Someone slipped a bid in with a date 1 day before the end of the auction

...you want to use your bid analysis program here?

Jabbergah                                                    

Sounds like a proxy bid to me.


to our A S forum!

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.              v2.1.02
* = Winning bid. (may be less than actual maximum entered.)
 
                    Max                       Current Winning
 #    BIDDER        Bid      Day & Time        Bid  &  Bidder
                   (US $)
  1   rcnlan        50.00   04-Feb  16:10:12   30.00   rcnlan       
  2   burb02        51.00   06-Feb  18:28:51   51.00   burb02       
  3   richlars      52.00   07-Feb  17:29:50   52.00   richlars     
  4   rcnlan       *56.00   07-Feb  18:58:24   53.00   rcnlan       
  5   lewisahale    55.00   08-Feb  16:17:00   56.00   rcnlan       

eBay uses a bidding system called a 'Proxy' bid. You enter your max, but eBay only uses enough of that max to stay in the lead. If you had gone over the other bidders max you would have won, but you didn't. Max bids are not displayed on eBay, only the 'current winning' bid, or amount needed to win.

In line 4 rcnlan's bid could have been $100 or more, we will never know for sure. Only sure thing is, it was $56 or more.

>> Click Here << to learn about 'Proxy' bids.



[This message was edited by Puppy Raiser on February 09, 2004 at 03:23 PM.]

Even though you sniped the auction, there was already a higher bid than yours. You did not know the bid was higher, because eBay only shows the amount needed to keep someone the high bidder.

For example, if during an auction I bid $100 on an item and the second highest bidder bid only $32, then I will show as the high bidder for $33 (one increment above the next-highest bid of $32). You see only $33 of my bid, but my actual bid is much higher. Along comes a third party, who bids $44. This raises my proxy bid to $45, so now I show as the top bidder at $45. At the last second a sniper comes in and bids $80. This raises my bid like the others, but my earlier bid of $100 holds, and I end up winning the auction for $81, one increment above the next-highest bidder. No one will ever know that I bid $100; they see only $81.

That is what happened in your case. Remember, it is not the last bid who wins, but the highest.

Thank You for the lesson. That now explains why I keep seeing one person bump a bid multiple times. Where it looks like the bidder placed 5 bids one right after the other. I guess when I see this I can assume that someone is sitting on a Bid Proxy. I'm shocked that some hacker has not come up with a back door to see what the proxy bid is posted at.

Lewis

I have also noticed this on bids that I've watched or bid on and have always figured that the auctioner felt it wasn't high enough and put a phoney bid in some how but I've seen a difference of 5 and 6 days not just 1 so this is not a proxy and also no prior bids from same person.

If you would like, provide an auction # and I'll make a table for it.
It's often confusing because eBay displays bids in amount order.

Damit,

Why Thank you Mrs M

Hey Damit,
I thought Mrs M was using a cuss word then I will try not to use your name in vain.

Welcome Aboard the board

Lexie

Damit, you're welcome!....gads, this could be fun!! LMAO!!

Damit! Hope to see you here more often

Lexie

Damit, Damit.

see what you started!

Puppy, are you stuttering again?

Awww Damit!! No offense meant here

Lexie

All in Fun

Lexie