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AARRGGHHHH!!!!! I hate it when this happens!
Russ
Posts: 48,514 ✭✭✭
Russ
Posts: 48,514 ✭✭✭
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NEVER LET HIPPO MOUTH OVERLOAD HUMMINGBIRD BUTT!!!
WORK HARDER!!!!
Millions on WELFARE depend on you!
Glen
Russ, NCNE
<< <i>Always add a nickel Russ >>
Live by the snipe...die by the snipe...and never bid a nice round number....
Russ, NCNE
A penny saved is a Kennedy lost.
My posts viewed
since 8/1/6
can you say .09 ?
thats my snipe bid
Proof
<< <i>I usually do bid odd amounts, but I really didn't think anybody would want it that high so I figured I was safe! >>
Well...following the "greater fool" premise...at least you weren't the greater fool
<< <i>at least you weren't the greater fool >>
Yeah, it was a dead heat.
Russ, NCNE
Cameonut
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
<< <i>Wouldn't you have had to bid $8.50? This is one bid increment more than the winner who placed his/her bid earlier.
Cameonut >>
If the winner's max was $8, when Russ bid $8, the winner's bid was raised to his max with the proxy system. Since the bids were the same, the first bidder won. Remember, when Russ bid, the winner's bid didn't appear as $8.
Jeremy
<< <i>Wouldn't you have had to bid $8.50? This is one bid increment more than the winner who placed his/her bid earlier. >>
The bid increment only applies to outbid a current high bid. On a snipe that forces the proxy bid to the precise maximum, one can win by even just a penny.
Russ, NCNE
his max bid coulda been 500 bucks for all we know !
just sold some 2 dollar bills and the high bidder and the underbidder were the same person !
all that says is they wanted the item badly and they didnt think the underbid would hold, so they were more than willing to go higher.
Proof
<< <i>his max bid coulda been 500 bucks for all we know ! >>
No. If it were, he'd have won by one bid increment.
Russ, NCNE
Check out a Vanguard Roth IRA.
I read the auction description and thought you were buying a doll for a second there. Yikes.
<< <i>not true ! his earlier bid only had to match your high bid ! >>
I get the impression that you may not understand how the eBay bidding system works. If his proxy were higher than $8.00, it would automatically have bid one additional increment, since my max was also $8.00. He won only because his maximum bid was placed before my maximum bid.
Russ, NCNE
the bid increments change as the bid increases,when you are low it may be only a penny !
Proof
<< <i>This is new to me, outbid at the same price. >>
Yeah I have had that chit happen to me too!
Auction
The underbidder (who bid FIVE TIMES - don't you hate people like that?) didn't realize he could have taken me out with one more bid when the bid "increment" only jumped by one dollar (and not $25 bucks). I was a sitting duck and won!
Here's the eBay bid increments:
eBay Bid increments
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Russ, NCNE
Wait until you receive the coin in the mail.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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<< <i>if his max proxy bid was 10.00 or even 8.00 he wins because he made the earlier bid.
the bid increments change as the bid increases,when you are low it may be only a penny !
Proof >>
If his max proxy bid were $10, when Russ bid $8, the winner's bid would have been raised to $8+ the increment, or $8.50.
Only if his max bid was below $8.50 would he win by less than an increment over Russ' bid. In this case, they tied, so the bid was brought to the winner's max, and he won because he bid first.
Say, though, for example, the winner's high bid was $8.07. When Russ bid $8, the winner's bid would have been raised as high as possibly above Russ' such that it didn't go over his max, and it was less than one increment... he would have won at $8.07.
Jeremy