quote:
I cannot think of scenario where sniping does not assure you the best price (except for a the rare missed snipe) and protects you against impulse buying.
Funny, I was just thinking about this very subject and came up with one:
Dutch auctions
I just won one and it would not have mattered if I sniped; in fact, one might lose if one sniped in a Dutch auction as the first (or an early) bidder might win all of the items.