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Posted 8 months ago
Greatsnowy…
(119 items)
This was also at the auction. Listed as swirly bowl. I started bidding at a higher number than the usual ten dollars the crowd lets it get down to before raising their card hoping to avoid teh buying frenzy that usually starts from a bunch of people who aren't really interested in it going, "oh gosh i'd buy that for ten".. Considering the description on this I am really not sure if i shot myself in the foot or paid 10 or 30 less then I would have if I let the bid get lower.
Loetz Art GlassLoetz was the premier Bohemian art glass manufacturer during the Art Nouvea…
Bohemian Art GlassBohemian art glass was made in and around the present-day Czech Republic du…
What a beaut, well bought, clever you!
Beautiful!...:-)
thanks all, dunno if it was well bought or not.. maybe. Sometimes you can out think yourself at auction. :) I certainly didn't do badly.. but I might have done better. it's too bad you can't replay auctions so you can see what would have happened if you'd played it a little differently. I find the psychology of it very interesting.
for anyone reading this.. what are your auction strategies? do you let it get really low and then bid as normal, do you jump the bid like I did, do you wait til the last minute? do you hang out at the front of the auction or the very back? I don't have a reputation yet at this auction except with the staff and one or two people... you have to play it differently when they know what you're about..
I have been "jumped" at auction several times; where I set my limit before hand and the FIRST BID is(was) over my head. I also see how adding the on-line bidders has really complicated bidding strategy; because now you can't even see the faces, or even estimate how many others are interested in the same item. I almost always sit about in the middle (not front or back) bid as late as my money will allow, and try to blend in until I strike. This sounds like ebay strategy too, but they are very different as you know (even with the similarities). Bidding on-line-live is even harder.
This is probably not news but I have found if there are several things that are of interest to me. It is sometimes wise to bid very generously on the first couple of things and win and then the others come at an affordable price because people have already decided that you are a mad woman who will just keep bidding. The old ''money more than sense'' ruse. :O) That doesn't translate to online auctions for me but it has worked well at those I can attend. My area of interest is so narrow, lighting, that when I have had to go a fair way I can't really afford to come home empty handed and often there are only a few things that will be good for me.
I love swirly glass. Re: live auctions, I let it go as low as possible without having the auctioneer say, "Pass"!
I kind of think I probably shot myself in the foot by jumping the bid on this one. I think I was the only one there who had any idea it was Loetz. I was the ONLY person who bid on it. LOL. ah well given the flavor of the auction up til that point it seemed like a good idea.