then I go into buyer's remorse that I paid too much, then I start feeling like the price was good to eventually I talk myself into the fact that I'm an auction wizard and I was able to score that coin for an awesome price!!

 

Stupid!!! Probably need to start CBA - Coin Bidders Anonymous - to help with my "problem".

 

Happy 4th of July to you all!!

 

Todd

 

Today's picture the reverse of my freshly graded 1979-D MS 66 FT Roosie!

9017.JPG

 

See more journals by TD Henson

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Walkerfan

Walkerfan

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Lord God, grant me the serenity to accept losing the coins that I cannot affford to bid on or to win, The courage to bid on and win the things that I can that are worthy, and wisdom to know the difference. :)

 

I am definitely a coin addict!

 

I'd be drinking coffee and saying "Hi, my name is...." at those meetings for sure!!

 

Happy 4th of July!!!

 

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erwindoc

erwindoc

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Just make me an offer on a few of mine that remain and all the auction pain and suffering will go away!

 

By the way Todd, been there and done that. It always stinks to be the under bidder!

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