{"id":1102,"date":"2007-10-28T18:37:14","date_gmt":"2007-10-28T22:37:14","guid":{"rendered":"http:\/\/www.nyoatrader.com\/blog\/2007\/10\/28\/and-i-thought-you-were-crazy\/"},"modified":"2014-08-12T12:28:19","modified_gmt":"2014-08-12T17:28:19","slug":"and-i-thought-you-were-crazy","status":"publish","type":"post","link":"https:\/\/www.nyoatrader.com\/blog\/2007\/10\/28\/and-i-thought-you-were-crazy\/","title":{"rendered":"And I thought YOU were crazy!"},"content":{"rendered":"<p align=\"center\"><a href=\"https:\/\/i0.wp.com\/www.nyoatrader.com\/blog\/wp-content\/uploads\/2007\/10\/knowledge.gif\" title=\"Knowledge is Power\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.nyoatrader.com\/blog\/wp-content\/uploads\/2007\/10\/knowledge.gif\" alt=\"Knowledge is Power\" \/><\/a><\/p>\n<p>A while back I auctioned off a patch on a neckerchief for the <a href=\"http:\/\/tmrmuseum.org\/\">TMR Museum<\/a>. The item in question, was an unlisted Oratam P1 variety on a neckerchief.<\/p>\n<p>I had a email exchange with an Oratam collector who said<\/p>\n<blockquote><p>At first when I saw the price I thought you had a pair of really big ones or was just plain CRAZY. But now I must admit that I was wrong.<\/p><\/blockquote>\n<p>He thought my minimum bid was way out of the ballpark and I explained a bit of my thought process on the issue and how I determined the price. He also had some comments on sniping on eBay. My reply&#8230;<\/p>\n<blockquote><p>Your entitled to your opinion of course, but I suspect the 484P will go for well over $ 100 (maybe close to $ 200 ). It is my job as a seller to maximize the return on an item, particularly as this was donated to the TMR Museum and the proceeds will go to them.<\/p>\n<p>First neither the Tracker Software nor <a href=\"http:\/\/www.oaimages.com\/\">oaimages<\/a> lists a price for this item (or any P1 or P2). This means that none were sold by the major dealers who contributed pricing to Tracker and none sold on <a href=\"http:\/\/ads.auctionads.com\/pagead\/link_d77108bbdf253f711bda_0_http%3A\/\/www.ebay.com\/\">eBay<\/a> (at least properly identified) over the past couple of years. So it is at least uncommon. Most older Pies and other odd-shapes, were generally produced in low quantities and are becoming difficult to find.<\/p>\n<p>Plus when I showed it to a major NJ OA Collector I was offered $ 75 on the spot for it.<\/p>\n<p>There are multiple people watching it, and at least one person has told me he plans to snipe. We will see what happens.<\/p>\n<p>As for sniping, as a seller I&#8217;d prefer to see bidding early and often to drive the price up. The reality is, eBay allows sniping, since any user can follow another&#8217;s bidding through the search function, it makes sense to me as a buyer to conceal my intentions for as long as possible. There are other NYS OA collectors who bid on the same items I do. Should I risk showing my hand particularly when an item is not well described or one item pictured in a pile of &#8221; various miscellaneous scout patches?&#8221; It could wind up costing me considerably more.<\/p>\n<p>Besides a sniper will never beat me unless he is willing to spend more than me. When I place a final bid, it is the maximum I&#8217;m willing to spend on an item at that time. If I think an item is worth a maximum of $ 50 and only bid $ 25 and I get sniped at $ 26 it is my fault not the snipers. If I get beat at $ 51, it was more than I was willing to spend and the sniper is entitled to it. For all I know, the snipers could have been willing to go $ 100 but it will only show one bump above my maximum.<\/p><\/blockquote>\n<p>By the way, the starting price was $ 74. 99 and it went for nearly $ 180 .00, with 2 different snipes in the last 15 seconds.<\/p>\n<p align=\"center\"><a href=\"https:\/\/i0.wp.com\/www.nyoatrader.com\/blog\/wp-content\/uploads\/2007\/10\/484p.jpg\" title=\"Oratam Lodge #484 P1 Variety\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.nyoatrader.com\/blog\/wp-content\/uploads\/2007\/10\/484p.thumbnail.jpg\" alt=\"Oratam Lodge #484 P1 Variety\" \/><\/a><\/p>\n<p>[phpbay]Oratam Lodge,10[\/phpbay]<\/p>\n<p style=\"text-align: center;\"><object classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" width=\"355\" height=\"300\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"flashvars\" value=\"base=http:\/\/togo.ebay.com\/togo\/&amp;lang=en-us&amp;mode=search&amp;query=conclave&amp;campid=5336381953\" \/><param name=\"src\" value=\"http:\/\/togo.ebay.com\/togo\/togo.swf?2008013100\" \/><\/object><\/p>","protected":false},"excerpt":{"rendered":"<p>A while back I auctioned off a patch on a neckerchief for the TMR Museum. The item in question, was an unlisted Oratam P1 variety on a neckerchief. I had a email exchange with an Oratam collector who said At first when I saw the price I thought you had a pair of really big&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[55],"tags":[],"series":[],"class_list":["post-1102","post","type-post","status-publish","format-standard","hentry","category-ebay","wpcat-55-id"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pe0C4-hM","_links":{"self":[{"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/posts\/1102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/comments?post=1102"}],"version-history":[{"count":1,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/posts\/1102\/revisions"}],"predecessor-version":[{"id":19770,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/posts\/1102\/revisions\/19770"}],"wp:attachment":[{"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/media?parent=1102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/categories?post=1102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/tags?post=1102"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/series?post=1102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}