If it is a 'good name' I would start by going dorectly to the owner if possible..

If you let it go to expire before trying to buy it you will be fighting with a lot of other people trying to do exactly as you are doing.. They all place bids and wait to see which one goes through first the instant the domain becomes available..

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Steve : Animal Charms Animal Jewelry | Fishing Blog
I'm smelling a whole lot of if coming off of this plan.