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Last post 9 years ago by KingoftheCove. 28 replies replies.
New guy overbidding question
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Lezanstar Offline
#1 Posted: Mon, Dec 1 2014, 11:34 AM EST
Joined: 10-13-2014
Posts: 2
Been on here for a little bit but just recently registered. I have read several posts to get the lay of the land and I have a question about over bidding. Would you consider overbidding to be paying more than the retail price (aka CI price)? Or would it be paying more than the average sales price on this site? For example...
"Box-A" normal price in CI is $70. On here over the last few weeks it has sold for $31-$43. Is paying above the higher end of the spectrum over bidding? Does this affect the prices of upcoming auctions? The quick buy price is $45.
May be putting too much thought into this but I'll ask anyway since I would consider even the QB price a bargain. Not paying $7-$9 for singles of VS so maybe I'm over analyzing....
ZRX1200 Offline
#2 Posted: Mon, Dec 1 2014, 11:39 AM EST
Joined: 07-08-2007
Posts: 60,599
More than retail.
gary96 Offline
#3 Posted: Mon, Dec 1 2014, 11:45 AM EST
Joined: 09-09-2014
Posts: 185
I would venture to say if you go over the Mother Ship price, you are definately over-bidding. You will see it every now and then. There is another thread that has some wild examples. I think if you are going over the quick-bid price you are over-bidding. I try and track an item for a few days to see the ball park price. I then stay in that price range. No need to get in a hurry and pay over that price since all you have to do is wait a day or so and the item will pop up again. Expect a few comments about paying too much and getting a platinum card to avoid paying for over-bids! Don't call Trish right away...she'll just get upset. Wait a few days and you'll figure it out.
danmdevries Offline
#4 Posted: Mon, Dec 1 2014, 11:47 AM EST
Joined: 02-11-2014
Posts: 17,365
ZRX1200 wrote:
More than retail.


This.

Be mindful of the description. A picture of a box of cigars and it's closing in an hour but the bid is only at $7? Read the description, it's a single.

Watch auctions to see how much they're going for before you get too excited on something selling less than retail. For example, I was bidding on a box several months ago for 125, retail was 200 (making numbers up,don't remember details) 125 was my max bid but I wanted the box and it's still 75 under retail. Well, I let it go for a bit more and then a few days later the mothership had it on sale for 125. So, I paid sale retail and got it less than the auction I lost.

Bottom line is know what you're willing to pay and keep that a hard limit, don't get caught up in bidding and read the descriptions. Look around at retail shops to see sale prices as well.
99cobra2881 Offline
#5 Posted: Mon, Dec 1 2014, 11:56 AM EST
Joined: 11-19-2013
Posts: 2,472
Lezanstar wrote:
Been on here for a little bit but just recently registered. I have read several posts to get the lay of the land and I have a question about over bidding. Would you consider overbidding to be paying more than the retail price (aka CI price)? Or would it be paying more than the average sales price on this site? For example...
"Box-A" normal price in CI is $70. On here over the last few weeks it has sold for $31-$43. Is paying above the higher end of the spectrum over bidding? Does this affect the prices of upcoming auctions? The quick buy price is $45.
May be putting too much thought into this but I'll ask anyway since I would consider even the QB price a bargain. Not paying $7-$9 for singles of VS so maybe I'm over analyzing....


Id pretty much answer yes to all your questions.

Only thing you can't do is over analyze the numbers. Underanalyzing of prices gets us into the whole topic of overbidding. If people paid attention then overbid threads would be very few and far between.
Abrignac Online
#6 Posted: Mon, Dec 1 2014, 12:20 PM EST
Joined: 02-24-2012
Posts: 17,273
Overbidding = Bidding more than the lowest current for sale price.
delta1 Offline
#7 Posted: Mon, Dec 1 2014, 2:03 PM EST
Joined: 11-23-2011
Posts: 28,784
Depends. Is it available at that moment at CI? If not and you want that item immediately, and you're willing to pay more...
dstieger Offline
#8 Posted: Mon, Dec 1 2014, 2:42 PM EST
Joined: 06-22-2007
Posts: 10,889
Pay what you want. IMO, it'd be a waste of energy to GAF what we think.
KingoftheCove Offline
#9 Posted: Mon, Dec 1 2014, 3:01 PM EST
Joined: 10-08-2011
Posts: 7,632
There's a simple formula:
Take whatever DPNewell paid, and double that........that is your max bid.
Anything over that is an over bid.

google is your friend.....
sloppymcnubble is your best friend......
Bur Offline
#10 Posted: Mon, Dec 1 2014, 3:01 PM EST
Joined: 07-31-2012
Posts: 5,638
Until you drunk underbid and end up with a garage full of crap you paid more on shipping than bids you're overbidding. Need any cheap pipe baccy or coffee mugs? bwahahahaha
Lezanstar Offline
#11 Posted: Mon, Dec 1 2014, 3:26 PM EST
Joined: 10-13-2014
Posts: 2
Bur wrote:
Until you drunk underbid and end up with a garage full of crap you paid more on shipping than bids you're overbidding. Need any cheap pipe baccy or coffee mugs? bwahahahaha

May have done some of this last night... A twelve pack seems to make everything look like a great deal.

