An Ebay tactic.

[offshore]

Over the weekend, I was following a couple of listings, which I had saved.

One in particular, for a large lot of "broken" watches, had listed @$30, and not attracted any bids, with only a couple of days to go.

Now there was some stuff I needed in there, and I'm sure a few of the collectors who bid regularly, were watching it, to snipe it at the end.

I had settled on a snipe of $120 for the lot, and on Saturday afternoon, decided to send the seller a PM.

" As you have not yet had any bids, you can still make this auction a BIN (Buy it now)

If you are interested, I will pay twice your opening offer, ($60), a a BIN.

I can collect for cash tomorrow. ( The seller was local)"

About 20 minutes later I received a PM, "Have just made it a BIN"

(Please note, -Only auctions with NO bids can alter their status)

So I jumped on, and bought it.... arranged collection, and picked up on Sunday afternoon.

The auction would have finished about now....... I bet there are a few collectors wondering where the auction went, and I am sitting here marvelling at my luck.

In the lot, (which I hadn't even spotted, or identified, was a solid gold IWC, F300hz watch.

Whatsemore, a new battery had it humming away, just like new.

It needs a new crown, (will try to find a "signed" replacement) and a new bracelet, (Don't like my chances of finding a gold IWC to match), so I will probably put on a leather strap, with the IWC gold buckle, I already have!

My guess is that this watch would bring at least $500 , and maybe $1k, but it is not for sale!

Actually will take a pride of place in the collection, and get some wrist time on special occasions.

So if you are watching an auction, and it hasn't yet attracted bids, consider making an offer, to try to bring the auction to an early close, and cut out the snipers!

Works for me, and I have now managed this on 2 or 3 auctions. ( Interestingly, in each case the seller has been local- maybe they like the thought of cash in hand!)

FYI.

Offshore

[Rolexman]

You sneaky bastard, you! Good job on the IWC

[Samurai]

Great going...and a fantastic tip.

But a solid gold watch for only $500 - $1000? Should'nt you get more just on the cost/weight of the gold itself?

Cheers

[bosk]

Great going...and a fantastic tip.

But a solid gold watch for only $500 - $1000? Should'nt you get more just on the cost/weight of the gold itself?

Cheers

Good tactic...gotta try it soon.

Please post some pics of the watch

[KB]

Bugger that's where it went

And I had my snipe set for $125

Good work buddy and the IWC sounds a keeper for sure.

Ken

[iceberg1459]

Pics!!

[hyster]

Well done mate, good to hear it going to someone who will acually appreciate it and not just flip it for profit.

[FxrAndy]

Yep we want to see that watch!!!!!!

[Chino]

man, you know you just can't come braggin' with such a finding without attaching some pics, that's being naughty... pure evil, now you've got lots of people in awe... so please us with those shots! oh, and the violence in my post is purely envy... sane, but envy at last...

...and congratulations! looks like Xmas came a bit early this year!

[coolfire]

Well done offshore!

Great advice!

[Nanuq]

Drat, I was going to go as high as $31 but NOT A PENNY MORE! *hands on hips*

[Toadtorrent]

Drat, I was going to go as high as $31 but NOT A PENNY MORE! *hands on hips*

I was right there with $31.28...

Great score for you. I would love to see pics of that IWC as well!! How old was it??

[P4GTR]

Nice work on that one. Thanks for the tips..

I feel a little empty having not seen pics of such a piece though.

[pollux1]

That's a bloody good idea, i'll be sure to try it myself!

[dluddy]

I've used this tactic successfully as well

[freddy333]

Works for me.