https://www.ebay.co.uk/itm/LIVE-STEAM-G3-Gauge-3-2-5inch-Gauge-MR-Brake-van-kit/303664269166?ssPageName=STRK%3AMEBIDX%3AIT&_trksid=p2060353.m1438.l2649
Quite a saving on the new price. I happen to know the vendor and he's completely dependable.
Mike
Needs to have another look at the postage costs though....... ouch!!
£11 is the standard Royal Mail Special Delivery. After two occasions when kits were lost or damaged, that's what I use when sending mine.
Mike
Just for the record, it sold for 40% off list price. I think that's a bargain. Was even tempted myself!
Mike
Note that the successful bidder stacked three bids - he/she really wanted it. Interesting that he was the only bidder.
A bargain indeed, as I've already got two, don't need another.......
Quote from: LankyTank on Sep 01 2020 11:13
Note that the successful bidder stacked three bids - he/she really wanted it. Interesting that he was the only bidder.
Two of the so-called 'stacks' are greyed out indicating automatic bidding had taken place by another bidder who has either cancelled his/her bid or they have been removed automatically once the item had been won.
https://www.ebay.co.uk/bfl/viewbids/303664269166?item=303664269166&rt=nc&_trksid=p2047675.l2565&showauto=true
Sorry Doddy, but I have no idea what you are saying! Could you please explain?
I thought one just left a bid and that was that. Or used a tool to place the bid for you at the last moment (can never see the pint myself). Are you suggesting that one can place a bid, see that its not enough, and then withdraw it again?
I assumed (like Lanky) that the one bidder left a bid, then decided to increase it - twice, but since nobody else bid against him his subsequent bids were not used. Am I being too simplistic?
Mike
Mike
The practice of placing a last second bid is known as 'Sniping' and there is software that can be obtained to aid one in this last minute bidding practice - I've been the victim of this on a number of occasions, after a while one learns to really make the 'Sniper' pay for the item.
No, you're not being simplistic, it is common practice to put in more than one bid - hence 'stacking'. Withdrawal of bids needs the agreement of the vendor and is generally frowned upon.
Hello Mike,
First of all the bid was not increased three times as it is of the same financial value in all three 'visible' bids. I say visible as it is the case that eBay now deletes bidders history once an item is sold. http://www.ecommercebytes.com/C/blog/blog.pl?/pl/2014/8/1407461693.html (http://www.ecommercebytes.com/C/blog/blog.pl?/pl/2014/8/1407461693.html)
In this case the bidder looks to have made a bid at £100 at the start of the auction and somebody else has also bid for the item at least twice at a bid value lower than the initial £100 first bid.
Whilst the auction is in play, those 'automatic bids' can be seen by clicking on the 'Show Automatic Bids' written in blue text. Once the item has been won, those other automatic bids cannot then be seen as eBay have changed the functionality of the web page to protect other users identities, thus you can only see the winners bids which are repeated three times as two of them are automated bids made in reaction to lower bids made by other people. Those other automated bids are then hidden as you can see on the bids screen.
Here are some currently active bids on a PLM diesel to show what I mean. The first is the original listing, by clicking on the 3 bids blue text by the price you can see the four main bidders and their final highest bid. By clicking on show automated bids in blue text you can see all the bidders and their bids - all the greyed out bids are either manually incremented in response to each other OR are automated responses from a higher bidder like our £100 bidder on the wagon as previous.
In this case it looks like manual increases have been made - particularly with No#36 who has responded to No#900s bid and upped his bid from £103 to £200 whilst initially starting with a higher bid than those placed later. All of this functionality is built into the eBay software platform.
(https://i.ibb.co/vcM0yBN/bid1.jpg) (https://ibb.co/vcM0yBN)
(https://i.ibb.co/WkDfTJz/bid2.jpg) (https://ibb.co/WkDfTJz)
(https://i.ibb.co/xG4Fbxz/bid3.png) (https://ibb.co/xG4Fbxz)
The third party (non-eBay) automated software that makes last minute bids is designed to react in the last moments to the closing price and automatically bids at the last moment based on bidding criteria set by the bidder using a third party software package to react in the bidders absence, It is done this way with the objective of securing the item without inflating the price unduly.
Wow this certainly generated a bit of talk and I wasn't aware of such an automatic bidding program but for clarity I put down the opening bids and then one near the end as I expected someone to snipe but to my pleasant surprise that wasn't the case (no one put in and retracted any bids).
Was trying to avoid buying anything this month in order for my account to recover but had been playing with acquiring the 10T kit for a while and the starting price was too good not to put my name down, should arrive by Mond at the latest :)
Regards
Steve
Well done Steve. Personally, I can't be bothered with sniping. As with normal auctions, set your maximum price, bid to that and stick to it - seemples!
Mike
It's not very gentlemanly I admit but as far as eBay goes at least I find if you go in hard early it tends to encourage competitive bidding compared to last minute efforts. I suppose having been sniped enough times as well it's made me wary not to monitor the countdown when fussed but at the end of the day if everyone puts in their full amount the winner should still be same regardless of the time entry and like you i've made a few people pay for wins :P
Still really happy with the outcome and going through my Illustrated Midland Wagons book now, the Isle of Wight Central example is interesting.