Posted By:
T206Collector"What does this shill bidding have to do with the issue of snipe bids in the last 20 seconds."
Granted, shill bidding can take place at any time in an auction, even as a late high snipe designed to eat away at a proxy bid's high price. But you only have time to ratchet up, like one of the shill bidders in this auction, if you have a high proxy bid made with lots of time before the close of an auction.