So this has had me wondering for a few weeks...
I have been following an online hunting/fishing/gun auction and they start the bid at $1 and run it for 5 days. Well, it starts off with say an M&P shield going for $10 and then by the end of the auction they are well over the price I could buy it locally. I would watch some of them and for the 5 days it would be $5-15 bids a day and when the last hour is up they were slightly below MSRP and then they would extend the auction for another 4hrs and the winning bid was over MSRP. They would start another auction claiming to be other firearms but everything that either auctioned below MSRP or above would show up in the second auction. Kind of seems like a scam to me. I bid on a Shield that the highest bid was $110. I bid $115 and it was declined. I then bid all the way to $200 until it was accepted. By the end of the auction it was $350 for a Shield 1.0.
I was watching a set of choke tubes that started at $1. When I realized I could use 4 of the chokes and PIF the other 4 the highest bid being mine on day 4 was $16. By the morning of day 5 someone bid $20. I then bid $22 and it was declined and let me bid $26 which stayed that high until the afternoon of the final day. I watched them until the last hour and someone would bid $1-2. They extended the auction another 2hrs until the final bid was $69. Kind of makes me wonder if the auction site is bidding to get some of these guys to get into a bidding war. IMO if someone wanted them bad enough to spend $69 on tubes for 7 different guns then why not bid high earlier and not the last 5min of the auction. This week I have been watching two shooting bags that went from $1 to $19.50. I bid $22 and it was declined and now its over $30.
I told my girlfriend that it seems like either the auction site is out bidding or declining bids to at least make cost or there is some guy somewhere that's all ticked off that someone out bid him by $1 that he will be damned if that person gets that item even if he does pay over MSRP. I also wonder with the same items being in different auctions if the auction place isn't jacking the bid's up hoping someone is dumb enough to out bid them and when no one does they put that item in another auction to try again.
What gives?
I have been following an online hunting/fishing/gun auction and they start the bid at $1 and run it for 5 days. Well, it starts off with say an M&P shield going for $10 and then by the end of the auction they are well over the price I could buy it locally. I would watch some of them and for the 5 days it would be $5-15 bids a day and when the last hour is up they were slightly below MSRP and then they would extend the auction for another 4hrs and the winning bid was over MSRP. They would start another auction claiming to be other firearms but everything that either auctioned below MSRP or above would show up in the second auction. Kind of seems like a scam to me. I bid on a Shield that the highest bid was $110. I bid $115 and it was declined. I then bid all the way to $200 until it was accepted. By the end of the auction it was $350 for a Shield 1.0.
I was watching a set of choke tubes that started at $1. When I realized I could use 4 of the chokes and PIF the other 4 the highest bid being mine on day 4 was $16. By the morning of day 5 someone bid $20. I then bid $22 and it was declined and let me bid $26 which stayed that high until the afternoon of the final day. I watched them until the last hour and someone would bid $1-2. They extended the auction another 2hrs until the final bid was $69. Kind of makes me wonder if the auction site is bidding to get some of these guys to get into a bidding war. IMO if someone wanted them bad enough to spend $69 on tubes for 7 different guns then why not bid high earlier and not the last 5min of the auction. This week I have been watching two shooting bags that went from $1 to $19.50. I bid $22 and it was declined and now its over $30.
I told my girlfriend that it seems like either the auction site is out bidding or declining bids to at least make cost or there is some guy somewhere that's all ticked off that someone out bid him by $1 that he will be damned if that person gets that item even if he does pay over MSRP. I also wonder with the same items being in different auctions if the auction place isn't jacking the bid's up hoping someone is dumb enough to out bid them and when no one does they put that item in another auction to try again.
What gives?
