I've been successful in three of JM's auctions in the last couple of years, but I've lost count of the number I've participated in.
I normally approach them with a reasonable knowledge of the going rate for the record concerned and a maximum bid figure that I'm prepared to go to.
Of the three, I paid just about the right amount for Kenny Shepard.... It went for double that less than a year later on the same auction site...
I paid well under the going rate for the My Pleasure album, June Yamagishi, featuring Bobby Womack.
On the third I lost all sense and cognative function when at the last minute a telephone bidder jumped in and proceeded to up the anti. Suffice to say I ended up paying £250 more than I'd set my maximum bid at and because I love the record with a passion nobody else was going to have it. I lost the plot completely.
I went straight to Confession
Therein lies the rub. I reckon there's enough people like me around to add upward pressure to prices, it's just that very few admit to it.
The Incredibles was my downfall.