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AMCC Auction - Pre- vs. Proxy Bids
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<p>[QUOTE="Andrew McCabe, post: 7780422, member: 90666"]For many platforms, bidders should be aware that the auction houses are not all honest. Enter a pre bid, for those platforms where the auction houses are notified, and they'll make sure that on the day of the auction "someone" bids up to one level below that. This is no longer rare or isolated. Certainly I never pre enter bids anymore on external systems such as Numisbids (and I gave up on Sixbid when they had the data loss and fraud issue) that notify the auction house of your bids. I also with very good reason suspect many auction houses own platforms for pre bidding. </p><p><br /></p><p>Proxy bidding on Biddr is very safe tho as the bid isnt revealed. Safest is bidding on the day[/QUOTE]</p><p><br /></p>
[QUOTE="Andrew McCabe, post: 7780422, member: 90666"]For many platforms, bidders should be aware that the auction houses are not all honest. Enter a pre bid, for those platforms where the auction houses are notified, and they'll make sure that on the day of the auction "someone" bids up to one level below that. This is no longer rare or isolated. Certainly I never pre enter bids anymore on external systems such as Numisbids (and I gave up on Sixbid when they had the data loss and fraud issue) that notify the auction house of your bids. I also with very good reason suspect many auction houses own platforms for pre bidding. Proxy bidding on Biddr is very safe tho as the bid isnt revealed. Safest is bidding on the day[/QUOTE]
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