TinWing said:
http://cgi.ebay.co.uk/RARE-ORIGINAL-BOEING-SST-B-2707-300-Jet-Section-Plans_W0QQitemZ320087025368QQihZ011QQcategoryZ40051QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
astronomicomic said:
I usually do not place reserves on my items...but seeing as everyone out there is getting too smart for me, (not too hard to do on certain days), by waiting until the very end to bid...it has been costing me a few losses lately.
Isn't it sad when people actually act in their own self interest, to the detriment of greedy eBay sellers?
Several ways around this, and to find the "true" market value of the item:
1: People send in their max bids secretly. At the end of the auction, the highest bid wins. No "competing" bids, per se.
2: No time limit. Bidding continues until bidding stops.
3: A "reverse auction" (not quite sure of the official name). Auctioneer starts ridiculously high (say, $10,000 for this SST drawing), then slowly works downwards. First bidder to pop up wins, and pays the price the auctioneer was at. If the auctioneer gets down to the reserve price, then there's no sale.
Thought about doing some Type 3 auctions a few times...