If it's a gun that I'd like to have but I'm not all that worked up over I may bid the highest amount I'm comfortable with, and leave it at that. That way I don't have to be "there" when the gavel is about to drop, to sneak in another bid. Downside is you may leave some money laying on the table. Upside is you don't have to raise bids over and over.
I've won a few nice guns that way, and actually never felt like I overpaid for any of them, because I was careful what I figured my top dollar to be. I'm a big fan of silent auctions. They go a long way towards eliminating emotion from the bidding, IMO.
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