The Autograph Auction
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Collecting celebrity autographs can be an exciting hobby. However, not everyone who wants to collect autographs has the time or opportunity to meet public figures in person. For these people, working with a dealer, such as The Autograph Auction, may be the best solution. Dealers such as The Autograph Auction do the legwork of securing signed items and memorabilia to sell in response to marketplace demands. Such dealers can benefit collectors who do not live in a metropolitan area frequented by high-profile public figures. In addition, dealers may be able to secure hard-to-find autographs, such as those from celebrities who do not routinely sign autographs or deceased public figures. Some autograph dealers may specialize in a particular area, such as sports, music, or literature, while others offer a broad spectrum of autographs. Current and potential autograph collectors should decide on their personal interests and seek out a reputable dealer who shares that interest.
The Autograph Auction provides a forum for buyers to bid on a variety of guaranteed authentic collectibles. Registration at the Autograph Auction is open to any interested bidder. The online auction, a phenomenon of the computer age, exerts a unique psychological effect on bidders, transforming the competition of the bidding process from a public event to a solitary endeavor. Individually, bidders use strategy and timing to try and secure a desired item; while research shows that these bidders often believe that they are “outsmarting” other bidders, data indicates that similar strategies are used by the majority of potential buyers, ultimately providing a fairly even playing field. One popular bidding strategy, for example, is the last-minute bid, in which shoppers wait to bid until the auction is nearly over. According to business researchers at the University of Pennsylvania, approximately 75 percent of winning bidders employ this strategy. Another tactic employed by many bidders is the step-and-leap approach, in which they enter a series of small bids before making a new bid at a significantly higher level. Experts have determined that this strategy is used to block out other bidders—yet all “penny auction” bidders surveyed reported using the technique. This finding emphasizes the importance of chance to the outcome of online auctions, as well as the advantages to speedier bidders.