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<p>[QUOTE=&quot;calcol, post: 2702745, member: 77639&quot;]Caution, Will Robinson!&nbsp; Live bidding can be dangerous to your bank balance. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie101" alt=":woot:" unselectable="on" unselectable="on" />&nbsp; It&#039;s all too easy to decide at the last second that a coin is really worth a bit more and go for it.</p><p><br /></p><p>That said, live bidding has its uses.&nbsp; Some advantages:</p><p><br /></p><p>You can make a cut bid once per lot where you can go up one-half the normal increment.</p><p><br /></p><p>If there are several of the same type, date, grade, etc. coins in a row, but you want only one, then you can do a secret max bid in advance, then if you don&#039;t get the first, then you can live bid on a subsequent coin.</p><p><br /></p><p>If there are multiple coins of the same type, date, mint, but different grades, Heritage typically lists them in order of descending grade.&nbsp; So say you want, based on inherent desirability and your wallet, a MS64 and are willing to pay for it.&nbsp; However, there is a MS65 just ahead of the MS64.&nbsp; You can do a secret max bid that is the highest you would pay for a MS64 on the MS65 and might get it.&nbsp; But if you don&#039;t, then in live bidding you can go for a MS64.</p><p><br /></p><p>If you have a fixed amount you&#039;re willing to spend in an auction, but see more coins you&#039;d like than that amount, then you can bid up to the fixed amount with secret max bid on earlier lots.&nbsp; If you don&#039;t spend limit on the earlier lots, then use live bidding.</p><p><br /></p><p>I almost always do my max on secret max bids and only use live bidding where one of the situations described above exists.</p><p><br /></p><p>I used to do the lowball bid thing to get coins in which I&#039;m interested into the &quot;My Bids&quot; section.&nbsp; But these days, I just use tracking.&nbsp; You can review them quickly and will get email reminders.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

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