Moorgate Book on eBay

A good eBayer will wait until the last few minutes before submitting a bid - going in too early just pushes the price up for the winner

I must admit to being one of those who wait until the last minute. Of course if there are a lot of bids on it before the end I won't bid as I figure someone will come along and bid at the last second with some ridiculous high amount. It is however funny when two or three people do that!!!

As a vendor, why should I post something for ten days inviting bids when I might have none until a last-minute scramble? Of course it helps if you have Broadband to enable you to pull of a coup in the last few seconds! Ever since the Sniperwware came in it has become a battle of wits and software in the last few seconds. However I have known a case where someone wanted to cut out others by putting a ridiculous, say "up to a maximum of" £40, on a Canadian brochure thinking that other bidders might run out of puff before then trying to match the higher bid that always dangled in front of them. The result of course was deliberate bidding by others who took exception and with some gleeful malice forced the high bidder to pay through the nose for his actions when the auction ended. When he found out that he had ben forced up to dizzy heights and it was not worth the money, he reneged and I then stepped in and offered a reasonable figure to the vendor direct.