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Message:: [QUOTE="Valentinian, post: 4502040, member: 44316"]Yes, that's true. However, if you submit a maximum (say, 80) by e-mail on a lot where you are not high, he sometimes writes you back to say "You need to bid X (say, 120)." [As an example, maybe he had your bid of 80 and a bid of 110.] If you willing to reconsider, you can decide if you are willing to go that high or higher. But, that is quite a bit different from saying, "Your bid was not high enough." Info that my bid was not high enough might cause me to raise it, say from 80 to 100, potentially increasing the underbid, whereas saying I need to bid 120 might cause me to think, "I hoped to win it at 80 and now I'd go to 100, but not to 120, so I won't bother to submit the bid of 100 because It won't win."  Frank sells at the underbid plus small amount. So, in this case, rather than having an underbid of 100 the lot has one of 80. I don't know how to think of this. A buyer who submitted some bids that are too low probably appreciates the information.[/QUOTE]