Ray B
AH legend
About 15 years ago when Gunbroker was fairly new, I saw a supergrade stock taken off of a Win M70. In those days it was normal to place a bid, get out bid, up your bid and so on until the clock ran out. they hadn't started the 15 min rule at that time. So after a few out bids by the competitor for the stock I waited until a few minutes before expiration. As I recall the stock (which wasn't unaltered, so not a true collector) had a bid of about $90. the bids to that time had been in the $2-$5 increments. So I bid about $200. the competitor saw that he was outbid so entered an incremental bid and was immediately outbid by my existing bid, he bid again, and again; and time lapsed. I'm not sure how high he would have gone but I think he learned a lesson that day about how not to buy something. Management may have also noted the actions and implemented the 15 minute rule.