Cars & Bids blows except Doug is making a fortune

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Originally Posted by cabmando

^^^
Typical online auction. Last day and even in the last 30 minutes, it goes nutso. My cousin called me a few months ago to tell me about a machine he saw online. He said he hoped to buy it in the mid to upper 20's because it was so low with 1 day to go. I told him the machine would end in the high 30's. Boy was I wrong... it went high 40's with the bulk of the bidding happening in the last hour of the auction (naturally with the extensions)

Goodwill has ebay type of auctions...a painting was put up by a GW store in Iowa..I saw it when the bid was about $300..I put $600 on it..that lasted 4 hours as top bid..it hung at a coupla thousand for days..an hour before the auction closed it was at 21K...when it finially closed it was at 83K...


Somebody unwittingly donated a painting worth 83K to Goodwill...