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Hi I'm a newbie and I am glad there is a forum for people like me. I just placed a successful bid on AC.I am trying to understand the process. The bidding started out at $5 then went to $11 and my bid through AC won at $11.50. I can understand $11 to $11.50 but don't understand Ebay's proxy bid from $5 (opening bid) to $11 (second bid). Are there are gurus out there that can explain this to this novice?
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The following table has been reorganized and sorted into date order.  First
bid placed is line #1.  That should make it easier to follow the auction.
Two additional columns have been added.  They are the current bid and high
bidder, as displayed on eBay after each bid is placed.              v2.0.4
* = Winning bid. (may be less than actual maximum entered.)
 
                    Max                       Current Winning
 #    BIDDER        Bid      Day & Time        Bid  &  Bidder
                   (US $)
 1   ricjac2        5.00   21-Jan  20:36:07    5.00   ricjac2 
 2   white_viper7  11.00   22-Jan  18:03:18    5.50   white_viper7 
 3   pumpkinfield *11.50   22-Jan  18:06:18   11.50   pumpkinfield 


Bid increments for 5 - 24.99 is $0.50

1. ricjac places a $5 bid on an auction with a $5 opening bid.

2. white viper places a max bid of $11. eBay only uses as much of that $11 as is necessary to stay in the lead. One bid increment above the previous $5 brings the current price to $5.50.

3. Your bid for 11.50 (or more) exceeded white vipers max so you won. One bid increment above his max of $11 is $11.50.

Until I saw the numbers on the bidding statistics you supplied me with (where and how do you get this information?) I can understand why I asked this question to begin with! To see the bidding results I click on where it shows the #of bids (ex:5 Bids) on the sellers page. That information doesn't show the current bid amount that your showing me. I only had the Max bid amount to view. This is where my question originated. Do you follow me?

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