[Vintagecatcher]

Happy New Year Barry,

It does not make sense.

Auctions take advantage of human nature. There is the build up and excitement regarding the possibility that one might win a card or piece of memorabilia. We all hope that we can possibility "steal" the item for a decent price. Hoping for a poor listing or perhaps a well timed snipe will seal the deal. We all analyze our bidding strategy. Do I use the big opening bid and hope to survive a last second snipe? Or do I hide in the weeds, and grab it with a snipe in the final seconds.

The thrill of competing against another bidder drives the price up and up. Sometimes it becomes a competition where the prize at the end is just a bonus.


Patrick