when my dad and I go to auctions, we use a "max bid plus one" rule. when we first started going to a lot of auctions, we would always set a hard max and made sure that neither of us went above...we started to find that sometimes, when being second bidder, we would experience that remorse of "I wish I had gone a little higher" or "what if his max was the same as ours". so now, on any medium to larger items 50 to 1000 dollars, we always set our max but are willing to go one bid increment higher. we've gotten a couple things that we otherwise would have lost out on and have been pleased.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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