A few years ago I was bidding on a nice Monarch lathe. I had it all but bought at $650, then someone else in the crowd stepped up and decided it was too good of deal to let it pass. We tarried back and forth for a few bids, and I just decided to walk away as there was a few things later I decided to save my money for. I think the bidding ended at $725. As it ended up, I didn't get my other items either. I left a note on the lathe to call if the bidder was interested in selling. He did end up calling me. His price had gone up to $1500 and he hadn't even moved it yet. I offered $1000. No sale.
Cruising through the ads last night. Metal lathe. No description. Called him up. It's the same guy. The same lathe. Price is now $2000, and he barely knows what the thing is. "Yeah, it's got a 15" holder thingy and some sort of thing on the end for turning long stuff". He had also bought a 36" x 8' that day for about $300. WAY to big for me. He wants $2000 for this thing too.
Grrr. It wouldn't annoy me nearly so much to get outbid by someone who intended to use it, or even a dealer that had a clue, but this guy....
Mentioned the guy's name to my dad, and he knew who he was. Apparently inherited a PILE of money and real esate and pissed it all away.
JW