Posted By:
identify7I have never thought this situation (of a potential second chance offer) through as far as T206Collector has.
Although hindsight is 20/20, his observations make sense for possible next time application. I know that I have twice been offered a second chance at my high bid, which I turned down. I may not have declined at my low "winning" bid level.
Edited to add: For me, it would depend to a large extent on the credibility of the seller.