[Archive]

Posted By: Eric Brehm

Another reason many bidders may place early bids is to make sure they get one of the (effectively finite number of) qualifying bids on items they may be interested in before things get too crazy. Then they can go back later in the auction and decide what they want to get serious about. My guess is that what you are seeing is many different bidders trying to get qualified for the final closing period, not two people trying to blow each other out of the water on the first day.