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pbspelly 03-24-2015 01:13 PM

Non eBay Auction bidding
 
In an auction with extended bidding, such as For the Love of the Game or Huggins & Scott, is there any point to withholding your maximum bid until just before the end of the auction?

Bocabirdman 03-24-2015 01:14 PM

Quote:

Originally Posted by pbspelly (Post 1394005)
In an auction with extended bidding, such as For the Love of the Game or Huggins & Scott, is there any point to withholding your maximum bid until just before the end of the auction?

None that I can think of...........

darwinbulldog 03-24-2015 01:28 PM

I think that might depend on how rare the card is. If it's something that's frequently traded (T206 Cobb w/ a common back, 1933 Goudey Ruth, etc.) it helps to get in your bid before someone else puts in the same exact bid (assuming you're planning to pay just a bit more or one increment below VCP average). If it's thinly traded, however, such that you can't estimate very well how much it might go for, I'd withhold my max bid. There may only be a few people who really want that card, but those are the people (and those are the cards) whose price is equal to "more than whatever someone else was willing to bid" -- whatever that might be.


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