I sometimes bid for a Japanese guy, a bike collector friend who owns a company yet dislikes to use a computer. One criteria he uses to establish how high he will bid, is whether he can with good probability sneak another bike into his house given the current status of the watchful eye of his wife.
Dennis Young Hotaka, Japan
> Don Keenan wrote:
>
>> Everyone should remember the "I gotta have..." basic rule and
>> monitary driver for purchases. That will be the price setter for
>> auctions and that is the bidder who is hard to beat.
>>
>
>
> The bid history for JB's auction is interesting. The two top bids
> were above $3500
> which was almost $1600 above the next highest bid. The perfect
> situation for a
> seller is to have two 'gotta haves' going at each other.
>
> The Italian Masi Special auction from last week had a very similar
> chain of events.
>
> Auction prices are not always the litmus test for enduring market
> values, but it
> sure is cool to be the seller in those 'gotta have' situations.
>
> Nick Zatezalo
> Atlanta,Ga