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Ebay Live Auction Experiences

Mulrich

By Mulrich
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Mulrich Collectors Item

Mulrich

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Has anyone encountered an eBay live auction? A few weeks back I came across a pen on eBay I had been looking for but it was being sold in a live auction. I patiently waited for the live event, went through the registration hoops, then waited for my targeted pen to come up. I bid aggressively for the pen but was ultimately outbid, but the listing later showed 0 bids (I know I had at least one bid go through).

It looks like the same pen is available again in a live auction event (same seller, etc) so I assume the pen never sold. I really dont get how a live auction works. Does anyone have any pointers? This seems like a good chance to find a good deal (the other items in the live auction are ornate jewelry, so I assume few buyers would want a pen) but I dont know how to work the event.

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james3paris Rare

james3paris

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Most live auctions are auctions through an auction house (as examples, Skinners, Sotheby's, Christies). I handle it by finding the auction house online and bidding directly through them. I don't mess around with ebay as a middleman. Generally speaking, you will save money going to the auction house--premiums 3-6% less and other additional costs.

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inkstainedruth Ancient Artifact

inkstainedruth

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I didn't even know that eBay did "live" auctions. How do they work, compared with eBay's normal setup?

Ruth Morrisson aka inkstainedruth

"It's very nice, but frankly, when I signed that list for a P-51, what I had in mind was a fountain pen."

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Mulrich Collectors Item

Mulrich

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The first I heard of them was last month but I couldnt figure them out. This time around eBay let me pre bid (I think) so maybe that means my bid will work.

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james3paris Rare

james3paris

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It is like being at a real auction. You are bidding against other ebay buyers and you are bidding against people on the floor of the auction. The auctioneer has control of all bidding. Like I mentioned above, I would sign up with the actual auction site, if there is one. You will save a lot of money.

 

This is one of the auctions house They have had live auctions online and ebay simultaneously. I directly bid with their site.

 

A lot of large and best auction houses have bidding via the internet.

 

Here is a great site for auctions. https://www.invaluable.com/

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james3paris Rare

james3paris

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The first I heard of them was last month but I couldnt figure them out. This time around eBay let me pre bid (I think) so maybe that means my bid will work.

Good luck...

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Gloucesterman Antique

Gloucesterman

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Another excellent way to get more money from more people who "need" more pens. Oh yes and FASTER too!

 

I'm not a cynic, I'm an addict!

 

Happy bidding to all!

“Don't put off till tomorrow what you can do today, because if you do it today and like it, you can do again tomorrow!”

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Mulrich Collectors Item

Mulrich

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I tried again today and failed, even with pre-bidding. The pen is still listed as unsold (even on the auctioneers website) so maybe Ill have another chance. I sent the seller an email asking for advice, well see if they respond.

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JotterAddict62 Collectors Item

JotterAddict62

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I won't bother with that type of format . Then what about shipping? I'll pass.

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Shannon Extremely Rare

Shannon

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I've used eBay live auctions and have had great luck. One thing I found out the hard way -- get preapproved to bid as early as you can. I missed a beautiful pen because I didn't get approved to bid before it hit the block.

My fingers are always inky and I'm always looking for something new.  Interested in trading?  Contact me!

 

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inkstainedruth Ancient Artifact

inkstainedruth

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How many of these auctions are for high end/luxury goods? There seemed to be a lot of jewelry and watches listed for the upcoming auctions in that particular link.

Ruth Morrisson aka inkstainedruth

"It's very nice, but frankly, when I signed that list for a P-51, what I had in mind was a fountain pen."

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Mulrich Collectors Item

Mulrich

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I tried buying the same pen a few times through a few different platforms before finally emailing the auctioneer. It seems like the pen had a minimum reserve price that wasnt disclosed in the description which is why it never sold. They offered to sell it to me outside the auction but for a price well above what similar pens have sold for so I passed. So much for finding a deal.

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