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Posted By: Jim Loewke

Greetings all. I have to confess, that with this type of auction where snipe bidding is rendered totally useless, why not bid your best offer earlier than near the end and risk a problem like that? Is it a matter of hoping to outlast an east coast bidder by extending the time he or she must wait to determine if they won? If true and you think you might bid again, shouldn't you have placed your best bid earlier? In this type of auction, where the house has no clue as to your proxy bid, isn't it the safest way to bid on an item that you really want? I fully understand we all have ideosyncracies in our cardboard purchasing and that you should bid how you want; it is a little perplexing to me and I would be naturally curious as to the "why" if anyone would like to offer their reasons. I got 2 lots myself in this auction.