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<p>[QUOTE=&quot;-jeffB, post: 2742427, member: 27832&quot;]So your claim is actually &quot;placing a rational bid early is better than sniping with an irrational bid.&quot; I won&#039;t argue with that.</p><p><br /></p><p>I <i>will</i> argue with the <i>assumption</i> that people using a sniping service are fools who routinely place unrealistic maximum bids. Fools who place excessive bids will overpay, whether they place them early or late -- unless, having placed their ridiculous bid early, they draw out someone else willing to place an even <i>more</i> ridiculous bid. (&quot;Look at that blurry-photo quarter-eagle that&#039;s bid up to $3K! It <i>must</i> be a 1911-D; that other bidder must have a better screen than I do.&quot;)</p><p><br /></p><p><br /></p><p><br /></p><p>The hunt for &quot;rare occasions&quot; drives an awful lot of this hobby. Chance favors the prepared; using a sniping service (<i>wisely</i>) is one effective preparation tool.[/QUOTE]</p><p><br /></p>

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