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<p>[QUOTE=&quot;robp, post: 7874739, member: 96746&quot;]I&#039;ve won things at my max on occasion, but also at hundreds below my max at other times. I&#039;ve also lost at my max to a prior commission bid at the same level</p><p><br /></p><p>A bit of context would be helpful here, such as the coin in question, how popular the item is, and what other similar things are selling for in the current market. </p><p><br /></p><p>A lot of psychology goes into bidding and the number of people bidding on coins has increased disproportionately since lockdown, leading to some eye watering prices in the case of live auctions where shill bidding is virtually impossible. If you had a coin that was say a £500 coin and you wanted it, you might bid 1000 (or higher). The thinking person might then go 1050 or 1100 in an attempt to eliminate the person who also wants it badly. You might even go an extra increment to eliminate that thinking person. When the price is only a couple hundred pounds, you will likely have a large number of people bidding at this level with an eye to reselling on ebay or facebook, particularly when prices appear to be rising inexorably across the board. With bidding increments of £10 at this level, you are likely to have a good number of similar commission bids. As I said above - context.[/QUOTE]</p><p><br /></p>

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