EH / Collector Connector sales

Discuss our on-site auctions and other slot machine auctions.
highfield
Posts: 146
Joined: Mon Apr 08, 2013 9:23 pm

Re: EH / Collector Connector sales

Post by highfield »

Waste of money
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clubconsoles
Posts: 335
Joined: Sun Jan 13, 2008 9:36 pm
Location: Lowestoft, Suffolk

Re: EH / Collector Connector sales

Post by clubconsoles »

highfield wrote: Tue Jul 06, 2021 2:40 pm Waste of money
well if i don't make the winning offer, yes., it is!
Site is set up for people who buy and sell on regular basis.
its not good value for money if you only want to buy or sell a couple of machines a year!
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moonriver
Posts: 723
Joined: Wed Oct 16, 2013 12:56 am

Re: EH / Collector Connector sales

Post by moonriver »

well you can always save your 33p a day instead and spend it on a newspaper, oh wait a minute no you can't, a newspaper is twice the price
slotsoffun
Posts: 196
Joined: Mon Oct 07, 2013 6:36 pm

Re: EH / Collector Connector sales

Post by slotsoffun »

Two things bother me about this new system. Not advertising the minimum bid to be in with a shout of winning. for example, 9 people are interested in a machine which the seller has put a £1000 reserve. all 9 blind bidders pitch bids ranging from £500 to £700. When the sale ends, not a single interested bidder gets anything, but have all blown £10 each. If the machine appears the following month do they invest another tenner and up their bid by a hundred or 2, another months waiting... and STILL no one tops the reserve!!!! Surely, it'll be better to list beside the photo of the machine a tag such as.. Offers over £900 or so!!!
Secondly, how transparent will it be that your bid was close to the under bidder? From what I can gather, Steve says that if you bid 800 and the under bidder 400, the seller had a reserve of 300, do you get the machine for 401, or do you still have to pay your maximum offer of 800 even though the closest under bidder was 400 below you? How transparent will Steve be, by law he doesn't have to prove anything, but just sell the machine for the full 800 and just tell people that there were a couple of under bidders who were close to your 800... Who's to know? It was a blind bid! Thats why I don't favour the "cloak & dagger" idea of blind bids.
Don't get me wrong, I think what Steve has built is a fantastic piece of development work (being a programmer myself I understand the amount of work he's put in), just not sure the concept will work.. sadly!
frayle
Posts: 14
Joined: Tue Oct 10, 2017 3:09 pm

Re: EH / Collector Connector sales

Post by frayle »

I can't see what the issues are with this new 'system' of buying. You see a machine you like; you go and see it, or take a chance on its condition being as you expected.
You then decide what it's worth to YOU, and you leave the appropriate bid. You then either get it or you don't. The fact that the seller might have accepted x hundred pounds less, or that the nearest other bid to yours was also way less is just irrelevant.
You have just bought a machine you wanted at a price you were happy to pay. So be content with that and don't concern yourself about what might have been if you'd paid less, or someone else had offered less, or if the seller might have let it go for less!

Really the end result is not much different to leaving a 'commission' bid at a 'normal' auction house. You might leave a bid of say £500 for an object, and very often the auctioneer might open the bidding at your offer, even though it may well be the only bid in the room. I know they are supposed to start at a lower level so that in theory you could pay less if there was no competition but that never seems to happen to me.
If I win an item bidding that way I always seem to pay the amount I left on it!
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moonriver
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Joined: Wed Oct 16, 2013 12:56 am

Re: EH / Collector Connector sales

Post by moonriver »

It's a sealed bid system, place your bid, if you're the highest ( over reserve) you win. If you start worrying about who was the underbidder and how much did they bid, and 'have I paid way more than I could have?' then don't bid. I don't think Steve did himself any favours by volunteering how far away the underbidders were the first time round, as he has no obligation to do so.
Most on here know the average price of the machine they're interested in bidding on. If you really want a particular machine, make a realistic bid in the first place, (because I doubt Steve would allow an unrealistic reserve to be placed ) or if you really really want something put your 'can't be beaten' bid on.
Anyone putting up low bids hoping they might sneak a bargain often won't work since many seem to be doing exactly the same thing, and if you really want to chance that then the cost of doing so is £10

*Oops I was beaten to reply
brianh
Posts: 174
Joined: Sat Sep 24, 2016 3:51 pm
Location: Portishead (UK)

Re: EH / Collector Connector sales

Post by brianh »

Just to add to this topic I did make quite a few "absentee" bids when the Elephant House was operating and always bid the highest I was prepared to pay. In all but one of those bids, if I won the item it was at a lower amount than my ceiling so that, to me, was a fair battle just as if I had been in the room. As Steve operated that system successfully at the EH, then I would think the same could be done with his new site. I think this would encourage a lot more bidders, so earn him a lot more £10 fees.
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watlingman
Posts: 62
Joined: Sun Jul 15, 2018 5:44 pm

Re: EH / Collector Connector sales

Post by watlingman »

TOOOOOOOOO many people worrying about paying to much you either leave your best bid and walk away, its £10 to try how about the cost of driving to the elephant house then being forced really to buy something just to say it was worth while going and not coming back with what you went for in the first place! !!VIOLIN!!
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brigham
Posts: 894
Joined: Tue Oct 31, 2017 3:37 pm

Re: EH / Collector Connector sales

Post by brigham »

If you aren't concerned about 'paying more than you could have', then you might do better dealing with a retailer, rather than visiting an auction.
I'm only familiar with used car auctions, and the notion of leaving a sealed 'offer' (not a 'bid') is totally alien to me.
In fact, I'm not sure it actually constitutes an auction at all!
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clubconsoles
Posts: 335
Joined: Sun Jan 13, 2008 9:36 pm
Location: Lowestoft, Suffolk

Re: EH / Collector Connector sales

Post by clubconsoles »

moonriver wrote: Tue Jul 06, 2021 5:16 pm well you can always save your 33p a day instead and spend it on a newspaper, oh wait a minute no you can't, a newspaper is twice the price
Good point.
I guess i am coming across as a bit tight?
I dont mind a tenner at all if i buy it lol.
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