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In vintage watch collecting, I have learned that it pays to throw a low bid out there sometimes. I always try to set aside a little cash just on the off chance I stumble across a crazy deal, so I like to put in 8-10 low bids a week. 95% of the time I get overbid closer to the end, which is just fine by me.
Last night, I stumbled across this auction about 2 hours from the end, with few watchers and only 2 bids. I figured "why not?" and dropped a $90 bid to follow it. I ended up forgetting…
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