Low Cunning and Bidding on ebay

Last week I bid £120 on a medallion. I’ve already had a discussion on thrift, common sense and my sanity with Julia, so we’ll gloss over that. My defence is that collecting is a mental condition rather than a hobby.

It’s like the one in the header picture but the reverse has the coat of arms of Skegness. The one in the picture is the commoner one with the coat of arms of Lincoln on the reverse.

There is a picture of the Skegness medal and much other material here.

I didn’t get it, and was annoyed to be the underbidder to a winning bid of £122. I was a bit shocked to be honest, as I really thought it should only be £80 – £90. The extra was the safety net to ensure I got it.

Ah well, some you win and some you lose.

Then it immediately reappeared for sale, using the same photographs, but this time with a reserve. Curiouser and curiouser as they say. Well, Alice said it in Wonderland, and there’s a lot in ebay that reminds me of life through the Looking Glass.

I watched it. I considered writing to ask what was happening. I thought of reporting it to ebay, because it looked like someone had bid it up and bought it back themselves by accident. Such things have been known, though I can’t say for sure. I can only say that I was suspicious, and that there were certain indications that this was the case.

Anyway, I didn’t bid. I watched, I compared the bidders with the bidders on the previous “sale” and I waited. Eventually I decided what to do and put a bid on it. Someone outbid me. It was the same bidder that had outbid me last time.

This was where my low cunning came in.

I bid again, just another £2.

They bid again and outbid me again.

But, I think they got the message – that there would be no big bid this time – and they didn’t bid again when I added an extra couple of quid. After all, how many times do you want to buy your own stuff back? It gets expensive when you have commission to pay.

Nobody else bid either and I closed the sale at £87. It’s enough, but it’s £33 cheaper than I bid on the previous one. Assuming my earlier suspicions were justified I’d like to think of it as both a result (better price) and a lesson (greed doesn’t pay).

 

27 thoughts on “Low Cunning and Bidding on ebay

  1. jfwknifton

    I’ve pretty much given up on ebay but I always used to bid just a little over the round figure and then a bit more in case the opponent was doing the same as me. My narrowest margin was a football programme for £50.01.

    Liked by 1 person

    Reply

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