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<p>[QUOTE="Terence Cheesman, post: 3710829, member: 86498"]I have bid in many timed auctions and I cannot say that I have seen a pattern of any kind at all. A case in point On May 29 of this year I won this coin CNG 111 Lot 710 Faustina I Aureus Estimated at $5000[ATTACH=full]994496[/ATTACH] The current bid was either $3000 or $3100. I bid fairly close to the closing and placed a bid of (If my memory is correct) $3607. This would be a number of bid increments over the current winning bid. The bid immediately showed up at $3250 which I assume would be one increment over that set by the previous high bidder. I got the coin at that price. I have seen occasions where my bid placed me well within the normal bid increment. On a number of occasions I was within a few dollars of being under or just over the previous high bidder. However, almost as often with the flood of bids executed within a few seconds of the lot closing i have found myself behind hundreds and even thousand of dollars behind in the dust.[/QUOTE]</p><p><br /></p>
[QUOTE="Terence Cheesman, post: 3710829, member: 86498"]I have bid in many timed auctions and I cannot say that I have seen a pattern of any kind at all. A case in point On May 29 of this year I won this coin CNG 111 Lot 710 Faustina I Aureus Estimated at $5000[ATTACH=full]994496[/ATTACH] The current bid was either $3000 or $3100. I bid fairly close to the closing and placed a bid of (If my memory is correct) $3607. This would be a number of bid increments over the current winning bid. The bid immediately showed up at $3250 which I assume would be one increment over that set by the previous high bidder. I got the coin at that price. I have seen occasions where my bid placed me well within the normal bid increment. On a number of occasions I was within a few dollars of being under or just over the previous high bidder. However, almost as often with the flood of bids executed within a few seconds of the lot closing i have found myself behind hundreds and even thousand of dollars behind in the dust.[/QUOTE]
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