Great answer Jenney.
Oma, if you are interested in this item I will gladly back off. But don't bid now or you will drive the price up. Wait until about 10 minutes before the item is set to close and see what the price is then. At that point if your maximum price would take it put your bid in then ( about two minutes if you can hold back ) This does not give anyone else the time to outbid you. But put in the maximum you are willing to pay right up front. You won't pay that unless someone else has a proxy bid sitting out there.
Sorry - was that too much detail?
Bill