What are some common mistakes to avoid when participating in an auction?
An example of an AI chatbot conversation about common auction mistakes to avoid.
What are some common mistakes to avoid when participating in an auction?
Some common mistakes include not setting a budget, failing to research items, and getting caught up in bidding wars.
How can I effectively research items before the auction?
You can research by checking recent sale prices, reading reviews, and understanding the item's condition and provenance.
Is it a good idea to attend an auction preview?
Yes, attending an auction preview allows you to inspect items closely and assess their condition before bidding.
What should I do if I get caught in a bidding war?
If you find yourself in a bidding war, stick to your budget and be prepared to walk away if the price exceeds your limit.
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