Thread: Like Bidding Wars???

I noticed his switch also.

Something is hinky though. The winning bid was about $260 or so, I don't recall exactly. Yet the high bid had been $505. Even with the withdrawn bid the price should have reset to maybe $500. Ebay does not use your absolute walk away high bid, just enough to beat the current high bid by the bid increment, at that price is $5 or so? a bit less than $250 is missing with no explanation if I understand eBay bidding.

Originally Posted by Hawkeye5

I noticed his switch also.

Something is hinky though. The winning bid was about $260 or so, I don't recall exactly. Yet the high bid had been $505. Even with the withdrawn bid the price should have reset to maybe $500. Ebay does not use your absolute walk away high bid, just enough to beat the current high bid by the bid increment, at that price is $5 or so? a bit less than $250 is missing with no explanation if I understand eBay bidding.

You're right. I don't understand it. Also, according to ebay's stated policy a bid is a contract. So if the fellow with 681 bids had his 'wrong bid amount' in for days, sees an alternative item, and cancels his bid ...... that is B/S. Something is rotten in Denmark all the way round.

wow, i kept trying to find the results of that lifetime, i kept missing it coz i saw $270 so i kept brushing over it..
man what happened there ? very fishy
this has happened before a long time ago with another DD
i think it might've been a Goledge or Wonderedge and some guy bid $1000+ and then later didn't have to pay because he stated that he keyed in the wrong figure

It appears that all of that bidder's bids were canceled not just the highest one.

Hmm, that's a bit naughty isn't it. Should say, I'm not the seller but would be well-peeved if I were.

Originally Posted by AlanII

Hmm, that's a bit naughty isn't it. Should say, I'm not the seller but would be well-peeved if I were.

The seller shouldn't count the chickens until they're hatched. The other buyer in that bidding war is probably happy. One out of two ain't bad.

Originally Posted by gugi

It appears that all of that bidder's bids were canceled not just the highest one.

Agreed.

But if a high bidder opts to increase his bid it only increase the maximum for proxy bidding, not the actual high bid displayed. You don't bid against yourself, in other words your bid maximum will increase, but the actual bid amount displayed does not. There had to have been another bidder @ $500 that seems to have vanished. No way did the retraction of all bids by one participant drop the price from $505 to $270 in my opinion.

The $1000 bid on the DD was on one of Bob Keyes' razors. I talked to him not long after the incident. It was one of his regular customers and was a mistake.

Originally Posted by Hawkeye5

Agreed.

But if a high bidder opts to increase his bid it only increase the maximum for proxy bidding, not the actual high bid displayed. You don't bid against yourself, in other words your bid maximum will increase, but the actual bid amount displayed does not. There had to have been another bidder @ $500 that seems to have vanished. No way did the retraction of all bids by one participant drop the price from $505 to $270 in my opinion.

The $1000 bid on the DD was on one of Bob Keyes' razors. I talked to him not long after the incident. It was one of his regular customers and was a mistake.

Actually I think Ivan is right. In thinking about it ... if the two contestants drove the bidding to the $505 and the higher bidder withdrew from the auction, which he did, then both contestants bids would be canceled down to the point at which the fellow with 691 feedback had begun driving the price. He is now in contention in the other dd lifetime auction.

yes John, there was a bidding war between two bidders and when all the bids of one of them were canceled it went back to the pre-war $200

Originally Posted by Hawkeye5

The $1000 bid on the DD was on one of Bob Keyes' razors. I talked to him not long after the incident. It was one of his regular customers and was a mistake.

wow, good memory John
that's correct, it was Bob's DD that went over $1000
but the thing that puzzles me in both these cases is i've always thought the final push of the "ENTER" key was a binding contract and that you can't get out off it.
if it's so easy to get out, then i would guess that everyone could theoretically bid and not cough up with the dough?