[summerkid]

... actually, 2 of them:

1) I'm keeping an eye on a supposed '58 Flying Cloud that's for sale. It's the first day & only 6 bids so far, but the high bid amount keeps changing, with no additional bid notations, either from the high bidder or anybody else. There doesn't appear to be a reserve price, so no one's bidding just to try to find that out. What am I missing here?

2) Is there a rationale to bidding right off the bat? I don't see any point to possibly creating interest in an item so, logically, wouldn't plan to bid till the last minute. Am I missing something here too?

I've only bought one thing off eBay and that was a very simple little item, so I watch some of these big-ticket auctions with confusion.