From: hellsop_at_ninehells.com
Date: Fri Oct 28 2005 - 10:37:42 PDT
On Fri, Oct 28, 2005 at 10:31:38AM -0600, Norman Palardy wrote:
>
> On Oct 28, 2005, at 10:21 AM, Frank Gruendel wrote:
>
> > Hi folks,
> >
> > could somebody please shed some light on the following
> > issue (preferably within the next 10 hours)? Please reply
> > off-list.
> >
> > If there is an auction with a current bid of let's say
> > 50 USD, and the seller's reserve isn't met, eBay says
> > the current bit is 50 USD and the reserve is not met.
> >
> > If I now bid 100 USD, eBay tells me that this sum does
> > not meet the seller's reserve. So far, so good, but
> > after my bid the current bid is still 50 USD and not
> > my 100 USD.
> >
> > Puzzled...
> >
>
> Your bid has been refused because it's below the reserve
>
> The seller can set the starting bid which is probably the $50 you are
> seeing, but even that is still below the reserve
Yes, and Frank's $100 bid meets the starting amount and shows as $50.
His bid is good and will meet and exceed further bids up to his $100
limit.
> it allows the seller to establish a minimum opening big, but why they'd
> set t below the reserve is beyond me
Because a lot of sellers are dummies, or think their customers are
dummies. Bids below reserves aren't refused, it's just that ebay warns
the bidder that they can't possibly buy it at that price. If someone
else bids, the usual bidding stuff with the $100 bid and Frank being
the high bidder will happen until another person bids over the $100 and
become the high bidder.
--
I don't have a sense of humour, merely an over-exaggerated sense of revenge.
-- Stephen Harris
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