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<p>[QUOTE=&quot;Conder101, post: 166359, member: 66&quot;]Ok, that is an eBay live auction.&nbsp; You will be competing against not only other online bidders who have only seen the pictures, but also against on site floor bidders who have had the advantage of examining the coin in person.&nbsp; It is called ebay live because you can actually watch the auction as it takes place on site and can continue bidding through the net in somewhat realtime if your bid is beaten.&nbsp; Just like you could if you were really there. </p><p><br /></p><p>Unfortunately due to bandwidth problems and delay times during transmission of the bids lots will often close before your bid arrives, or in the case where you simply instruct it to bid the next increment (Like you do in person) the bid may have gone much higher than you expected before your&nbsp; &quot;next increment&quot; bid arrives.&nbsp; This happend to one person on another forum.&nbsp; He hit next increment when the bid was at about $100, but before it got through someone on site had &quot;jumped&quot; the bid and when his bid arrived he won the coin for $14,000.</p><p><br /></p><p>If you plan on just entering a single max bid, do not do it on eBay.&nbsp; Go to the auction houses website, register for the auction and submit your bid through them.&nbsp; That will normaly reduce the buyers fee from 20% to 15% which is the industry norm for the major auction.&nbsp; One warning, the auction house website will cut off the bidding earlier before the live auction actually begins.[/QUOTE]</p><p><br /></p>

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