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<p>[QUOTE=&quot;-jeffB, post: 2909466, member: 27832&quot;]You&#039;re describing a rational bidding process. Many (most?) eBay bidders are not fully rational.</p><p><br /></p><p>Suppose you&#039;ve been looking for a particular coin for a while. You&#039;ve bid on many, but you&#039;ve always lost, sometimes by just one bid increment. Are you <i>sure</i> that you&#039;ll <i>never</i> cave in and bump up your bid just a little bit, at the last minute, in hopes that <i>this</i> time you&#039;ll come out on top?</p><p><br /></p><p>If so, congratulations -- but I&#039;m pretty sure you&#039;re in a small minority. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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