Great suggestions BTW from the other posters. This is along the lines of what I was thinking. Just wanted to see what the consensus was.
TIGERCDW Offline
#12 Posted: Mon, Dec 1 2014, 3:33 PM EST
Joined: 09-17-2009
Posts: 7,897
Bur wrote:
Until you drunk underbid and end up with a garage full of crap you paid more on shipping than bids you're overbidding. Need any cheap pipe baccy or coffee mugs? bwahahahaha



Where's my mug bitch?

TIGER
madspackler Offline
#13 Posted: Mon, Dec 1 2014, 5:05 PM EST
Joined: 03-07-2000
Posts: 3,608
As we approach the Holidays you will see prices creep higher and a number of overbids. This can be attributed to less seasoned people visiting the site for gift purchases and some who just DGAF and want the goods regardless of price.

Some of the best values and bid sniping take place after people get their January credit card invoices. Lots of good value to be had for small amount of coin.
Abrignac Online
#14 Posted: Mon, Dec 1 2014, 5:20 PM EST
Joined: 02-24-2012
Posts: 17,273
madspackler wrote:
As we approach the Holidays you will see prices creep higher and a number of overbids. This can be attributed to less seasoned people visiting the site for gift purchases and some who just DGAF and want the goods regardless of price.

Some of the best values and bid sniping take place after people get their January credit card invoices. Lots of good value to be had for small amount of coin.


No need to wait until January......
DrMaddVibe Offline
#15 Posted: Mon, Dec 1 2014, 5:31 PM EST
Joined: 10-21-2000
Posts: 55,423
Losing a bid is a sign of weakness.

Are you a girly man?

ram27bat
mikey1597 Offline
#16 Posted: Mon, Dec 1 2014, 7:33 PM EST
Joined: 05-18-2007
Posts: 14,162
ya
stogiemonger Offline
#17 Posted: Tue, Dec 2 2014, 6:03 AM EST
Joined: 06-25-2009
Posts: 4,185
Another overbid thread? Really? Sheesh!
Bur Offline
#18 Posted: Tue, Dec 2 2014, 9:30 AM EST
Joined: 07-31-2012
Posts: 5,638
stogiemonger wrote:
Another overbid thread? Really? Sheesh!


Guess it's official now

Beer
jespear Offline
#19 Posted: Tue, Dec 2 2014, 10:29 AM EST
Joined: 03-19-2004
Posts: 9,464
Bur wrote:
Until you drunk underbid and end up with a garage full of crap you paid more on shipping than bids you're overbidding. Need any cheap pipe baccy or coffee mugs? bwahahahaha


I thought we discussed that MONTHS ago, Johnny ! d'oh!
Bur Offline
#20 Posted: Tue, Dec 2 2014, 12:31 PM EST
Joined: 07-31-2012
Posts: 5,638
Thanks for the reminder, dug out a second set while doing a redundant inventory of some kit for work. The Intercontinental Express may be making a detour on it's way to PA.

ram27bat
ah42266 Offline
#21 Posted: Wed, Dec 3 2014, 12:35 PM EST
Joined: 06-18-2013
Posts: 173
Do not place a bid like this FREAK!

http://www.cigarbid.com/...Super-Sampler-18-Cigars/

Shame on you
stogiemonger Offline
#22 Posted: Wed, Dec 3 2014, 8:07 PM EST
Joined: 06-25-2009
Posts: 4,185
^Wow! Maybe he didn't notice the addy, before the criticism? Eh?
Bur Offline
#23 Posted: Wed, Dec 3 2014, 8:17 PM EST
Joined: 07-31-2012
Posts: 5,638
If the bidder is on here, give up the downrange addy! We'll ensure you and your buddies in harm's way for us get some cigars.
spectresquad Offline
#24 Posted: Wed, Dec 3 2014, 10:12 PM EST
Joined: 11-23-2005
Posts: 1,061
I got my mug.. Neener neener...and some great pipe baccy...

Bomb BUR, his garage is looking too spaceous.

ram27bat
Bur Offline
#25 Posted: Thu, Dec 4 2014, 1:45 AM EST
Joined: 07-31-2012
Posts: 5,638
Shoosh it, Spectre or I pack another mug set for ya.
ah42266 Offline
#26 Posted: Sat, Dec 6 2014, 10:30 AM EST
Joined: 06-18-2013
Posts: 173
99cobra2881 Offline
#27 Posted: Sat, Dec 6 2014, 10:58 AM EST
Joined: 11-19-2013
Posts: 2,472
Mmm some 'splosions gonna be happening on the beach.

Msrp of $444 more like $4.44

Oh well I've bought Gurkhas too. Live and learn. If everyone liked the good stuff then none of us would ever win a bid here.
KingoftheCove Offline
#28 Posted: Sat, Dec 6 2014, 11:13 AM EST
Joined: 10-08-2011
Posts: 7,632
ah42266 wrote:
here is a REAL SICK FREAK!!!!

http://www.cigarbid.com/...er-Sampler-II-16-Cigars/

horse Brick wall Boo hoo!

-every week cbid gets new customers
-only a small fraction of these ever come here, and thus don't learn important things
-the new customer has seen Gurkhas at his local for $10-20/ea, or has "heard" about Gurkhas from friends of the Sultan of Brunei
-he stumbles into cbid, and pizzes himself when he sees the same cigars for a couple bucks each
-he clicks and clicks and clicks......
-it's been happening for years, and will continue to happen.......
-it's not surprising



Why does this seem to surprise you constantly ah42266?
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