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#177486 - 08/04/03 12:26 PM patience is a virtue
srs1a
Old, dense-headed hammers are cool. Best nail pounders.


Registered: 08/15/02
Posts: 987
Loc: NY

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I'm chasing the last several percent of my set (68T baseball) and have been buying PSA cards to cross over. The last few cards in this set (595-598) are pretty difficult to find in nm/mt or better, so bidding is usually pretty spirited when these cards show up. Here's some interesting data on card 595 -- 3 PSA-8's hit eBAY in the past 2 weeks. I was very suprised to see 3 hit so quickly -- there are only 19 PSA-8's.

Auction end date price
7/16 15.57 (I was the under bidder)
7/21 21.29 (I was the under bidder)
7/30 9.95 (I won the card)

So, the moral of the story is either (1) patience is a virtue or (2) sellers, don't end your auctions right after the national ends. I suppose both of these had a role in this specific auction.


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#177487 - 08/04/03 01:00 PM Re: patience is a virtue [Re: srs1a]
aconte
Bid more or post more... tough one...


Registered: 02/22/02
Posts: 1896
Loc: On The Beach....where else!

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srs1a,

I just made the same comments in an email to another collector today.

But I would say that #2 could of been a good answer too.

I won a Sgc 86 red man card for $8.50 on 7-27-03. That was a cool
steal!

aconte
_________________________

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#177488 - 08/04/03 01:12 PM Patience, Not Passivity [Re: aconte]
vayank
The Amazing Card-Man


Registered: 04/13/02
Posts: 948
Loc: Alexandria, Va

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Very true. Patience is a virtue. It can be a difficult task, though, to know when to wait and when to strike. With my '77's patience is almost always called -- there's always another coming around the pike. Of course, I blew a bargain of a SGC 92 Ryan by being too patient/passive.
_________________________
---- Matthew T. Natale Alexandria, Virginia Completed 1977 Topps Baseball SGC Graded Set, Average Grade 92.89

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#177489 - 08/04/03 01:24 PM Re: Patience, Not Passivity [Re: vayank]
srs1a
Old, dense-headed hammers are cool. Best nail pounders.


Registered: 08/15/02
Posts: 987
Loc: NY

Offline
Well said Yank. I think one needs to set one's "passivity" level based on as much data as one can find (various pop reports, etc) and then use this to judge how "patient" to be. When I missed the 1st one, I bid much more agressively on the second. I was really suprised that I didn't get it...I was very happy when the 3rd one showed up! I was almost stupid for being passive, but ended up being smart for being patient! huh?
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