The Asylum doesn't have a monopoly on insanity

[BlackIrish]

and neither does CBid.

Check this out, from over at JR Dutch Auction, a 10pk of HdM Excalibur Maduro in glass tubes. JR's price is at the top -- you don't even need to leave the page to find it:

JR Price: $39.95
MSRP: $67.50
Starting Bid: $25.00
End Time: 10/21/2008 - 10:00 AM EST
Start Time: 10/17/2008 - 10:00 AM EST
No. of Bids: 60
Quantity Available: 50
Item Info: See Description

Quantity: 10
Origin: Honduras
Length: 6.00
Ring: 52
Strength: Medium
Wrapper Color: Dark Brown (M)
Wrapper Type: Connecticut Broadleaf
Binder: Connecticut Broadleaf
Filler: DR/HON/NIC


Ok, now here are the bids:

Bidder Quantity Bid Amount
Per Item
1. RGAFNEY 1 of 50 $ 42.00
2. TMINSTER 1 of 50 $ 41.00
3. GFAIN 1 of 50 $ 40.00
4. toddeb 1 of 50 $ 40.00
5. Rumble1 1 of 50 $ 40.00
-
-
etc.

The top bidders are already bidding more than what they could buy it for without the auction. And it's only Friday -- wonder where the bids will be come Monday.

BlackIrish

This reminds me of that video where a man on the street is asking directions on a map from people and someone carrying a large picture pushes between them. The guy asking directions switches with one of the picture carriers and the person on the street never noticed.
They even switched a white guy for a black guy.

[AriesOpusX]

See that all the time on Cbid, more money than brains.

[gvarsity]

I saw that too and just had to laugh. Not only are they paying more but they have to wait for the auction to end before they ship. Common sense isn't that common.

[BlackIrish]

Originally Posted by gvarsity

Common sense isn't that common.

Exactly. And while I understand that on CBid peopled might not know or may be too lazy to check the price on another site, on the Dutch Auction it's right there in front of their eyes.

BTW, as of this morning, the top bid is $50!

[FriskyDingo]

I don't want to extinguish the fire or anything, because I can't stand overbidders, but JR doesn't run the same way as cbid. I was listening to a podcast that said the people who bid OVER the JR price never pay that amount.
JR will not charge you more than the JR advertised price. It just assures them a definite win.
No real point to the auction however if you are willing to just pay the advertised price.
If they are marked as sold out on the main page, then the auction page will definitely allow you to get what you want.

So fortunently, I think cbid users still have a monopoly on insanity.

[BlackIrish]

Originally Posted by FriskyDingo

I don't want to extinguish the fire or anything, because I can't stand overbidders, but JR doesn't run the same way as cbid. I was listening to a podcast that said the people who bid OVER the JR price never pay that amount.
JR will not charge you more than the JR advertised price. It just assures them a definite win.
No real point to the auction however if you are willing to just pay the advertised price.
If they are marked as sold out on the main page, then the auction page will definitely allow you to get what you want.

So fortunently, I think cbid users still have a monopoly on insanity.

Didn't know that; thanks for explaining.