I would never consign an item to an auctioneer that allows sniping. Closing an auction at a fixed time costs the seller (consignor and actioneer) money. Think of how many times you were the under-bidder in an eBay auction and you thought to yourself, "That went cheap, I would've gone up some more." That is what happens in a real (live) auction....you have the opportunity to change your mind and get caught up in the fever. That is also what happens in the online auctions that have a 15-minute or whatever rule...assuming, of course, those auctions are on the level.
That being said, I love sniping. I do it all the time. As a buyer.
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