offshore Posted November 24, 2008 Report Share Posted November 24, 2008 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 Quote Link to comment Share on other sites More sharing options...
Rolexman Posted November 24, 2008 Report Share Posted November 24, 2008 You sneaky bastard, you! Good job on the IWC Quote Link to comment Share on other sites More sharing options...
Samurai Posted November 24, 2008 Report Share Posted November 24, 2008 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 Quote Link to comment Share on other sites More sharing options...
bosk Posted November 24, 2008 Report Share Posted November 24, 2008 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 Quote Link to comment Share on other sites More sharing options...
KB Posted November 24, 2008 Report Share Posted November 24, 2008 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 Quote Link to comment Share on other sites More sharing options...
iceberg1459 Posted November 24, 2008 Report Share Posted November 24, 2008 Pics!! Quote Link to comment Share on other sites More sharing options...
hyster Posted November 24, 2008 Report Share Posted November 24, 2008 Well done mate, good to hear it going to someone who will acually appreciate it and not just flip it for profit. Quote Link to comment Share on other sites More sharing options...
FxrAndy Posted November 24, 2008 Report Share Posted November 24, 2008 Yep we want to see that watch!!!!!! Quote Link to comment Share on other sites More sharing options...
Chino Posted November 24, 2008 Report Share Posted November 24, 2008 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! Quote Link to comment Share on other sites More sharing options...
coolfire Posted November 24, 2008 Report Share Posted November 24, 2008 Well done offshore! Great advice! Quote Link to comment Share on other sites More sharing options...
Nanuq Posted November 24, 2008 Report Share Posted November 24, 2008 Drat, I was going to go as high as $31 but NOT A PENNY MORE! *hands on hips* Quote Link to comment Share on other sites More sharing options...
Toadtorrent Posted November 24, 2008 Report Share Posted November 24, 2008 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?? Quote Link to comment Share on other sites More sharing options...
P4GTR Posted November 24, 2008 Report Share Posted November 24, 2008 Nice work on that one. Thanks for the tips.. I feel a little empty having not seen pics of such a piece though. Quote Link to comment Share on other sites More sharing options...
pollux1 Posted November 24, 2008 Report Share Posted November 24, 2008 That's a bloody good idea, i'll be sure to try it myself! Quote Link to comment Share on other sites More sharing options...
dluddy Posted November 24, 2008 Report Share Posted November 24, 2008 I've used this tactic successfully as well Quote Link to comment Share on other sites More sharing options...
freddy333 Posted November 24, 2008 Report Share Posted November 24, 2008 Works for me. Quote Link to comment Share on other sites More sharing options...
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