Tuesday, 25 November 2008

A bidding update

An update:

I didn't buy a postcard (and no circumstantial evidence exists that I missed out on Damien Hirst's secret entry.)

I did buy the bookcase (I am going to paint over it.)

I did win the chair. I got into a bit of a bidding frenzy, and it cost £89.01. I took the wise counsel of a friend who thought it was worth £200, and when I was looking at the Conran Shop website yesterday, I noticed that a lot of the chairs were mighty expensive. So, that's what I was using as a benchmark. The Eames ES104 Lobby Chair above costs £3,890. So £89.01 for a chair is just spare change, right? Considering I saved myself £40 on a postcard, that's really only £49.01.

Late last night, I became obsessed with the idea that someone had artificially inflated the price and that the seller had prompted someone to bid against me. I mean, who lists a nice chair at 99p with no reserve? And does anyone really bid for those pick-up only items? Shortly after I placed my first bid, five days ago, some anonymous bidder came out of the woodwork and pushed up the price. Don't more experienced bidders know you have to wait until the final seconds to swoop in?

As it turns out, eBay has useful bidder statistics, which shows bidding history, including how many unique sellers the bidder has bid against. There wasn't a single culprit, in fact 5 people were bidding against me. I scoured their statistics, but I couldn't find any irregularies. Darn. I was so excited about discovering a fraud, about being a champion for the poor (well, myself, growing ever poorer with each mouse click.)

3 comments:

citysage said...

Is that red chair in the picture your new chair? It's VERY cool.

I would have been so excited for you to discover an eBay fraud---I'm a bit of a conspiracy theorist myself and would be proud to say I know a real live crimefighting eBay superhero!

Plus of course eBay would have given you thousands of pounds worth of free stuff, to be sure...

Lynne said...

No, that's the one that's nearly £4,000! I will take a photo when I get it (when I figure out how I'm going to transport it.)

amy@inspirationchic said...

Can't wait to see the bookshelf!