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<p>[QUOTE=&quot;CamaroDMD, post: 24675291, member: 5233&quot;]So, I have spotted a coin on Great Collections that I think would be a nice addition to my collection so I am going to bid on it.&nbsp; I have never purchased from them before so I have a question regarding the bidding process.</p><p><br /></p><p>As I understand it, bidding is in $5 increments.&nbsp; So, if the coin I want is currently at $100...I would need to bid $105 or higher.&nbsp; Lets say I decided to bid $140 on it...would my bid be $105 (up to $140) like on eBay or would it go straight to $140?</p><p><br /></p><p>The GC website says &quot;If the current bid is $100, the bidding increment is $5.&nbsp; You must bid at least $105, although you can bid any amount above the $105.&nbsp; <b>Great</b>Collections will bid on your behalf up until your maximum bid.&quot;&nbsp; This makes me think the bidding system is more like eBay.&nbsp; </p><p><br /></p><p>Am I understanding this right?&nbsp; I&#039;m only going to bid what I am willing to pay but I want to understand the process before I do it.&nbsp; Thanks.[/QUOTE]</p><p><br /></p>

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