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#1
06-24-2009, 08:14 PM
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my guess
First of all if it doesn't say to bid a specific increment then I would guess he/she would need to pay $200. If that is what the person wants to bid who am I to say? They could have bid $150.01 but they didn't. It is an ambigous way to do an auction and hopefully this thread will help this predicament not to happen. The board has pretty much said we don't want rules but should there be a few things as a sticky that need to just be said, such as ending time, shipping fees (at least if winners do or don't pay shipping) and bid increments? Just a thought to try to help. I am in no way favoring having any rules I am just throwing this out there as a possible solution to some things that really should be mentioned. regards
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#2
06-24-2009, 09:24 PM
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Pay What You Bid
You should pay whatever amount you bid. If bidder 3 bids 200, they pay 200. All bids can be seen. If bidder 3 didn't want to spend 200, he should bid the minimum above the current high bid. I can see lots of problems with your scenario.
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#4
06-24-2009, 09:37 PM
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Quote:
Agree. Otherwise you would get bids like. Bidder #1: $100 Bidder #2: $150 Bidder #3: $2000.00 Bidder #3 shuts everybody else out because the bids are public and wins the card for $152.00.
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