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RR Auction
Last night I was bidding on an autographed Orson Wells photograph. 30 seconds until close another person bid higher which set the clock to 30 minutes. I said to myself, I’m not bidding any higher and called it a night. I check my email after work and I have an invoice for the Orson Wells at my last bid price. So, now I’m confused, I call RR Auction and leave a message. Someone calls me back and tells me the highest bidder “accidentally” bid on the wrong item!? Something seems fishy since you have to place a bid on THAT item prior to 6:00PM so how can a person accidentally bid on the wrong item more than once? Either, that person has buyers remorse or I would hate to think they raise the bid to see how high you are willing to pay. This is my first experience with RR Auction and would appreciate any feedback.
Replies to This Discussion
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Permalink Reply by Eric Keith Longo on
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Its a business. I expect the only person "looking out" for me is me.
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Permalink Reply by Dee on
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That’s good advice! Yeah, it makes no sense. Seems like it would work against them. You have 30 minutes to think about it-no impulse purchase.
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Permalink Reply by Josh Board on
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You guys all bring up good points (add postage, buyers premium, etc..and decide if it's worth it). Generally, I like the 30 minute rule. It keeps snipers from swooping in last minute and taking it from you.
I do think it's VERY unethical, for RR to bid on items in their auction just because they "don't own it" (as they still get a buyers premium, right?).
In the instance with the photo you bid on, I'd be so ticked at what could have been done in various ways, to increase the amount you pay -- that I would come up with a price, that's a little bit less then what you bid, and say "I'll take it for THIS price" and....tell them why you want it for a small bit less than what your last bid was. I'm sure they'd take that, as...they probably didn't have a bidder right below you.
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Permalink Reply by Eddy on
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Agreed here with Josh. I'd like to think Dee is in the driver's seat on this deal to dictate the terms.
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Permalink Reply by BallroomDays67 on
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It amounts to a hidden reserve. At most, it will only bump you up to the reserve price.
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Permalink Reply by michelle on
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what I have noticed recently is that there is often a flurry of activity the day before the auction ends and then no more bidding . Has anyone else noticed this?
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