Cherry picking United States coins on eBay is an easy way to get some very high priced numismatic rarities for small change. There are a few great tricks to finding these deals and then shopping victoriously as the saying goes.
First of all where we look on eBay has a lot to do with how many bids an item might receive. Finding listings that are improperly categorized is one way to do this. Let's use United States Large Cents for an example.
Try searching the term as is "United States Large Cents" and many thousands of results will come up. Everyone looking for these coins has just done the same thing. This exposes the item to the masses and acquiring this coin for anything less then top price will be impossible.
If, however, we search in areas that are a little more obscure, many times we'll find that there are items listed under different categories that receive little traffic. These are the areas where a deal can be had.
Try searching copper cents, then coins made from copper, antiques, collectibles, history, areas that most wouldn't think of looking, but one or two may think of listing. You will most likely find several results throughout these listings, that have minimal views and very few bids.
eBay gives you a watch list to keep an eye on all of the items that you may have an interest in bidding on. Use this list to place all of your secret finds in a row. List them in auction ending soonest position, then you can get in right at the end and steal the deal.
Bidding on items before they are close to the end is not a good idea. No bid is required to watch the item and placing one will only drive up the price during the auction. Yes some people will wait until the end but a lot of folks have that competitive and costly habit of wanting to see that they are the high bidder throughout the auction. This can result in a bidding war and nobody wins except the seller.
Getting the best price on any eBay purchase will be done by waiting. Watching closely to see how many other people may be lurking to bid in the end. This is where we can employ another tactic to make sure our procrastinating ways don't dupe us out of the product.
I like to open two windows of the same auction, about five minutes before the ending time. I place a bid for slightly above the item's current price, allowing a little more according to how many views. I do this because number of views equals amount of competition. Then, in the second window, I place a bid for the top dollar amount I am willing to pay for that item.
Forty seconds from the end of the auction, I will hit the last click that places my slightly higher bid. Twenty seconds after that I will click the bid that represents my top price that I'll pay. The auction comes to an end and I always get the item for the best price I can.
The reason this works is because the other guy also has a higher bid ready. His, however, comes in a little higher then your second to last bid and then he runs out of time to make a higher bid. You win, timing can be way more important then actual top bid, as eBay will bid up to what it takes to win on your behalf without paying more then it takes, no matter how high your final bid was.
I have stolen many an auction in the last ten seconds of an item's shelf life and it is fun. Making a game out of buying on eBay has elevated me to an auction shopping guru. You too can be winning everything you bid on. Just be sure to look far and wide in the deepest recess of the eBay filing cabinet and you just might find a hidden treasure.
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