Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
03:03:08pm
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Some folks bid odd amounts to "one up" the competition. For instance, that $24.88 was likely someone trying to beat anyone who might bid up to $24, then put in another bid for 50-cents at the last moment. Your $25 bid juuuust cleared that $24.88 amount, so it held fast at $25. Had your max bid been $26, you would have paid $25.38 or $25.88 (depending on the bidding increments at that price level).
When you bid, and your max bid matches the current bid, but you still aren't winning, it's a dead giveaway that the other bidder has their max bid set for that amount (at the moment). That's when you've really gotta watch out, because the other bidder also knows YOUR max bid!
I see weird amounts like that all the time, and have used them myself occasionally for the same reason. And yes, I have been underbidder at the same price as the final value, simply because I placed the same bid after someone else did. First to pipe up has precedence.
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04:01:20pm
Thanks Tom, great explanation - exactly what I wanted. In case anyone is curious, the stamp was Nfld. #123, the last stamp I needed in the "Trail of the Caribou" series. $25 was a fair price for a really nice mint stamp. Thirty-four Newfoundland stamps left to go, about half of which are unaffordable, especially most of the early air mails!!
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This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!
15 Mar 2021
03:03:08pm
If I leave a maximum bid on an item on E-Bay, or any other auction site, and get the item and the under bidder put in the same bid as me, will the under bid in the bidding history show as the same as mine or the bid amount just under it. I should know this after all the items I have bid on, but I really can't remember if I have ever seen my same amount as an under bid. It must happen fairly often. I won an item last night at my maximum bid of $25 and the under bid was $24.88, which seems like an odd amount for someone to actually bid.
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re: just curious about something!
Some folks bid odd amounts to "one up" the competition. For instance, that $24.88 was likely someone trying to beat anyone who might bid up to $24, then put in another bid for 50-cents at the last moment. Your $25 bid juuuust cleared that $24.88 amount, so it held fast at $25. Had your max bid been $26, you would have paid $25.38 or $25.88 (depending on the bidding increments at that price level).
When you bid, and your max bid matches the current bid, but you still aren't winning, it's a dead giveaway that the other bidder has their max bid set for that amount (at the moment). That's when you've really gotta watch out, because the other bidder also knows YOUR max bid!
I see weird amounts like that all the time, and have used them myself occasionally for the same reason. And yes, I have been underbidder at the same price as the final value, simply because I placed the same bid after someone else did. First to pipe up has precedence.
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likes this post.
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This is my diabetic cat OBI! I think, therefore I am - I think! Descartes, sort of!
15 Mar 2021
04:01:20pm
re: just curious about something!
Thanks Tom, great explanation - exactly what I wanted. In case anyone is curious, the stamp was Nfld. #123, the last stamp I needed in the "Trail of the Caribou" series. $25 was a fair price for a really nice mint stamp. Thirty-four Newfoundland stamps left to go, about half of which are unaffordable, especially most of the early air mails!!
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