Posted by Robin Marshall on April 13, 2010 at 05:22:07 user TARSUS.
In Reply to: Re: Turks Yard Auction posted by John Nichols on April 13, 2010 at 03:52:31:
It is like Ebay one can set the high limit you want to bid which is not shown, until a bidder goes against you, then if they are determined it will ratchet up the amount until either they reach their limit or surpass yours, it could just be one other bidder.
I am always nervous about showing my hand too early and usually wait till about 45 seconds from the end, then if you can judge it right you can top any further bids before they can out bid you.
It all depends on the limit they have and if you can judge a higher one over them.