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<p>[QUOTE="satootoko, post: 25721, member: 669"]Heritage is one of a few major numismatic auction galleries, most of which are now conducting EBay live auctions along with their live & telephone bid sales. The rules are heavily slanted toward floor bidders (including the phone operators), and the fast pace of live auctions makes timely on-line bidding difficult once the lot opens. My only success at one of those was a stupid money bid made ahead of time which turned out to be high enough to beat the folks on the floor with auction fever. That's <b>not</b> a method recommended for anything but an item that you really, really, really can't live without.Floor bidders normally get hit with a 10-15% buyers premium (and not just at numismatic auctions), so the extra vigorish is another strike against on-line bidders.Good auction bidding always involves determining your maximum purchase price, then deducting buyers premiums, sales taxes and shipping/handling fees to reach your maximum bid; whether you are bidding in person, on-line, or even in a mail-based auction.[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 25721, member: 669"]Heritage is one of a few major numismatic auction galleries, most of which are now conducting EBay live auctions along with their live & telephone bid sales. The rules are heavily slanted toward floor bidders (including the phone operators), and the fast pace of live auctions makes timely on-line bidding difficult once the lot opens. My only success at one of those was a stupid money bid made ahead of time which turned out to be high enough to beat the folks on the floor with auction fever. That's [b]not[/b] a method recommended for anything but an item that you really, really, really can't live without.Floor bidders normally get hit with a 10-15% buyers premium (and not just at numismatic auctions), so the extra vigorish is another strike against on-line bidders.Good auction bidding always involves determining your maximum purchase price, then deducting buyers premiums, sales taxes and shipping/handling fees to reach your maximum bid; whether you are bidding in person, on-line, or even in a mail-based auction.[/QUOTE]
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