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Bracelet for 1960s Carrera: Sold at $2,011

I expected this one to go for big bucks, but am shocked to see it break the $2,000 mark -- http://www.ebay.com/itm/350517476369

Also notable are the approximately 35 bids within the last two minutes of the auction, by the winning bidder, including 8 in the last 11 seconds above the amount of the winning bid -- http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&_trksid=p4340.l2565&rt=nc&item=350517476369 Note that without the winning bidder's participation, it would still have sold for $1,486.

So is this a new type of sniping software? More interestingly, how are we valuing these bracelets right now?

Jeff

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