Know How To Bid

Many years ago my friend and I decided to go to a viewing day of a forthcoming auction in some wealthy village near where we lived.

The auction room was vast and there were many beautiful things offered for sale there.  My eye fell on antique linens, for which I have a passion and also a beautiful old sea chest.

When the auction day came we motored down there and when the lots I was interested in came up, I started bidding. It is generally known that many second hand shop owners do attend these sales and you have to bid against them.  This works in your favour as they will keep the price as low as possible to enable them to sell the goods on in their shops at a good profit.

I outbid them on the things I wanted.  It struck me then that if you have a compulsive character then you can get quite carried away and buy things that might ultimately overpriced and things that you do not necessarily want.  You only bought them for the thrill of the chase, as it were.

The same is true of the many sites on the internet that are top live auctions with great products. They are fine to join, but you must be aware that you might get carried away, just as you can do in traditional auctions and overspend.  Great care must be taken, therefore, to find out the price of the brand new goods offered for sale on these sites so that you do not make the mistake to bid more than the product is worth.

However, on occasions, to fool your fellow bidders you might be tempted to do just that to let your fellow bidders see that you are capable of beating them to win the price.  It must be said that on top of the cost of your win you will have to add shipping costs and, sometimes, a handling fee that the site levies.

Your user name will come up on the site as an advertisement.

If you should wish to join top live auctions with great products then please have a look at http://www.bidvid.com

 

From Tulips to Computers in Auction

Most of us know the story of the burst bubble tulip price when merchants in Holland were swapping houses for single tulip bulbs in the Seventeenth century.

In the sixteen fifties one man in Holland had a dozen tulip bulbs of the Semper Augustus variety and was offered three thousand guilders each. In auction he would almost certainly have got double that amount.

In order to appreciate how much money that was it may be worth a visit to Holland today and go to the national art gallery to view one of the greatest paintings of the same vintage; The night Watchman by Rembrandt.

Penny auction

This superb work of art was sold at the same time the tulip offer was being made for half the amount at fifteen hundred guilders.

The most extraordinary part of this story is that we no longer know the name of the man who owned the dozen tulips but we do know that he refused to sell them!

Today anything at all can be sold in auction as long as it isn’t Mother-in –law or any other form of human life.

The internet offers the opportunity to sell a car, a watch a boat or a plane ticket. Think of anything and you will find it somewhere online and available.

The new type of auction called a penny auction only sells brand new original goods. This can be anything from the latest laptop or hand held Wi-Fi device to something as benign as supermarket shopping discount vouchers.

The only thing to remember about penny auctions is that they are unlike conventional auctions and a proper understanding is essential if you do not want to just throw money away.

Before participating the bidder must buy credit and for this it is necessary to have a credit or debit card and be over the age of eighteen.

Each bid is placed as the clock ticks away and although each bid has cost a pound or perhaps more, the goods only increase in value by one penny.

Penny auction is the best way to get your items for the best price as you will see when you click here at http://www.bidvid.com/

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Auction Fun and Bargains Galore

Whilst it is true that the new online auctions known collectively as penny auctions can bring some fantastic deals it is most important to understand the way the system works before embarking on the game.

All types of auction can be fun and entertaining but if it becomes addictive then it can become bad news for the wallet.

Anyone with an addictive personality should stay away from online auctions and lock the wallet away.

When something very unusual or very rare comes up for conventional auction it can attract worldwide interest. The auction of a vintage racing car or a lost Van Gogh attracts intense interest from bidders and onlookers alike.

There is no better atmosphere than ferocious bidding between two people where the rapid fire bids increase at a few hundred thousand pounds a bid and the reserve and estimated price is left miles behind.

There is usually a spontaneous applause when a work of art goes under the hammer for double its estimate. Usually for these major works of art there is a proxy bidder in the room or on the end of a telephone line.

To rule out the prospect of the telephone caller being the local fruitcake in a phone box around the corner, the big auctioneers have already taken a deposit on credit of at least twenty per cent of the estimate or reserve.

Penny auction

OK most of us are not in that sort of league but we can still have a bit of fun with these penny auctions and also strike a good bargain. All the goods on offer are brand new and where applicable will carry original warranty.

The winners are either very lucky beginners or more likely regulars who have study the way it works in detail and have had a bit of experience.

There are various techniques to adopt and these can only be learnt in time so the best advice is to start on low value items and have a modest budget.

Penny auction is the best way to get your items for the best price at http://www.bidvid.com/

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Nothing Is For Nothing

If you like auctions and want to try something new, you might be interested in on line bidding.  There are well established sites that allow you to place your unwanted items on line and get people to buy them.  These sites do not charge you to place a bid, but they are also open to abuse by fraudsters.

A Penny auction is the best way to get your items for the best price and it is worth having a look at these if you want to buy brand new products that the web site auctioneers have placed there.  You will not be able to put your own items on these.

Penny auction

You need to register with them before you can enter one of these and the registration can be costly.  These sites also do not let you bid for free, although they might give you an initial number of bids free as a welcome present.  Every bid will cost you a certain amount of money, typically about fifty pence a bid. This money will be lost if you do not win your item.  It is a bit like gambling, really, but some people like the rush of adrenalin it gives you.

You will be pitted against an unknown number of other people who will also bet and the trick is to put your bid in at the price time that the clock runs out.  If this does not happen, then the clock resets itself for a certain amount of time; anything from twenty seconds to two minutes.

Before you register, it is worthwhile to research the site you want to join.  Do not register with one that you cannot find any information about.  There are people on the net who will either recommend sites such as these and they will tell you which ones to avoid.

Another sound bit of advice is never to send money to these sites.  The best way to pay for your bids is with a credit card.  This will protect you if anything goes wrong.

If you want to find out if a Penny auction is the best way to get your items for the best price then please log on to http://www.bidvid.com/

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Things to Remember In Penny Trading

Gone are those days when people look down about second hand goods. There is a huge market for used goods, if you look at the wiser side or the sunny side of the game then there is only positive of using second hand goods. Penny auction is a very upcoming concept which commands a huge market for second hand goods especially electronic items.

Penny auction is a very healthy and an interesting market and a platform for dealing and buying goods and services. It’s a virtual market where in you don’t have to be in personal contact with the buyer and the seller the electronic media is such a strong platform that’s has bridged the gap of distance and time, many people feel that it is very complex and difficult to understand but the truth is all what you need is a bit of experience and a healthy understanding of the IT services. The best part about penny auction is that one can operate form the comfort of home without spending any extra cost on transportation and communication.

You can also strike a very good bargain if you are well versed with these operations. There are various tips and tricks which may come handy, experience also helps, there are automated software which automatically puts a bid  at the very last second which makes you win the bet by putting the highest bid.

What is penny auction?

Penny auction refers to a good which is in auction for as little as 1 penny, hence it is known as penny auction. In this case the winner is not of the highest bid but of the lowest unique bid, that means even 1 penny will decide the winner. The bidders are free to buy credits which can be used to auction on the basis of bids. The credits can be purchased  by around pound 1 and hence you can increase the bids by 1 penny and further.

Can get more information by simple visit at http://www.bidvid.com/.