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I placed a max bid higher than the one AS submitted on my behalf, and the item didn't sell because the reserve was not met. I was high bidder, with five second lead. Why didn't AS keep bidding against the seller's reserve, until my max bid was reached? Was it because there was no time, or do I misunderstand the process? I strongly suspect the reserve was within my max.
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quote:
Originally posted by hollandv:
Now I get it. My max did not meet the seller's reserve, so it didn't show up as a bid -- only the increment that exceeded the previous high bidder's.
You get it.


quote:
Originally posted by hollandv:
Seems a strange way for eBay to handle it
Maybe yes; maybe no. I think the logic is why show the top bidder’s bid unless it’s necessary. Should the auction be re-listed, the other bidders would know what the top bidder bid, which I wouldn’t want if I were the top bidder. Also, it might be a bit of a downer if it’s re-listed, in that it might inhibit bidders. Having less insight into the reserve price might be part of what encourages bidding. We’ve all seen people do some strange things in the “heat of auction”. Don’t know if that’s the logic behind; just my guess.

It’s a little like poker; if you want to see the high bettor’s hand, you have to call their bet (kind of a stretch for an analogy).
Well, sometimes the goal, when the opposite gender is around, is to be less encumbered by clothing. The “loser” in that game might just be the “winner”, depending on his or her hand or hands.

There is another thought about reserve auctions and the top bid; it’s consistent with other auctions. In non-reserve auctions, the top bid isn’t shown; only that amount required to reach the next increment. It might have something to do with exciting proxy bidders (they are so easily stimulated).

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