I tried to add another vintage Apple’s Director Chair to my collection today, but I let it get away. It was an eBay auction.
Buying off of eBay can be frustrating. I don’t mind the auction format- no, I’m an auctioneer by profession and heritage, so it isn’t that. But I don’t like eBay’s auction format, especially getting sniped with a second left and that’s what happened to me today. I like an opportunity to bid again if I get knocked out by another bidder.
Recently I added an Apple Director Chair to my collection. It was different and I thought it was cool, so I grabbed it. Well today another one was closing out. It had been up for a week and I was the second bid. I entered my proxy bid for $75.99 when the bid was $12.50. Immediately it went to $56 and then sat there. I wanted this chair so earlier today I went back in and increased my proxy bid to $225.99.
So, using that earlier purchase of mine as a comp, I entered my maximum bid today of $225.99. Needless to say, at the end the buyer obviously out bid me with microseconds to go. He had bid and then saw I still was winning and went back and bid again.
You see in a real auction I would have had another chance to raise my bid because the bidding doesn’t close-out at a pre-set time, with the winner being the one who beats the clock. No, in a real auction the bidding would stay open until all bids are tendered. Once the auctioneer senses the bidding is complete, the round of bidding is closed.
Interestingly, I found this same chair on eBay that sold in Dec. 2010 for $31.00. Go figure….
My point here isn’t crying over spilt milk. Instead it is the challenge of knowing the value of rare vintage Apple collectibles. I didn’t want to overpay, but would have paid what it was worth- using auction bidding as the gauge is the best way. I also know the old auctioneer maxim, “something is worth what folks are willing to pay,” but this doesn’t apply to an auction with an artificial ending, like the ones on eBay.
In case you’re wondering would I have bid more for this chair if I was bidding in a real auction, the answer is yes. I wouldn’t have let a few dollars stand in the way, but in this case, I didn’t have another chance.
To date I have found little info about these chairs, although I am aware of one other style out there. This one was on RedLightRunner.