Another use of the max bid I have used early in an auction is to automatically raise the bid price frequently to not allow as many other bidder the option of bidding during extended time. For instance, if I think a card will sell for $1500 and the starting bid is $100, I might put a max bid (or even a straight bid, depending on how much I want the card) of say $1000 right away and therefore limiting the number of spots other bidders can take.
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Current Wantlist:
E92 Nadja - Bescher, Chance, Cobb, Donovan, Doolan, Dougherty, Doyle (with bat), Lobert, Mathewson, Miller (fielding), Tinker, Wagner (throwing), Zimmerman
E/T Young Backrun - Need E90-1
E92 Red Crofts - Anyone especially Barry and Shean
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