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Reply to "The snipe that really didnt work correctly"

Panther,

It’s true that one need only bid an additional increment over the current winning bid to have the bid “placed”. It’s also true that once that increment is reached, that bid need be only 1 penny higher then the second highest bidder to win. BUT, should that winning bid be MORE then 1 penny, then the bid will be increased UPTO the next increment.


If High Bid Had Been          Closing Price Would Have Been
1301.02                       1301.02
1301.03                       1301.03
1301.04	                     1301.04
1305.00                       1305.00
1326.00                       1326.00
1326.02                       1326.02
1400.00                       1326.02


If it turns out that the high bid was $1326.00, then something is screwy, but it’s screwy at ebay and not at AS. Even if AS did do something screwy, it would have been ebay’s responsibility to unscrew it.

I'm curious how this shakes out.

Sounds like we agree on my above chart - it's just the winning bid amount that seems to be confusing, or in question.
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