Auction fever
Last Post 20 Oct 2010 09:35 AM by Dunc. 8 Replies.
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fredUser is Offline
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14 Oct 2010 09:08 AM  

I have attended quite a few collectors auctions in search of gems.

After winning the bid in a heated and enthusiastic bid session I have driven home wondering whether I had paid over the odds for a sign.

Stephens Ink (the bulldog) over 1,000 back in the early 90s. Has anyone else not known when to stop bidding?

I now always remember a wise man once said. "Why should you be the only person willing to pay more for something than anyone else is."

 

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15 Oct 2010 12:33 PM  

I am always suffering from auction fever. You go into it with a figure in mind and before you know it your swept up in all the excitement.

One sign comes to mind that came up a couple of years ago in my local auction. It was a Cadbury's Landau sign not in great condition but pretty good. Coming into the auction I thought I would go to AU$3,500- 4,000 for it, before I knew it I was having a bid at $5,000. I didn't end up getting it, and then found out that a friend was bidding at the back of the room and he had out bid me. I was a bit annoyed because he mostly buys motoring related signs, so I wasn't even thinking that he was going to be my competition. Looking back I'm glad I didn't get it because I think our auction fever pushed the price a bit over what it's worth.

Gordo

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15 Oct 2010 09:54 PM  

HI Lads- i am still getting over my stupidity on last Tuesday night. After a long drive home from a teddy bear fair (WOMEN) i had a quick look on ebay and saw item No270648386380 had just appeared for 30mins-i thought it was original and snapped it up- i should have known better but i bought the damn thing.next morning i checked my new bargain sign and had a really good look this time--just a repro and i paid the price-ouch im still crying--sad David

one mans rubbishUser is Offline
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16 Oct 2010 07:41 PM  

Ouch - Thanks for your honesty David - I would have kept quiet and hoped that no-one that I know found out

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16 Oct 2010 08:38 PM  

 This is a tale about NOT getting over auction fever at all, Ebay or otherwise. At the tender age of 10 I was bidding for some coins at my local auction. My Dad went every week and bought all sorts of tat. Coins were my latest fad (just before tins and advertising) and I bid £1.50, £2.00 and another £1.50 on three lots. I got absolutely hammered by my Dad for bidding on items when he wasn't there AND putting them on his account. He really made me pay with some hideous tasks to work off my debt. I still haven't learnt and still love auctions, and who doesn't just go one extra bid (the one that might win the lot).....??

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19 Oct 2010 12:53 PM  
I think I'm quite sensible at auctions, though I've recently paid over the odds for a couple of bits on Ebay, albeit they were poorly described and probably didn't attract as much interest as they should have. These items were 'collection only' and when I met the lady seller she explained how she is gradually disposing of an advertising collection put together by her late husband. Whilst the items I bought were fairly run of the mill, I noticed up on the wall a mint condition McDougalls pie pictoral and a Robin Starch Eton Boys, both on my wanted list, so my strategy is to convince her that becasue I pay top dollar, she should do an off-market deal with me next time. I nearly pursuaded her to sell these to me for just into three figures, but she said they hold too many memorie, etc, for now. I didn't want to press her too hard in the circumstances, but I will be monitoring the situation! Dunc
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19 Oct 2010 01:00 PM  
Sorry, meant four figures!
Advertising Antiques LtdUser is Offline
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19 Oct 2010 02:27 PM  
Always a tricky situation that one.

Was the pie a brown or blue background one?

Al.
DuncUser is Offline
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20 Oct 2010 09:35 AM  

Blue background, and completely mint

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