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<p>[QUOTE="Andrew McCabe, post: 3316709, member: 90666"]Yes. It's an art. Sometimes a two stage process works for me. Pre bid right at rhe outset to a reasonable level. Let the challengers climb above your bid in advance of the auction. Many weaker challengers then don't look at the auction again once they are in front and the price is reasonable. Then stage 2, go all in at last moment or live. The advantages of the two stage bid is that 'your' coin doesn't look cheap to all those non assertive bidders that challenged in the early stages, so they just don't turn up on the final day. Final snipes of course work well but you want the fewest possible participants for that final snipe session. But one can't really tell. It's Black Magic.[/QUOTE]</p><p><br /></p>
[QUOTE="Andrew McCabe, post: 3316709, member: 90666"]Yes. It's an art. Sometimes a two stage process works for me. Pre bid right at rhe outset to a reasonable level. Let the challengers climb above your bid in advance of the auction. Many weaker challengers then don't look at the auction again once they are in front and the price is reasonable. Then stage 2, go all in at last moment or live. The advantages of the two stage bid is that 'your' coin doesn't look cheap to all those non assertive bidders that challenged in the early stages, so they just don't turn up on the final day. Final snipes of course work well but you want the fewest possible participants for that final snipe session. But one can't really tell. It's Black Magic.[/QUOTE]
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