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<p>[QUOTE="dougsmit, post: 2489719, member: 19463"]Relatively few sellers publish how much the winning bidder actually bid. When we bid $123 and the coin sells for $124 we often wonder if we could have won had we bid $125 or if the winner bid $1000 and we were wasting our time showing up. Rules and increments vary with every venue. All we can do is learn the rules for the sale in question and bid an amount that will strike us as appropriate whether we win or lose. Some sales include more than one example of the same type coin. I enjoy watching the realization on the second and comparing it to the first. Sometimes it reflects the relative merits of the two coins and sometimes it shows there were only two participants that wanted the coin. The worst scenario is when there are two equal coins and three bidders. Someone has to decide who pays more and who buys nothing.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2489719, member: 19463"]Relatively few sellers publish how much the winning bidder actually bid. When we bid $123 and the coin sells for $124 we often wonder if we could have won had we bid $125 or if the winner bid $1000 and we were wasting our time showing up. Rules and increments vary with every venue. All we can do is learn the rules for the sale in question and bid an amount that will strike us as appropriate whether we win or lose. Some sales include more than one example of the same type coin. I enjoy watching the realization on the second and comparing it to the first. Sometimes it reflects the relative merits of the two coins and sometimes it shows there were only two participants that wanted the coin. The worst scenario is when there are two equal coins and three bidders. Someone has to decide who pays more and who buys nothing.[/QUOTE]
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