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Guilty - A Newb Bidding Lesson
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<p>[QUOTE="ddddd, post: 8276081, member: 22377"]One more scenario where I've seen early bidding be successful is bullion items. Something like a generic ounce of gold will be tied to the spot price. If you bid the right increment, you might win as the next highest bid wouldn't be worthwhile (some auction houses have a $50 jump between increments at that price level, so once the coin reaches a certain dollar amount, most won't bid another $50 as that tends to be too big of a premium over spot).[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 8276081, member: 22377"]One more scenario where I've seen early bidding be successful is bullion items. Something like a generic ounce of gold will be tied to the spot price. If you bid the right increment, you might win as the next highest bid wouldn't be worthwhile (some auction houses have a $50 jump between increments at that price level, so once the coin reaches a certain dollar amount, most won't bid another $50 as that tends to be too big of a premium over spot).[/QUOTE]
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Guilty - A Newb Bidding Lesson
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