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'[OT]:PC Auction'
2001\12\06@171047 by Jinx

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Last night I went along to an auction of 500 lots of computers.
Hoped to pick up maybe one or two cheap low-end Pentiums
for messing about with. The lots on offer ranged from 120MHz
to 600MHz PII machines. all either 1998 or 1999 models, with
2-3GB empty drives, CD and sound cards (no speakers). Some
of them were marked as faulty and non-starting. I thought the
bids would be around NZ$150 (US$65) to possibly NZ$750
(US$315). In total amazement I saw bids of NZ$2000 (US$840)
and really started to think "hey, am I missing something ?" But
no, these PCs were exactly as described in the catalogue. Even
obviously broken PCs with missing parts were getting premium
prices (which attract 10% premium + 12.5% tax), pieces of crap
even I would consider tossing in the bin. Compared to what was
on offer in the local second-hand paper (http://www.t&e.co.nz) and
even what could could be built up from new retail parts, I just
couldn't believe how high the bidding went. Anybody else seen
this ? I'm having trouble understanding why on earth antiquated
machinery that's had day-in-day-out use for 4 years would fetch
such prices

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2001\12\06@174449 by Lee Jones

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> Last night I went along to an auction of 500 lots of computers.
> Hoped to pick up maybe one or two cheap low-end Pentiums
> I thought the bids would be around NZ$150 (US$65) to possibly
> NZ$750 (US$315). In total amazement I saw bids of NZ$2000
> (US$840) and started to think "hey, am I missing something ?"

> Anybody else seen this ? I'm having trouble understanding why
> on earth antiquated machinery that's had day-in-day-out use
> for 4 years would fetch such prices

Auctions lead to non-rational behavior?

I've seen used items on Ebay close for _more_ than the current
mail-order retail price for the same item in new condition!

I attend pinball & video game auctons.  Sometimes prices are
reasonable for the condition & age of the equipment.  Other
times, they are through the roof.  I haven't figured out a way
to tell until the bidding actually happens.

                                               Lee

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2001\12\06@175646 by Jinx

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> Auctions lead to non-rational behavior?

Beats the heck out of me. Oh well, saves me going along
to any more. And encouraging to know that there are still
people around with more money than sense. Time to put
my prices up I think

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2001\12\06@190103 by mike

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On Fri, 7 Dec 2001 10:00:27 +1300, you wrote:

>Last night I went along to an auction of 500 lots of computers.
>Hoped to pick up maybe one or two cheap low-end Pentiums
>for messing about with. The lots on offer ranged from 120MHz
>to 600MHz PII machines. all either 1998 or 1999 models, with
>2-3GB empty drives, CD and sound cards (no speakers). Some
>of them were marked as faulty and non-starting. I thought the
>bids would be around NZ$150 (US$65) to possibly NZ$750
>(US$315). In total amazement I saw bids of NZ$2000 (US$840)
>and really started to think "hey, am I missing something ?" But
>no, these PCs were exactly as described in the catalogue. Even
>obviously broken PCs with missing parts were getting premium
>prices (which attract 10% premium + 12.5% tax), pieces of crap
>even I would consider tossing in the bin. Compared to what was
>on offer in the local second-hand paper (http://www.t&e.co.nz) and
>even what could could be built up from new retail parts, I just
>couldn't believe how high the bidding went. Anybody else seen
>this ? I'm having trouble understanding why on earth antiquated
>machinery that's had day-in-day-out use for 4 years would fetch
>such prices
Auctions can be funny like that, although I've rarely seen it at PC
sales - most people seem to know what's junk and what's not - I'd have
expected to see the sort of prices you were expecting - the prices
they fetched were just insane! I don't think I've ever seen anything pre-Pentium 3 go for over UKP50!

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2001\12\06@204431 by Jinx

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>Auctions can be funny like that, although I've rarely seen it at PC
> sales - most people seem to know what's junk and what's not

I did notice that of the several Asians there (who I regard as canny
when it comes to dickering and getting a bargain), not one made
a bid

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2001\12\06@212316 by Jon Baker

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I can see why some of the stuff would go for high prices- I've been trying
to find some old 30pin simms. not the type that clip into the current style
of connectors, but the ones with pins that you push into a SIL header of
some kind- In the end I had to buy an old computer just for 4 256k simms-
stuff like thats getting rare so I guess thats why the prices are going up.

