Re: [ARSCLIST] I put this up on eBay tonight.

[Andrew Hamilton <ahamilton@xxxxxxxx>]

If it's really worth about twice as much, or more, than 100 USD, you are 
good to go.  However, 100 USD for one such disc(, which isn't of a well 
known talent?), smacks to me as a bit high, or at least not far from what 
one could hope to fetch in this era, where even 33.333... rpm microgroove is 
considered by most of the bidding world to be charmingly antiquated and, at 
best, retro (a la Steam Punk).   But a 1942 78 rpm acetate?  Maybe Alan 
Lomax should inherit it?  Or,.if you don't mind, do us all a favor and keep 
keeping it - for the Akashic records (of (wo-) mankind).

Furthermore, my studio landlord has what I consider to be a sage viewpoint 
on eBay.  His strong opinion is that having a high "starting bid" negates 
the unique feature that auctions posses.  Bidding wars can play a remarkable 
role in both determining the actual (fair to both parties) market value of 
an item as well as ensuring that the winning bid will be as close to that 
pecuniary sweet spot as one could hope for.   He maintains that if one uses 
a steep entry price, there will less likely be any significant amount of 
bidding prior to the closeout time of the auction, which keeps the ultimate 
winning bid amount lower than if a "feeding frenzy" of visible, early 
outbidding can occuir.

Always have the opening bid be 0.01 dollars.  Always use a reserve price 
that is as low as you can "live with."  If you use the Buy It Now option, 
make sure you won't be disappointed by the amount you get should someone 
decide to purchase the item that way.

As long as you follow those rules, just sit back and enjoy the show.


_andrew

.


----- Original Message ----- 
From: "Roger and Allison Kulp" <thorenstd124@xxxxxxxxx>
To: <ARSCLIST@xxxxxxxxxxxxxxxx>
Sent: Monday, March 10, 2008 2:56 AM
Subject: [ARSCLIST] I put this up on eBay tonight.


> http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=360031789317&ssPageName=STRK:MESE:IT&ih=023
>
> Can anybody tell me anything about it ? Should I go back and lower the 
> price ?
>
>                                       Roger
>
>
> ---------------------------------
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