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<p>[QUOTE="medoraman, post: 1553954, member: 26302"]A lot of it is sir that:</p><p><br /></p><p>1. Some people just want to be the high bidder, and will continue bidding if my proxy outbids them. Some people just bid this way.</p><p><br /></p><p>2. Like Jeff said, it exposes my knowledge of a value of a lot. Hey, I do this too. If I see a lot with a lot of people watching, or see tons of bids, I check it out to see what the excitement is about. I have at times bought these auctions as well. I simply prefer to use my knowledge privately, and not let people know I would be willing to pay $500 if the price right now is $45. If I bid right now for $500, I might get bid up, people see the prices, and then THEY get interested and might bid as well. If I see a lot of coins worth $1000 or more, why do I want to call attention to that auction? I wish to remain silent and put a strong bid in at the end, hopefully winning.</p><p><br /></p><p>Do sellers like this? I imagine not, but they would like me not bidding at all a lot worst I believe.</p><p><br /></p><p>We aren't very far apart Blaubart, and I didn't mean to take this thread OT, so I will stop. Sorry OP.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1553954, member: 26302"]A lot of it is sir that: 1. Some people just want to be the high bidder, and will continue bidding if my proxy outbids them. Some people just bid this way. 2. Like Jeff said, it exposes my knowledge of a value of a lot. Hey, I do this too. If I see a lot with a lot of people watching, or see tons of bids, I check it out to see what the excitement is about. I have at times bought these auctions as well. I simply prefer to use my knowledge privately, and not let people know I would be willing to pay $500 if the price right now is $45. If I bid right now for $500, I might get bid up, people see the prices, and then THEY get interested and might bid as well. If I see a lot of coins worth $1000 or more, why do I want to call attention to that auction? I wish to remain silent and put a strong bid in at the end, hopefully winning. Do sellers like this? I imagine not, but they would like me not bidding at all a lot worst I believe. We aren't very far apart Blaubart, and I didn't mean to take this thread OT, so I will stop. Sorry OP.[/QUOTE]
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