I’ve lost a number of items because I dithered for a moment trying to decide if I really wanted the item in question. I’ve lost a few due to mix-ups, but there are things that you can do to reduce the mix ups.ĭecide what you are willing to bid for an item and either enter that amount as a pre-bid or, if you are bidding live, hit the “bid” button early and often up to the amount of your maximum bid. I’ve won about 125 guns through Proxibid over the years and generally have been happy with the process.
If you want to bid from your back porch, sipping a tall Johnny Walker Red and smoking a cigar, expect that you may occasionally lose an item even though you were the high bidder. If you want near perfection, attend the auction and stand in front of the auctioneer with a Hawaiian shirt and a light on your ball cap. They want to keep a good reputation so they are usually willing to review an item for you. Could happen I suppose but most auctioneers tape or videotape their auctions so you can ask for a review if you suspect an error. I have never seen a jump bid that wasn’t a live bidder trying to scare off others by increasing a bid higher than the $10 incriment.
Proxie bid upgrade#
Could I do better by learning more about computers and upgrade to a more reliable system? Yep! They charge a premium of 15% for the auctions I have participated in and most auction houses charge 10%. I feel I get good value for my investment (zero unless I win a bid)and reasonable accuracy from Proxibid. Sometimes the auctioneer doesn’t see your bid even when you are in the room! I have also missed items because the website didn’t move as fast as I wanted it to.
Some room for timing errors, depending on your internet connection. Live, they had a staff member monitoring the website and telling the auctioneer when they had a bid. I have attended Proxybid auctions from both ends.
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