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#31
04-30-2007, 08:12 PM
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Auction closing methods - individual vs. simultaneous lot closing
Posted By: Mike
I targeted the lot I wanted and at almost 11pm entered an honest autobid in the amount of $6k which made me high bidder at 4k. I went to sleep and woke up at 3:09am to the glare of my laptop and saw auction was still going but I was happy to see the auction ended minutes later and I was the winner still at the 4k mark. Great auction and if someone on the west coast wanted it for more than 6k, it would have been theirs. As far as I am concerned it hurts the next morning when you get beat by 1 increment. 
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