Selmer on EBAY

pickitjohn · October 2013

Doing a little Web searching I came up with a my space page for hot jazz string quartet which is a group

Jesse Barksdale has listed on his web page.

Four songs are Listed and Could Be This Guitar Being Played :roll:

I am just making assumptions here, but worth listening to all the same.

https://myspace.com/hotjazzstringquartet/music/songs

Manoir de Mes Reves
Troublant Bolero
Hot House
Sweet Georgia Brown

Also saw Ted Listed as a Connection

Prehaps he can shed some light on this.

pick on

pickitjohn

thickpick · October 2013

For those interested in this sort of thing, there's a fair amount of academic research that's been done on auction strategies, with some finding that setting no reserve price is a very good way to increase the eventual selling price. Having no reserve may induce others to bid, and having just one more bidder is likely to result in a higher price than having a reserve would have. The seller is taking a risk that, yes, someone could walk away with a $1 Selmer, but if the seller is getting the word out about the auction, he should get what the guitar is "worth" (and possibly more if he has two determined bidders going against each other, since this is a one-of-a-kind item -- it's not like an iPod where there are dozens of similar auctions ending within the next day). In other words, no one is going to be taking this home for $8-$10K.

If you want to get into the weeds on this, here's a study on setting a secret reserve price vs. setting a minimum bid: http://www.cs.princeton.edu/courses/arc ... blic00.pdf

Michael Bauer · October 2013

Thickpick said: "no one is going to be taking this home for $8-$10K".

I can promise you that...

Bones · October 2013

Really? Oh dang, I was just going to bid C$2250 and hope it was going to stick for 3 days.

JK

Buco · October 2013

thickpick wrote:

For those interested in this sort of thing, there's a fair amount of academic research that's been done on auction strategies, with some finding that setting no reserve price is a very good way to increase the eventual selling price.

Few times I was selling something on Ebay, like at one time my "metal zone" distortion pedal after it was clear to me that GJ is what I'm gonna play, I put it at I think it was $40 buy it now/shipping included and no one would touch it for two weeks.
Changed to .99 starting price, it sold for little over $40 + actual shipping costs. Happened at other times too, same outcome.

I agree that a guitar with a high demand in it's respected market will fetch it's current market value, more or less. Still I'd be nervous looking at the current price if I were the owner.
I think I'll bid on it just to able to tell that I bid on a Selmer, sounds fun.

Michael Bauer · October 2013

Bones, if you can get it for $2250, good for you!!! I actually will probably stay out of this one, since I just got Selmer 565 and really, really love it. So good luck to you!