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ebay question

coinkatcoinkat Posts: 23,836 ✭✭✭✭✭
my question is simple... you bid a coin and it does not meet the reserve, does the seller know what your maxium bid was or just the last high bid?

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Comments

  • RussRuss Posts: 48,514 ✭✭✭
    No, the seller doesn't know your max bid.

    Russ, NCNE
  • p8ntp8nt Posts: 2,947 ✭✭✭


    << <i>No, the seller doesn't know your max bid. >>



    Unless you were an underbidder.
  • slipgateslipgate Posts: 2,301 ✭✭
    just what the list bid was that was visible to everyone else. Even if his high would have gone over the reserve had their been other bids. That is why so many people have friends of theirs bid their reserve auctions up to the reserve. Some go way over to jack it up. Both methods of course are wrong. Some auction sites will automatically bid you over the reserve even if there are no other bids. Not Ebay.
    My Registry Sets! PCGS Registry
  • sweetwillietsweetwilliet Posts: 2,315 ✭✭✭
    No, the seller does not know your max bid if the reserve was not met and you were the high bidder. The seller does know, however, that your max was lower than his reserve. If your max meets or exceeds his reserve, then the auction automatically goes to the seller's reserve, even if you are the only bidder.
    Listen. Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
    Will’sProoflikes
  • TavernTreasuresTavernTreasures Posts: 1,262 ✭✭✭


    << <i>just what the list bid was that was visible to everyone else. Even if his high would have gone over the reserve had their been other bids. That is why so many people have friends of theirs bid their reserve auctions up to the reserve. Some go way over to jack it up. Both methods of course are wrong. Some auction sites will automatically bid you over the reserve even if there are no other bids. Not Ebay. >>



    On Ebay--Even if there are no other bidders, and the sellers reserve price is hundreds of dollars away from the opening price. As a buyer, if you place a bid and your high is over the reserve, you will automatically become the high bidder at the reserve price. The auction does not have to be bid up to the reserve.
    Advanced collector of BREWERIANA. Early beer advertising (beer cans, tap knobs, foam scrapers, trays, tin signs, lithos, paper, etc)....My first love...U.S. COINS!
  • sweetwillietsweetwilliet Posts: 2,315 ✭✭✭
    One exception: If your max bid was less than one bid increment more than the underbidder, the seller can logically deduce this was your max bid (true of a reserve or no reserve auction).
    Listen. Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
    Will’sProoflikes
  • coinkatcoinkat Posts: 23,836 ✭✭✭✭✭
    thanks for the responses...

    Experience the World through Numismatics...it's more than you can imagine.

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