Posted by AHHH..... on January 19, 2003 at 09:55:00:
In Reply to: Re: Re: Re: Re: The E-Bay HOLTON posted by JoeS on January 18, 2003 at 00:32:14:
and I just figured out the variable that made the difference, on e-bay they have that "proxy" nonsense which is automated, so over there the 2nd highest bidder (like t'other Joe pointed out) drives the sale price. And at a physical house auction, Joe S. bids in response to another bid, and at the suspicion of a shill simply stops bidding. Ironically, the Taylor Holton winner didn't have much e-bay feedback or other history, and the second highest bidder simply quit bidding well before the final few minutes.
Dale "seldom uses that proxy feature when bidding on emotion" P