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Posted By: barrysloate

JC- People have tried that and there are two ways it can backfire. First, you could bid $12,500 and blow everyone away, but if you bid normally you might still be the winner at say $7500; and second, you can bid $12,500 and create the false impression that the card is worth a ton, and then somebody will come along and bid $13,750 and you find just to come back in you would have to pay way more than you wanted. That strategy works sometimes but not always.