Quote:
Originally Posted by Aquarian Sports Cards
The whole idea of extended bidding is to mimic a "real" auction. At a live auction I have never said "Hey guys I'm taking bids for 30 more seconds and wherever the bidding is at that time the lot is sold." Frankly Ebay style that allows sniping isn't a "real" auction to me.
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If the idea is to mimic a "real" auction, why not have the extended bidding periods be something like 30 seconds, or a minute or two? 15 minutes has always seemed excessively long to me.
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