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It means that if you would have bid $60.02 you would have won.

Someone else bid earlier than you for 1 penny more. And only 1 penny more. That's the only way to win on eBay by less than a bid increment. Bummer. I would suggest always bidding .01 or .02 such as: 60.02 or 60.27, 60.52,60.77

Nearly everyone bids exactly 60,60.25, etc and so you can often win by only a penny with that technique. As it appears happened twice to you today.

You're close though I'm sure you'll end up winning soon.

Thank you
But why does eBay accept an "overage" amount that is not high enough to reach the next bid increment? It would seem to me that if the item is at $59.00 and the bid increment is $1.00, a bid of $60.01 should register only as $60.00, with the extra penny disregarded as irrelevant. If you feel you need a tie-breaker, bid $61.00 or $62.00. If you're a seller who really loves pennies, make the bid increment $.01.

Oh well, time to change all my snipes to odd amounts . . .
Steve. That's not always the case. If the item is currently at say $30, but the current high bidder has a proxy bid of $60.01 and then you snipe $60.02 you win at $60.02. i.e. if the high bid is currently more than one bid increment below the high proxy bid of the auction they allow it.

TeeJay. They permit it because of the above. You are bidding more than a bid increment. The current bid is $30, proxy of $60.01 and you dont know the proxy is $60.01. So you think you're going to go bid and really wipe out their $30 bid by bidding $60.02 only to find out once your snipe goes in that their true high proxy bid was $60.01.

So in the scenario were the current high bid is more than one bid increment below the high bidders proxy eBay will let you win by less than a bid increment. Which is why it's always good to bid .01 or .02, most people bid even amounts and by bidding a penny more you'll sometimes sneak in a win that would be a loss.

Thank you
Thanks, Sara. I didn't know that. I'd like to point out that it always pays to enter the maximum amount you're willing to spend in setting up your snipe. There's absolutely no use in trying to play it cute by seeing how low you can get your snipe bid and still win the auction. If you bid your max you'll still win by just enough to outbid the other guy. Overkill is the name of the sniping game.

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