Originally Posted by
BluesDawg
Not necessarily so. In the psychological game of bidding, there can be advantages to not revealing your intention until the last second. Sometimes a rival can be tricked into thinking his bid will hold if you don't raise until it is too late for him to respond.
I do agree with miss K that fate was in play here. Something bad was going to happen if he got that frame.
I would never assume this on an Ebay bid. Most last minute bidders use an automated last minute program that is almost impossible to beat. I've found it better to be waiting with my top price bid already in place. Many will quit if they try to outbid me early with a low ball bid and get overbid immediately. Others who wait for the last minute and don't outbid me have no second chance. Lastly, if someone outbids my final price...........they can have it.
The best part of this policy is that if I'm outbid, I don't have to wait till the end of the auction........I'm out of it and can go looking for something else to bid on.
Note, that I am a cheap bidder and if I get knocked out early I do not get involved in a bidding war that may cause me to go well above my estimated "correct" price.