Wow.

[Breck]

Dang.

 

This admittedly beautiful red-veined OS Balance just went for $645, which is impressive enough, but it was at $435 for hours, then finally outbid, but *that* bidder didn't get it, either!

 

Seems a really high price, but it was a totally pristine-looking pen in a trouble-prone material, so what do I know? I'm just here to watch, anyways.

 

*Phew*

 

 

 

[david i]

Dang.

 

This admittedly beautiful red-veined OS Balance just went for $645, which is impressive enough, but it was at $435 for hours, then finally outbid, but *that* bidder didn't get it, either!

 

Seems a really high price, but it was a totally pristine-looking pen in a trouble-prone material, so what do I know? I'm just here to watch, anyways.

 

*Phew*

 

Nah, it's the right zone, probably a bit on low side. Looks like nice pen.

 

regards

 

David

[Diamondback]

$650 - $700 for an OS Balance in this material and condition is not unreasonable as David states.

 

Mark

[pen2paper]

thanks for the lesson..like the sellers photos that include back of the nib shots..

[Joe in Seattle]

A pen is worth what someone is willing to pay for it. I don't think the last minute $200 was the last word, was it? Didn't someone bid an additional $190 or so and the higher bid took it? If it had been in the $450 range and I indicated my high was $650 I'd have taken it for $455 in the absence of any other bidders, yes?

[Diamondback]

A pen is worth what someone is willing to pay for it. I don't think the last minute $200 was the last word, was it? Didn't someone bid an additional $190 or so and the higher bid took it? If it had been in the $450 range and I indicated my high was $650 I'd have taken it for $455 in the absence of any other bidders, yes?

 

Joe,

 

Not necessarily. It would depend on the maximum bid entered by the bidder you just trumped. Remember, eBay only bids the amount of the next increment necessary to become the high bidder up to the maximum amount of the bidder.

 

Regarding the auction in question, the $200 jump was not entered at the last minute. It was the maximum bid entered at 08:52:27 PDT on April 11 by the bidder who eventually was runner up. If you click on the link "Show automatic bids" link at the top right of the Bid History page you will get a better insight into how this auction progressed. The final bidder in this auction triggered the maximum bid by the bidder who was the runner up. It would appear that the winner may have used a snipe in the last 17 seconds of the auction to put in his bid. Because the runner up had entered a maximum of $635 the snipe bid had to go straight to $645 to trump that maximum as the runner up's bid was the earlier of the two. Hope this is clear.

 

Mark

Edited April 14, 2009 by Diamondback