Crooked Necks

Posts Tagged ‘auction’

Authentication is a scholarly opinion based on careful study, research, and intuitive knowledge acquired from first hand experience. When purchasing autographs from anyone, make sure you know who you are dealing with. Check to see if there is a guarantee of authenticity, then confirm that the person making the guarantee can back it up. Determine what the basis is for the authentication. A guarantee is only as good as the person or company that backs it up. If they are out of business next week, you could be ‘stuck’. Ascertain the limitations and conditions of the guarantee, if one is stated. What experience do they have? What formal training have they taken? Don’t let them lead you to believe that there is no place to learn. That is simply not true. There are many programs and college level courses available. It takes time, money, effort, and a serious commitment to be knowledgeable in autographs. Many people do not want to make that commitment, but still want to sell autographs.

The idea of a new auction site pretty penny, but it is based on the old concept: a game of brinkmanship in which the successive bids for each player to the value of the prize, and the last player who decided place a bid and won awards at the value of the gift.

The overall objective of the auction is to outbid your opponent with the fewest amount of bids possible. This ensures maximum value for your offer and leads to significant savings. There are so many new emerging Penny Auction sites that are difficult to know where to start. Many auction sites offer legitimate, but some sites do not direct fraud. But do not worry with SwipeAuctions.com. SwipeAuctions give special gifts to the bidder, is not based on luck – it is based on how much time and effort members have invested in auction sites.

Basic tips to help you succeed in the auction are to determine your destination. It is simple. Identify the product you want to earn and maintain it. It is easy to become distracted by all the other products, but if you focus your offer on a product at a time, then you will have a high success rate. Also, try starting with the least popular elements with the first auction before you bid on some hot ticket items. This will help you get the hang of things before trying the most competitive option.

I’ve come up with a few theories regarding auction strategies that I think might make sense. In general, it’s obviously a good thing to have a plan(s) going into an auction; are you going to go Studs & Duds or a more balanced approach?

You want to have a plan laid out of certain guys you like and dislike and try to generally stick to your plan. I’m not suggesting that you’re so rigid you don’t make adjustments on the fly and react to the market, but a general outline of how you want your auction to go is huge. If you have the time, it is probably wise to have some sort of plan for both strategies so that if you know you need to go Studs & Duds or Balanced, you can be flexible. I think early on in an auction you can get a feel for how it is going to flow; are people holding their cash or splurging? Normally I would say, “Do the opposite of what you think people are doing”. If people are coming in hot, blowing all their cash on the top tier guys, there are going to be good deals to be had later in the auction and you might be able to clean up if there are guys that you like still left. On the other hand, and this is the trickier one because you might not realize it until too late, if people are holding their money, you should be spending your money on the big name players and let people who hold their cash and get into bidding wars on 3rd and 4th tier players because they have the money to do so.