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#13
03-29-2015, 11:59 AM
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Auction closings
Clean Sweep tries to combat late night closings by increasing the buyer's premium after 1:30 am and I believe increases every half or full hour after that.
That system still creates a snipe situation. A few lots I really wanted in past auctions I would make a bid at 1:29 so if anyone would bid after me would have to pay a larger buyer's premium. So far that has been successful each time. Ultimately see no real solution that all would agree with. 
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