Jon Baker
jonspamspam_OUThayseed.net

{Original Message removed}

2001\12\06@223308 by steve

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> > Auctions lead to non-rational behavior?
>
> Beats the heck out of me. Oh well, saves me going along
> to any more. And encouraging to know that there are still
> people around with more money than sense. Time to put
> my prices up I think

I've been to quite a few where there were several PC's and every
time the bidding is crazy. If you really want to see a crazy auction,
go to the Police & Customs seized goods auction.

Steve.


======================================================
Steve Baldwin                Electronic Product Design
TLA Microsystems Ltd         Microcontroller Specialists
PO Box 15-680, New Lynn      http://www.tla.co.nz
Auckland, New Zealand        ph  +64 9 820-2221
email: @spam@stevebKILLspamspamtla.co.nz      fax +64 9 820-1929
======================================================

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2001\12\06@230425 by Jinx

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> I can see why some of the stuff would go for high prices- I've been trying
> to find some old 30pin simms. not the type that clip into the current
style

I would agree with that - except - all of these had at least 64MB. So
unless they were after the cruddy 4x CDs, who knows

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2001\12\06@233003 by Mitch Miller

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> to find some old 30pin simms. not the type that clip into the current style
> of connectors, but the ones with pins that you push into a SIL header of
> some kind- In the end I had to buy an old computer just for 4 256k simms-
> stuff like thats getting rare so I guess thats why the prices are going up.

I believe those were called SIPPs ... I may even still have some if you
need more.

-- Mitch

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2001\12\06@235224 by Dale Botkin

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On Fri, 7 Dec 2001, Jinx wrote:

> Anybody else seen this ? I'm having trouble understanding why on earth
> antiquated machinery that's had day-in-day-out use for 4 years would
> fetch such prices

Heh...  check out eBay.  People lose their perspective when bidding at an
auction, it becomes a contest you MUST win rather than an attempt to get
something cheap.  It's almost funny to watch some times.

My father in law accidentally bought a '51 Ford sedan that way...

Dale

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2001\12\07@054925 by Bala Chandar

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Hi Dale,

You wrote:

> Heh...  check out eBay.  People lose their perspective when
> bidding at an auction, it becomes a contest you MUST win
> rather than an attempt to get something cheap.

Very correctly said.

In an auction, if some people end up buying an item for a ridiculously high
price, they have done so in an attempt to prevent someone else from buying
the item. If they don't regret their action later, as Jinx put it, they are
"people with more money than sense"!
Auction companies do need such people!!

Regards,
Bala

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2001\12\07@074003 by Roman Black

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Jinx wrote:
>
> Last night I went along to an auction of 500 lots of computers.
> Hoped to pick up maybe one or two cheap low-end Pentiums
> for messing about with. The lots on offer ranged from 120MHz
> to 600MHz PII machines. all either 1998 or 1999 models, with
> 2-3GB empty drives, CD and sound cards (no speakers). Some
> of them were marked as faulty and non-starting. I thought the
> bids would be around NZ$150 (US$65) to possibly NZ$750
> (US$315). In total amazement I saw bids of NZ$2000 (US$840)
> and really started to think "hey, am I missing something ?" But
> no, these PCs were exactly as described in the catalogue.

Wow!! A pentium 166 etc here sells in the
classifieds for maybe $150 US. Who were the
idiots buying old broken computers for higher
prices than new ones?? Moms and Pops??
-Roman

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2001\12\07@141303 by Arnold Chord

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Auctions are interesting. I used to go to a local auction once a week. It is
interesting the junk that people will buy while at the same time the quality
stuff goes cheap.

{Original Message removed}

2001\12\07@203059 by Peter L. Peres

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> I did notice that of the several Asians there (who I regard as canny
> when it comes to dickering and getting a bargain), not one made a bid

As you said, they are canny, not stupid ;-)

Peter

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2001\12\10@050326 by Bryan W

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Can be useful at this time of the year. I've been suprised that last few
weeks how much people will bid on the auctions for stuff I would have just
chucked in the bin a year ago. Supplimenting my earnings by selling my old
books and PC kit has never been so easy these days.

Bryan

{Original Message removed}

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