I didn't necessarily mean bidding and then abandoning the auction. I watchKrafty wrote:I take that point on board but I can't operate like that. I never have a maximum bid in mind, I put in a ball-park figure and hop for the best, monitoring the auction till its close.wELCOME cONSUMER wrote:The best thing you can do is decide in all honesty if you really want an item and bid your absolute max. That way, if you do lose, you won't have any regrets.
I feel asking for dibs on something would cause resentment or ill-will.
If I'm outbid, it's time to stump up some more cash- I guess the competition instinct kicks in to an extent, but I'm always learning about what artwork is worth, so I go with the flow.
till the very last second myself, especially when I'm ultra serious about the
item. (Did I just say "ultra serious?!"

really want the item, then go for it. Bid as much as you're capable of and
willing to pay but not a cent more. Don't put yourself into debt if you're
honestly not able to afford the item. You're never 100% guaranteed to
win in any auction. My point was, if you can't live without it, act accordingly.
To me, keeping an eye out for other people's interests is not the same
as giving dibs. I've pointed out auctions of interest to friends in the past
and typically I have zero interest in the item. I certainly don't mind doing
that for others and there are folks who regularly contact me about things
I might like. That's a wonderful courtesy that I appreciate as much as they
do. But giving flat out dibs is another issue entirely. If I -really- want the
item, and can afford it, then I'm bidding. I'd expect no less from anyone else.