I'm not sure how that could happen. The sniper makes one carefully considered shot, and never passes their spending threshold. They can also call things off, and walk away while the early bidders assure each others' mutual destruction.
Early bidders recently pushed a standard NIB M to $385. I need to hang a print of the finished auction page an inspirational poster.
I guess we'll never convert you. I hope the international shipping is decent, because your bidding is already pretty bold.
This was your M5-2 listing before I placed my bid. Notice your 1390120 is in the other tab...I was checking back and forth to see which one I should go for. I did in fact place a bid on the -0120 and probably got you a larger amount of money by doing that, but the previous person's max was higher than mine so I abandoned it and focused on the M5-2.
![](http://geekhack.org/attachment.php?attachmentid=6565&stc=1&d=1261358837)
Imagine how less happy you'd have been if it ended at 16 cents?
The bidder before me had their max bid at around 21 and IIRC I placed my bid at 25...and won it around 22. I placed that bid in the final seconds of the auction, probably clicked the link around 15s left.
Bid history did not reflect any other snipers on that one so I guess I got lucky.
^ sniping experiences revealed to the world...