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<p>[QUOTE=&quot;princeofwaldo, post: 2544599, member: 24091&quot;]The problem with Heritage Live (at least the last time I used it) is that there isn&#039;t a specific bid amount displayed when you hit the &quot;BID&quot; button.&nbsp; You are bidding on the next increment above the current price, not a specified amount.&nbsp; Which is fine except that at times when 4 or 5 bidders make simultaneous bids, the guy who gets processed last is high bidder at 5 increments above the bid he thought he was placing.&nbsp; I once paced a bid when a coin was at $1,000 thinking I would be high bidder at $1,100 and much to my surprise the application said I was high bidder at $1,400 instead, which was far more than I would have bid.&nbsp; Lucky for me, another bidder took it above $1,400 a few seconds later.&nbsp; The lesson from it all for me, is to bid what I am willing to spend ahead of time, and nothing more.&nbsp; Proxy bid as the auction starts is probably the most effective way to win lots at reasonable prices without exposing yourself to the consequences of the free-for-all that sometimes occurs when multiple bidders are after the same lot.[/QUOTE]</p><p><br /></p>

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