Quote:
Originally Posted by x2drich2000
Except you and the AH never know if someone else would have bid between $4100 and $4800 but couldn't because the bid was already pushed higher than that amount. In these situations you really need to look at it as a buy it now rather than an auction because you'll never be able to tell how others people would have bid if bidder 1 was taken out of the picture.
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Exactly! I was just about to post this as well. People always claim they should be able to buy it for one bid above the 3rd place bidder, but that's not fair either, for the reasons you outlined above.