Generally more than half the audience bidding at auctions are dealers.
Dealers attempt to buy stock for less than what they intend to sell it for.
The remainder are often end users (collectors) attempting to purchase items for less than what they would pay buying directly from a dealer.
Both categories of buyers are participating in the auction to pay less.
The rare exception is when the item is so desirable that price sensitivity is outweighed by an overwhelming desire to possess or when the competitive spirit to outbid another bidder prevails, resulting in a price that could be greater than the price a knowledgeable dealer might have priced the item in their establishment.
Corinne Cain of www.SavvyCollector.com
Consider paying less without the pressure of an auction scenario, by shopping at www.SavvyCollector.com where condition reports are disclosed without request.