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Dr.Koos..you DO!! Each and every time "you've" (collectively) bid in an Auction, past and present, (Sotheby's, Lelands, Teletrade, Rotman, Sportscards, Manning, Mastro, Mr.Mint, Lipset, etc. etc. etc....."you" are bidding in a PRIVATE auction. Some of which seemingly have no closure at the end by means of rules allowing for specified periods of time to elapse AFTER the end of the auction with no definite ending if the bids keep coming. At least with Ebay, when the auction hits "ZERO-hour" you know if you've won a card or not.