Ah, I see what you mean. When I first started bidding in auctions about 20 years ago, I liked auctions where you could raise your bid, but if you're going to do that, you might as well just bid what you're willing to pay, which is what I do now. It is easier on your wallet, as you don't get caught up in that psychological bidding frenzy near the end. I used to bid in Todd Emery's auctions, and his phone would be busy the night of the end of the auction with people calling in to check and raise bids. John
Jim Nichol <[email protected]> wrote: No, actually, "the world DOES know". The sniper really did only bid 10% more, not 50%. The winning bid was placed 10 hours earlier. So the winner pre-bid high enough to protect himself against a 10% snipe. I've been counting up, and in phonograph collecting, I think there are at least 4 distinct types of auctions that we deal with, and your bidding philosophy is somewhat different in each case: 1. eBay 2. A real auction 3. Mail auction 4. Mail auction where the bidder is not held to his highest bid, depending on the 2nd highest bid (like Kurt Nauck uses now, I think). Number 4 is actually something like eBay, except you can't see what others are bidding. Jim On Feb 6, 2005, at 8:04 PM, john robles wrote: > If the sniper were willing to pay $100,000, and the other highest > bidder only bid $30,000, the sniper's bid would still only be 10% > higher. That is due to eBay's automated bid tipping system. So for all > we know, the sniper may have bid 50% higher or more. The world may > never know. _______________________________________________ Phono-L mailing list [email protected] Phono-L Archive http://www.oldcrank.org/pipermail/phono-l/
