You left out "mysterious maxed bids" on many venues. You bid say $700 and
there is magically someone else who likes the item enough to bid $650 or
$675, but NOT enough to bid $725. If you are foolish enough (or naive
enough) to think you need to "protect" your bid because it is now "close",
and raise your bid to say $1100, that mysterious other bidder NOW likes the
item enough to bid say $1,050 or $1075, but NOT enough to outbid you!

The best way to see if this happens in any auction is to remember the number
of times you bid say $700, and you actually won the item for FAR under your
max bid (say for $350). If this isn't happening a fair amount of the time,
that auction company is likely afflicted with "mysterious maxed bid
syndrome", and you should either avoid it altogether, or only bid whatever
you are willing to pay, knowing there is no chance you will get it for less.

Bruce
On Sat, May 30, 2009 at 11:12 PM, glenndamato <[email protected]>wrote:

> It is kind of hard to get young people involved in posters these days.
> Years ago poster enthusiasts were film fans whose love of cinema naturally
> drove them to seek out the advertising for those films. Most of the dealers
> were fairly honest (if eccentric) and the occasional auction provided some
> terrific bargains for collectors (i.e., The 1987 Forry auction, some of the
> early Guernseys, etc..). Now, this hobby is awash in corruption. Most of the
> dealers couldn't give a hoot about cinema, just about greenbacks. Shilling
> in auctions is commonplace, almost accepted (yes, but still very illegal).
> Items seem to "sell" on Ebay, only to constantly reappear in the same
> condition, from the same dealer a month or two later. Auctions nowadays are
> "testing grounds"-houses see what they can sell for top dollar. If not, they
> buy back, relist or re-package the same items over & over. Seldom are
> posters just "let fly" (allowed to sell at whatever the current market will
> bear). The oldtimers!
>  will continue to watch the films they love and collect whatever posters
> they like ( and can obtain fairly) but youngsters, for the most part, don't
> want to be part of this modern day movie poster scene. GD
>
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