Andrew,
I really don't agree with your position. If you want something badly, I
guess your way works, but it means you'll buy it at the higher price you set
early in the bidding.
Sniping is good for value shopping. I set a price that is lower than
anticipated and snipe that. If I win, great. If not, oh well.
The difference is that an early bid at that price almost guarantees your
highest bid price, as other people will bid to test your high bid -- pushing
you up. Sniping means nobody is 'pushing' against your price, so you often
get it much lower.
I didn't explain this well, but it has gotten me many bargains.
Tom
From: "Andrew Fildes" <afildes@xxxxxxxxxxxxxx>
> This is just another way of spending too much! There is only one way to
bid
> - decide what it is worth to you, your fair price based on your wallet and
> what they have brought before. Set that as your maximum bid and LEAVE WELL
> ALONE. Then, you may find that you get a nice surprise some days later -
if
> not, there will be another one along soon. Otherwise, you may get into a
> bidding war and regret the results. This may take a while but eventually
> you will get lucky. And, with an OM1, they are not so rare that you won't
> find one with a guarantee from a dealer in any fair sized city. I got a
> nice, clean, black OM1 with a late 50/1.8 from a shop for US$80 equivalent
> the other day.
> This advice, of course, does not apply to big white Zuikos and motor drive
> caps.
> Andrew
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