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Message:: [QUOTE="kirispupis, post: 7875651, member: 118780"]Keep in mind that in the example I gave, the opening bid was 450. To me, 500 was an absolute max. I really wanted the coin, but I (to this day) go back and forth on whether 500 was worth it. I should also remark that at the time I wasn't as convinced about shill bidding. If I bid against a real person, then my move was correct. If the auction shill bid me, then I could have had it for 50 less. Personally for me, I just want to fire off the bid and forget about it. The more I look at the coin, the more attached I get. I really want to just send out the bid and forget about it until the auction closes, though I rarely do. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> To give you a concrete example: my last "insurance bid" was at Heritage. I actually bid above what my research said the coin was worth, and that I'd place at a "normal" auction, and the coin went for 2.5x my max. Recently, a shittier version of the same type went on Heritage for even more, but by then I'd given up trying to buy anything there. I also forgot to mention a third type of pre-bid, which I call a "test bid." It's a super lowball bid I put on a coin I'm interested in, just because I'm paranoid that for some reason my auction registration is faulty. I throw a min bid on something just to make sure things work, then place my real bid live.[/QUOTE]