Auction question
- Thread starter Jessie
- Start date
Usually the "Buy Now" option is disengaged at a predetermined price; e.g.: a 3913LS has a "Buy Now" price of $625.00. When the auction action surpasses $575.00, the "Buy Now" price option is withdrawn.
When buying at auction in a real auction environment (which rarely is encountered online, with sites like GunBroker.com admitting as much in print on the site), one doesn't have a "Buy Now" option, of course.
My personal belief is that if a "Buy Now" price is reflective of a good value (and it usually isn't) I click and pay. I've done it a few times.
I've also seen hotly contested items "at auction" grossly exceed the former, disengaged "Buy Now" price but such more often than not is attributable to two or more testosterone-filled buyers who more than anything else wish to prove a supremacy of idiocy.
Guys have been doing such long before even spoken language, much less monetary exchanges, broke onto the scene a few thousand years ago.
When buying at auction in a real auction environment (which rarely is encountered online, with sites like GunBroker.com admitting as much in print on the site), one doesn't have a "Buy Now" option, of course.
My personal belief is that if a "Buy Now" price is reflective of a good value (and it usually isn't) I click and pay. I've done it a few times.
I've also seen hotly contested items "at auction" grossly exceed the former, disengaged "Buy Now" price but such more often than not is attributable to two or more testosterone-filled buyers who more than anything else wish to prove a supremacy of idiocy.
Guys have been doing such long before even spoken language, much less monetary exchanges, broke onto the scene a few thousand years ago.
bhayles
Member
Stupidity.
OP
Jessie
US Veteran
Thanks DCW, that would explain it. I never noticed that the buy now is "gone now" after a certain price.
I was looking at a 25-5 in .45 colt with a buy now of $500 and noticed its now at $510.
It had issues, none very serious, but would have made a nice woods gun without worrying about roughing it up. That's a problem I find too often. I'll get a nice Smith and then am hesitant about throwing it in a holster and using the heck out of it. I'm going to quit doing that. I want guns I'm not afraid to use.
I was looking at a 25-5 in .45 colt with a buy now of $500 and noticed its now at $510.
It had issues, none very serious, but would have made a nice woods gun without worrying about roughing it up. That's a problem I find too often. I'll get a nice Smith and then am hesitant about throwing it in a holster and using the heck out of it. I'm going to quit doing that. I want guns I'm not afraid to use.
LoboGunLeather
US Veteran
When offering an item in on-line auctions (eBay, GunBroker, etc) I try to set the minimum bid at the least amount I am willing to accept. On collectibles and other very desirable items I will set a "Buy Now" price close to the maximum realistic value of the item, allowing those who really want one to act on it and secure the deal. This approach has worked for me consistently as long as I have been dealing on-line.
Every item has a range of value depending on condition, rarity, and other factors. There is usually someone looking for just about every item. Auctions, in general, allow potential purchasers to establish the value of any item up for sale. The key for sellers is to allow a way for the genuinely motivated buyer to get what he wants or needs, hence the "Buy Now" price offer.
As a seller I have experienced several incidents of bidding exceeding the "Buy Now" price offered, occasionally by a wide margin. As a buyer I have been tempted by "Buy Now" prices, but waited to try and snipe a deal toward the last few minutes, only to see others bid the item up beyond what I was willing to pay.
Every item has a range of value depending on condition, rarity, and other factors. There is usually someone looking for just about every item. Auctions, in general, allow potential purchasers to establish the value of any item up for sale. The key for sellers is to allow a way for the genuinely motivated buyer to get what he wants or needs, hence the "Buy Now" price offer.
As a seller I have experienced several incidents of bidding exceeding the "Buy Now" price offered, occasionally by a wide margin. As a buyer I have been tempted by "Buy Now" prices, but waited to try and snipe a deal toward the last few minutes, only to see others bid the item up beyond what I was willing to pay.
According to GB's FAQ's, the Buy It Now goes away only if the auction also has a Reserve set and the reserve is met. Otherwise it stays active until someone meets it.
LVSteve
Member
OP
Jessie
US Veteran
That all makes sense. The reserve was very low, being met at $310. I did the same as you, set my max and if I got it, great. If not I'll bite my fingernails and pass. It was HARD to do.
I am going to hijack my own thread and ask where the barrel is measured from? I always used from where it starts inside the frame to the muzzle. This one claimed a 3" measuring from outside the frame, not including the forcing cone. Looked to be 4" to me, but maybe I'm wrong.
Which is correct?
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The barrel length starts from the face of the cylinder and goes
out to the muzzle of the barrel; or, if you open the cylinder it
goes from the back of the forcing cone out to the muzzle.
out to the muzzle of the barrel; or, if you open the cylinder it
goes from the back of the forcing cone out to the muzzle.
LoboGunLeather
US Veteran
Single-shot pistols and semi-autos are measured from the breech to the muzzle. Revolver barrels are measured from the cylinder face to the muzzle.
In a revolver the chamber is separate from the barrel. In a single-shot or semi-auto the chamber is part of the barrel.
Lots of confusion arises from this.
In a revolver the chamber is separate from the barrel. In a single-shot or semi-auto the chamber is part of the barrel.
Lots of confusion arises from this.
fat tom
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Jessie,if you click on the little blue question mark next to the "Buy Now! Price was $500" you will get the official GB explanation. 
f.t.
f.t.
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OP
Jessie
US Veteran
Jessie,if you click on the little blue question mark next to the "Buy Now! Price was $500" you will get the official GB explanation.
f.t.
Thanks Tom, I never clicked that, thinking I already knew what "buy now" meant. That sure explained it alright!
Sometimes I feels a little thtoopid!
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