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<p>[QUOTE=&quot;Shea19, post: 8233354, member: 90981&quot;]As others have explained, this is a way to be able to bid higher than someone else&#039;s (hidden) max bid without having to go all the way up to the next bidding increment.&nbsp; Here’s an example of a (much less expensive) lot I won this way in a previous Leu auction for a hammer price of 91 CHF.</p><p><br /></p><p>[ATTACH=full]1447800[/ATTACH]</p><p><br /></p><p>Here is the bid history:</p><p>[ATTACH=full]1447822[/ATTACH]</p><p>I am “mailbidder 4765”.&nbsp; The minimum bidding increment was 5 CHF.</p><p><br /></p><p>I first put in a high bid of 76 CHF at 5:19.&nbsp; “Bidder 2” then bid 90 CHF at 7:46. This made him the high bidder on the lot, but the lot would have been displayed as having a high bid of 80 CHF, because Bidder 2&#039;s actual high bid of 90 CHF would have remained hidden.&nbsp; At 12:08, I put in my max bid of 91 CHF.&nbsp; This allowed me to bid higher than Bidder 2&#039;s (hidden) max bid, without having to go all the way up to the next bidding increment of 95.&nbsp; Bidder 2 did not bid again, so I won the lot at a hammer price of 91 CHF.</p><p><br /></p><p>By bidding off-increment, I was able to get the coin for 91 CHF, instead of 95 CHF.&nbsp; If I had bid 90 CHF, Bidder 2 would have won the lot for 90 CHF (because his bid was made earlier than mine).&nbsp; If I had bid 95 CHF, I would have won the lot for 95 CHF.&nbsp; By bidding 91 CHF, my bid was registered as higher than Bidder 2&#039;s bid, even though I didn&#039;t go all the way up to the next bidding increment.&nbsp; By doing this, I saved myself a cool 4 CHF.</p><p><br /></p><p>Obviously, this doesn&#039;t make nearly as much of a difference with less expensive lots like this one where the increments are just 5 CHF, but when dealing with larger bid increments, you can end up with a nice savings.[/QUOTE]</p><p><br /></p>

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