Quote:
Originally Posted by UKCardGuy
As this is a buy it now listing, I don't think I'm in danger of outing an auction.
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That’s a fantastic pennant! Thanks for sharing!
Since we’re talking about auctions, I wanted to ask the group an opinion on something. Once again, I’m following an auction with some great vintage pennants and once again I am perplexed by the auction strategies of others. Now I understand there are people who may be headed out of town, or on a cruise or somehow tied up when an auction is due to end and they’re not able to bid, but for the life of me, I can’t understand why people continue to bid items up over the course of an auction. Is it a pride thing that you have to have the highest bid currently?
If I see an item, I’m interested in, I make sure that I know when it ends and in the remaining seconds, I fire off my absolutely best bid. Usually that seems to work for me, but I can’t understand why people will jack up the price prematurely. Am I missing something?