quote:if you figure 95 cents
On reflection, I didn't mean that.
Like all bidding, one tries to introduce the random element.
Most people used to bid in multiples of 5 or 10s. Most don't now, they add 1. Lots now do that. So where do the rest go? My hunch is that they tend to be 6.35 or 11.35 (generally under 6.50 or 11.50) So where does one go now? 5 +2 & 10 + 2. OK that gives 7.35 or 12.35, but are the still going to stay under .50? Maybe not - so thats why I now inhabit the region 7.50+ and 12.50+
Just my thoughts on other people's bidding behaviour for everyday objects. I find rare objects with the real professionals entirely random! If it is rare I just look at past behaviour and add as much as I can afford - i.e one stops trying to second guess others moves and operate as AS should be operated, with my real affordable max!
What are your impressions? I'd love to know. I hope the answers are truly different from mine - it will re-inforce my behaviour and yours!
Paul