Memory lane's Autobid

[Leon]

It doesn't. As I said after my first post, ML might let you take every spot as a max bid, but in my experiences, from what I remember, it's every other one at other places. I don't care very much one way or the other. The highest bid is going to win.

But to your thinking more, if you have a max bid of $1000....the bid increments are $100 ea ....the bid is currently at $300 and you have the up to bid of $1000. If I bid 400 then your bid would have to go to 500, not 400, usually. But you are saying ML will give YOU that 400 spot and not me?

Originally Posted by rainier2004

Leon - I guess I am missing where that says alternating spots...when I bid in this ML auction I go every spot up to my max and had to recheck it...

[rainier2004]

Originally Posted by Leon

It doesn't. As I said after my first post, ML might let you take every spot as a max bid, but in my experiences, from what I remember, it's every other one at other places. I don't care very much one way or the other. The highest bid is going to win.

But to your thinking more, if you have a max bid of $1000....the bid increments are $100 ea ....the bid is currently at $300 and you have the up to bid of $1000. If I bid 400 then your bid would have to go to 500, not 400, usually. But you are saying ML will give YOU that 400 spot and not me?

They give you the spot but the 400 bid would still bump it up $500. It only really matters and differs when placing the max bid. Most AH only OFFER every other slot, ML offers every slot. I suck at wording sometimes...

So in your scenario if I was high bid at $300 and wanted to raise my high bid, or auto bid, I could pick $400, $500, $600, etc. opposed to $500, $700, $900 like in other AHs.

[Rhotchkiss]

ML gives you every other sport, or at least you must top the next bid with your autobid even if you had the increment below. I guess that's normal but I really thought at least another major AH (REA, Heritage, etc, all of whom I have bought from), gave you every increment up to max bid, but I could be wrong (wouldn't be the first time). Thanks

[Snapolit1]

I thought you bought every spot too. If I bid $1000 and do max $3000 I assume if someone bids $1100 they tell that dude he has been outbid by a previously placed bid and move me up the ladder to $1100. And send me an email saying a new bid has been placed for me. I know that's how it works some places.

[Rhotchkiss]

That's exactly what I thought, but with ML not the case (not that it affects my participation in their auctions, as the current one is great)

[RedsFan1941]

Originally Posted by Snapolit1

I thought you bought every spot too. If I bid $1000 and do max $3000 I assume if someone bids $1100 they tell that dude he has been outbid by a previously placed bid and move me up the ladder to $1100. And send me an email saying a new bid has been placed for me. I know that's how it works some places.

please cite one. i know of no major auction house that specializes in sports cards and memorabilia that does this. every one I know of will accept the second bid (after someone elses max bid has been placed) and bump the already-placed ceiling bid (or autobid) to the next highest increment. that has been standard practice for decades. eager to learn about the exception(s).

[rainier2004]

Originally Posted by RedsFan1941

please cite one. i know of no major auction house that specializes in sports cards and memorabilia that does this. every one I know of will accept the second bid (after someone elses max bid has been placed) and bump the already-placed ceiling bid (or autobid) to the next highest increment. that has been standard practice for decades. eager to learn about the exception(s).

This is correct.

I used a poor choice of words. ML allows you to choose any slot for a high bid unlike lost AHs who only allow you the alternating spot like REA.