The auction rules change bidding strategy, which affects when bidding action takes place. For example:
Sterling: "One bid in the entire auction prior to 8:00 PM EST on September 19, this bid is all you need to qualify to bid on ANY item in the auction during the extended bidding session."
LOTG: " In order to bid on an item during the extended bidding session beginning on the date of the auction close, you must place at least one bid on that item prior to 9:00 PM Eastern on the auction closing date. If you do not bid on it by 9PM Eastern on the closing date, you cannot bid on it afterward."
I will throw out a bid in Sterling early on 1 lot then wait until the last night to bid on everything else. For LOTG, REA, etc., I may spend a couple of hours placing initial bids on 100s of lots.
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