Posted By:
Mark SteinbergDave is right on...
The # of watchers is the key. If that those numbers are looking strong, leave the auctions up. If there are not many "watchers" after 3 days or so, I would cancel the auctions.
My experience with selling (higher end stuff), is that the watchers are far more important than early bidders. The bidders with savvy (and intent to place a serious bid) nearly all wait until the final 10 seconds.