posted on February 20, 2001 03:44:13 PM
Be it a fine antique or a fine piece of art, one you might see for lets just say 3000.00 in a gallery or high end antique shop. What are your ebay expectations for this three thousand dollar item? http://members.ebay.com/aboutme/[email protected]/
posted on February 20, 2001 03:52:11 PM
It really depends on the item. I've had items do better than what a specialty auction at Christie's would fetch, and others sell for 50% of prices realized at some of the larger brick & mortar establishments.
"A thing is worth whatever the buyer will pay for it."
--Publilius Syrus: "Sententiae" ca. 50 B.C.
posted on February 20, 2001 04:06:17 PM
Hi reddeer
I've always been keen on the one dollar no reserve auctions so that the buyers can get interested, bid and then research the item. Give them 7 days to research and get excited about the item and it usually always works to my advantage. The winning bidders are usually very happy to win because it is a true auction/game.
I've got this item now tho that I'm thinkin, just put a price on it ya know? I'm getting leery of doing dollar reserve anymore and I'm trying to hit on a price I think it would go for.
On an item with a value like that [glass I presume] I would never start it at $1 with no reserve. In my experience *timing* is *everything* when selling on eBay.
What might fetch $500 one week, can do double that 2-3 weeks down the road.
I guess it depends on how much you paid for it, and how fast you want the cash?
posted on February 20, 2001 04:11:08 PM
I forgot my question to you reddeer. Did the items that did better than at an auction house start low with no reserve?
http://members.ebay.com/aboutme/[email protected]/
Ah you answered already Thank you. I hate reserves, I think I'll just list it at what I want this time. 3k was out of the air figure, its less, just wanted to get input on what percentage one starts at versus gallery prices.
[ edited by kitsch1 on Feb 20, 2001 04:15 PM ]
I find that most buyers of high $ items expect to see a reserve. I've sold items in the $2,000-3,000 price range, and they always started low, with a reserve.
