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Judge Dred (Fred)I guess there are different rules for different auction houses. In some of the auctions you can only bid on an item after normal closing if you bid on it previously. In other auctions you can bid on any item after the normal close time if you bid on at least one other item in their auction. I'm sure there are other variations of this rule out there.
I hate leaving money on the table so I'd hate to expose my ceiling bid if it were a few thousand over the existing high bid. I'd rather force people to chisel away at it or let them throw up a really high bid to find out exactly where I am. I figure that if someone is going to push it way up then it's going to happen regardless of how high my highest bid is. In any case I'd rather try to win the lot at the lowest possible bid.
That could be a pretty costly mistake if you accidentally entered the incorrect high bid method and brought an items bid up to $3,000 from $1,200.