Members Grantus Posted February 11, 2011 Members Share Posted February 11, 2011 About a week ago, an eBay seller started an auction for a DiPinto electric guitar supposedly used by Earl Slick when he toured with David Bowie. The auction included a Bowie road case for the guitar and a certificate of authenticity from Slick. Bidding started at 1 cent, although shipping was over $60. A few days ago, there was only one bid, so I bid $22. Last night, with about 17 hours left to go in the auction, the seller yanked the auction. I was high bid at 6 cents. Link to comment Share on other sites More sharing options...
Members Elias Graves Posted February 11, 2011 Members Share Posted February 11, 2011 Isn't that what reserves are for? EG Link to comment Share on other sites More sharing options...
Members Bob411 Posted February 11, 2011 Members Share Posted February 11, 2011 I never bid on an auction with a reserve. If there is a reserve, it's always more than it's worth. Link to comment Share on other sites More sharing options...
Members Grantus Posted February 11, 2011 Author Members Share Posted February 11, 2011 I would think on a thing like that, a reserve would be in order, or at least start the action at a reasonable asking price. That said, I had reserves, too. I rarely bid on auctions with reserves, and I don't sell stuff using reserves. If I don't want to sell something for less than $50, I start the bidding at $50. Link to comment Share on other sites More sharing options...
Members Oldskool Texas Posted February 11, 2011 Members Share Posted February 11, 2011 at least start the action at a reasonable asking price. ^^This. Reserves are just stupid, IMO. If the seller has a minimum amount he has to hit, that's where the auction should start. Yanking an auction with 17 hours left is unethical, but then, we are talking about eBay... Link to comment Share on other sites More sharing options...
Members BryanMichael Posted February 11, 2011 Members Share Posted February 11, 2011 ^^This. Reserves are just stupid, IMO. If the seller has a minimum amount he has to hit, that's where the auction should start. Yanking an auction with 17 hours left is unethical, but then, we are talking about eBay... It's not really "unethical" since as an Ebay seller you have the right to pull down the item if, for example, you sell it locally. you don't have an agreement to buy until the auction ends...really... Link to comment Share on other sites More sharing options...
Members Bob411 Posted February 11, 2011 Members Share Posted February 11, 2011 ^^This. Reserves are just stupid, IMO. If the seller has a minimum amount he has to hit, that's where the auction should start. Yanking an auction with 17 hours left is unethical, but then, we are talking about eBay... I don't mind so much somebody ending an auction early. I can imagine trying to sell it locally, not wanting to hassle with shipping, Ebay fees, etc, listing on Ebay as a last resort, then after you list it, get a local offer. I will say, ending an auction with 17 hours left is incredibly stupid. Was this his first auction? Has he never watched an auction on Ebay? Not much happens till the last minute. Link to comment Share on other sites More sharing options...
Members Angry Tele Posted February 11, 2011 Members Share Posted February 11, 2011 wait, so you are the master? I dont get how Earl Slick was dissed here. Link to comment Share on other sites More sharing options...
Members kayd_mon Posted February 11, 2011 Members Share Posted February 11, 2011 I never bid on an auction with a reserve. If there is a reserve, it's always more than it's worth. Same here. Link to comment Share on other sites More sharing options...
Members Fireproof777 Posted February 11, 2011 Members Share Posted February 11, 2011 Setting a reserve can scare people away from bidding, but if you're not getting the level you want I could see pulling the auction. Unethical? That's more of a personal thing, but maybe the seller is thinking his guitar is worth more than it is. Just because someone with a level of fame owned the guitar it doesn't mean it's worth anythin. Link to comment Share on other sites More sharing options...
Members Grantus Posted February 12, 2011 Author Members Share Posted February 12, 2011 wait, so you are the master? I dont get how Earl Slick was dissed here. No one wanted to pay for his guitar. Plus, I was mostly joking. I wasn't too disturbed about the dude ending the auction early. I just expected more bids. Link to comment Share on other sites More sharing options...
Members Angry Tele Posted February 12, 2011 Members Share Posted February 12, 2011 heres some classic ESHe has an amp that I really want. Sommatone Slick 18 Link to comment Share on other sites More sharing options...
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