- 9,576
- 210
- 63
- Location
- Dickson,TN
Has anyone else noticed that GL has went back to $50 starting bids on some lots?
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$50 starting bids
- Thread starter m16ty
- Start date
Csm Davis
Well-known member
- 4,151
- 376
- 83
- Location
- Hattiesburg, Mississippi
Yes they were given permission to go down on the starting bids on some items.
wreckerman893
Possum Connoisseur
- 15,611
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- Akenback acres near Gadsden, AL
They usually shoot up pretty fast.....I've not seen any bargain winning prices since they started doing it.
- 9,576
- 210
- 63
- Location
- Dickson,TN
We will see. I've got my eye on a couple that is at $60 right now. I do expect the winning bid to be over $150 though.
I have seen several lots not get a bid at $150. I would imagine they could get some bids on these lots if they started at $50. I'd also be willing to bet that the said lots will end up bringing over $150 when the auction ends.
I have seen several lots not get a bid at $150. I would imagine they could get some bids on these lots if they started at $50. I'd also be willing to bet that the said lots will end up bringing over $150 when the auction ends.
- 10,852
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- Location
- Front Royal, VA
I think it's a good idea - heck, I miss the days when DRMO was running the auctions, when $5 was the low bid! I won several items at $5 each lot, made me very happy. Anyways, I think it's a good business decision...
steelandcanvas
Well-known member
- 6,187
- 85
- 48
- Location
- Southwestern Idaho
I noticed it on one lot and thought it was a typo.
- 9,576
- 210
- 63
- Location
- Dickson,TN
When I noticed it I thought "hmm $60, that sounds like a heck of a deal" then added it to the watchlist and went on. A few minutes later I thought "wait a minute, that item was less than $150" and went back to the lot to confirm it. I then thought it was a typo also until I noticed several other lots under $150.
MarcusOReallyus
Well-known member
- 4,524
- 810
- 113
- Location
- Virginia
I think I see that happening on items that get no bids. They run them again at a lower opening bid.
- 2,155
- 63
- 48
- Location
- Zimmerman MN
Some of them aren't worth $50......
gimpyrobb
dumpsterlandingfromorbit!
- 27,785
- 747
- 113
- Location
- Cincy Ohio
They have been doing $25 and $50 bids on some lots for about a year now.
Whitey
New member
- 307
- 3
- 0
- Location
- Central Maryland
It all depends on the item. They know fellas like us monitor GL like it's a hobby upon itself.