[pure-silver] Re: buying photo stuff on ebay
- From: John Meyers <jmeyers102@xxxxxxxxx>
- To: pure-silver@xxxxxxxxxxxxx
- Date: Fri, 25 May 2007 05:14:45 -0700 (PDT)
As others have already said, most of the bidding
happens at the end of the auction, so it is very
common for a price to go way up in the last couple of
minutes.
There is no way for a seller to know what a bidder's
maximum bid is, so it is just coincidence that your
maximum of $100 happens to be what it sold for. (That
has happened to me too). I think $100 (or 200, 300,
or 50) is a common break point that many people use as
a highest bid so it is not surprising that other
bidders did not bid more.
John Meyers
--- Shannon Stoney <shannonstoney@xxxxxxxxxxxxxxx>
wrote:
>
> I hope this is not too (shamefully) off topic. I
> know a lot of people
> on this list shop on ebay for cameras, etc. Well, I
> just was doing the
> same, and I have a question. I had a bid in on an
> item, and my highest
> bid was $100, but for a whole day the price stayed
> at $66. I ended up
> "winning" the auction, but at the very last minute ,
> the bidding went
> up to my highest bid, $100.
>
> That made me a little suspicious. I wondered if a
> seller could get a
> friend to bid up an item. But then I thought: how
> would they know when
> to stop? They might by accident bid over my highest
> amount and end up
> buying the item. So, was this just bad luck? Or
> next time should I put
> in a lower highest bid? Or a less obvious highest
> bid, like $98?
>
> --shannon
>
>
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