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Posted By: barrysloate

Yes, if you reach your max early no reason not to get one last bid in and hold your breath. But if you are a little below your max, or below fair market value, and bid now, there is a very high probability you will be topped.

Of course you can't generalize because each lot is unique. In my auctions 95% of the lots received their final bids in the last 3-4 hours. The chance of a lot getting its last bid Wednesday and holding up until Thursday was remote, but it could happen.