Can somebody explain this ebay madness!!!
NCDOLFAN
Posts: 300
OK, I'm no big ebay dealer, but I have been doing this for awhile and live help can't give me an good reason for this either except to say that's how it is. I bid on a listing that had three card sets as a dutch auction each starting at .99 each with no reserve. I put maximum bid for the three in at 3.33 each. The auction ended with no other bidders... at 3.33 each !!! Shouldn't I have won these at .99 each ? Paul
Any team on any given Sunday, can beat any other team...unless they were playing the Miami Dolphins in 1972.
0
Comments
could you provide the auction number?
doesn't seem possible that it ended with no bidders if you placed a bid!?!?
Seller has 5 identical items for sale with opening bid of .99;
Bidder 1 offers .99 for 5 of 5 items;
Bidder 2 offers 1.50 for 2 of 5 items;
Result:
3 items go to Bidder 1 at .99;
2 items go to Bidder 2 at 1.50.
Maybe I'm way off base.
<< <i>auction #260254245018 >>
Looks like the auction was ended early based on the starting and ending times, especially since they should end on the same minute:
Started: Jun-21-08 21:38:40 PDT
Ended: Jun-26-08 18:12:38 PDT
Stange that it lists a winning buyer and price though!
PoppaJ
My Sandberg topps basic set
My Sandberg Topps Master set
<< <i>
<< <i>auction #260254245018 >>
Looks like the auction was ended early based on the starting and ending times, especially since they should end on the same minute:
Started: Jun-21-08 21:38:40 PDT
Ended: Jun-26-08 18:12:38 PDT
Stange that it lists a winning buyer and price though!
PoppaJ >>
A dutch auction format always shows eBay IDs and winning amount under the bid history.
<< <i>
<< <i>
<< <i>auction #260254245018 >>
Looks like the auction was ended early based on the starting and ending times, especially since they should end on the same minute:
Started: Jun-21-08 21:38:40 PDT
Ended: Jun-26-08 18:12:38 PDT
Stange that it lists a winning buyer and price though!
PoppaJ >>
A dutch auction format always shows eBay IDs and winning amount under the bid history. >>
You're right, but wouldn't the auction times end and start on the same minute and second???
Looks like it ran for less than 5 days; started 21:38:40 and ended 18:12:30 instead of 21:38:40 assuming it was only a five day dutch auction and not a 7 or 10.
This is why I think the auction was ended early by seller or administration...???
My Sandberg topps basic set
My Sandberg Topps Master set
<< <i>Ok, we're getting off track here... If you bid on a .99 auction with a max bid of 3.33 and the auction ends and nobody else bids, do you expect to pay the .99 or your max bid of 3.33. I should be paying .99! Just multiply that by 3. >>
Hi Paul,
You are correct and I think we all agree and know how a dutch auction works, but again... the starting and ending times of a dutch auction should always be parallel.
PoppaJ
<< <i>The seller ended it to early to sell to the high bidder, but I still cannot figure out why you should have to pay 3.33. without another bidder in the mix. >>
You're Right, but is it possible that maybe if the seller ends early to sell to the HIGHEST bidder that maybe that's where the 3.33 comes in.
I know it's not the way it should work, but maybe the seller can choose the HIGHEST price as 3.33 instead of .99 even though placed by the same bidder!!!!???!!!
Have you talked to Dead Help?
The way a dutch auction works is if there are 3 items
Bidder one bids on 3 with a max of 3.33
Another bidder bids on 2 with a maximum of 1.75
Then the first bidder would win all 3 at 1.75.
<< <i>There were no other bidders to make it 3.33. There would have had to have been at least one other bidder bidding between 3.28 to 3.33on at least one for it to be at 3.33. It might have been an Ebay bug the seller caught and ended it before Ebay corrected the problem.
Have you talked to Dead Help?
The way a dutch auction works is if there are 3 items
Bidder one bids on 3 with a max of 3.33
Another bidder bids on 2 with a maximum of 1.75
Then the first bidder would win all 3 at 1.75. >>
I just finished chatting with an eBay CSR (Peter) and this is what he told me:
First of all, he told me that the auction wasn't ended early to sell to the highest bidder (I disagree - the starting and ending times are not parallel)
Then he said that since the bidder placed a bid of $3.33 instead of .99, it automatically made the new price $3.33 (I disagree - no other bidders)
Finally, he told me that the NEW dutch auction format was set that you cannot set a proxy bid like before (I disagreed at first until I read this....
Important: For Multiple Item Auction listings, you cannot use eBay's automatic bidding system to enter a maximum (or “proxy”) bid. (For more information, see Bidding on eBay.) Winning bidders will pay a price equal to the lowest winning bid. Winning bids are selected in order of bid price per item. For example, a bid for 5 units at $12 per unit is ranked above a bid for 10 units at $11 per unit. If two bids have the same price per item, the earlier bid is given priority. If the only bidder in a Multiple Item Auction bids on the full quantity the seller is offering at an amount over the opening bid, that seller will be the winning bidder for all items at the price bid per item.
You learn something NEW everyday.... (I agree)
If there were three available and you bid $3.33 on all three that ran the price up to $3.33 as the minimum bid. Had you just bid on two of them, the minimum price would have stayed at .99 becuase there was one more available at the sellers minmimum bid. The minimum bid does not go up until all of the items have been bid on.
<< <i>Dutch auctions are different.
If there were three available and you bid $3.33 on all three that ran the price up to $3.33 as the minimum bid. Had you just bid on two of them, the minimum price would have stayed at .99 becuase there was one more available at the sellers minmimum bid. The minimum bid does not go up until all of the items have been bid on. >>
BINGO!
Winning bidders will pay a price equal to the lowest winning bid.
Had you bid 99 cents for 3 you would have gotten them all 3 at 99 cents each.
That's how it is.