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  #1  
Old 12-03-2022, 11:30 AM
deweyinthehall deweyinthehall is offline
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Default eBay bidding - Irregularity?

I was bidding on this 1978 sheet - a bit beat up, but good enough for my needs (have 4, need 2).

Check out the bidding history - I bid $150, then someone else bid $150 and won it. Even if his high-bid was greater than $150, it would have to have sold for at least $151 or something right?

I've never seen something like this, so I'm wondering whether anyone can help explain what may have happened.

https://www.ebay.com/bfl/viewbids/22...p2047675.l2565
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  #2  
Old 12-03-2022, 11:35 AM
Rrrlyons Rrrlyons is offline
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He bid 21 seconds before you
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  #3  
Old 12-03-2022, 11:53 AM
deweyinthehall deweyinthehall is offline
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Argh!! The bids aren't listed chronologically!
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  #4  
Old 12-03-2022, 04:39 PM
Gorditadogg Gorditadogg is offline
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Then when he saw his bid was maxed by yours, he bid again.
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  #5  
Old 12-04-2022, 03:47 PM
raulus raulus is offline
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Sadly, its simply the eBay rule around minimum bid increments, and who wins if you both bid the same amount (spoiler alert: the first bidder wins). I assume that you were probably using a sniping service with multiple servers, like Gixen, which is why you have two bids at the same time for the same amount.
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Trying to wrap up my master mays set, with just a few left:

1959 Bazooka Complete Box
M118 (PSA calls it 1963 Baseball Magazine)
1968 American Oil left side
1971 Bazooka numbered
1971 Bazooka numbered complete panel
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  #6  
Old 12-04-2022, 05:01 PM
smallstocks smallstocks is offline
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I never bid in round prices. For example, I would have bid $150.11.
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  #7  
Old 12-04-2022, 06:19 PM
raulus raulus is offline
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Quote:
Originally Posted by smallstocks View Post
I never bid in round prices. For example, I would have bid $150.11.
The only problem is that the bid increment at this level is $2.50, so you would have still lost if your bid came in after the $150.00 bid. You would need to bid at least $152.50 to have won.

I do find myself sometimes fretting over this bid increment rule, where I’ll go to $155, and then I’ll worry that someone else is doing the same thing, so I’ll go a little higher, and then higher still. Next thing you know, I’m up around $185!
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Trying to wrap up my master mays set, with just a few left:

1959 Bazooka Complete Box
M118 (PSA calls it 1963 Baseball Magazine)
1968 American Oil left side
1971 Bazooka numbered
1971 Bazooka numbered complete panel

Last edited by raulus; 12-04-2022 at 06:19 PM.
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  #8  
Old 12-04-2022, 08:08 PM
jayshum jayshum is offline
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Quote:
Originally Posted by raulus View Post
The only problem is that the bid increment at this level is $2.50, so you would have still lost if your bid came in after the $150.00 bid. You would need to bid at least $152.50 to have won.

I do find myself sometimes fretting over this bid increment rule, where Ill go to $155, and then Ill worry that someone else is doing the same thing, so Ill go a little higher, and then higher still. Next thing you know, Im up around $185!
If I'm looking at the bids right, since the OP initially bid $130.00 (9:06:18) the max bid would have shown as $132.50 when he was outbid (9:08:30) so he would have seen a next bid of $135.00 as the minimum required amount (since the max bid of $150.00 by the other bidder wouldn't have been seen). In that case, a bid of $150.11 (at 9:08:51) would have made him the high bidder until the other bidder placed another bid at 9:14:06.
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  #9  
Old 12-04-2022, 10:31 PM
raulus raulus is offline
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Quote:
Originally Posted by jayshum View Post
If I'm looking at the bids right, since the OP initially bid $130.00 (9:06:18) the max bid would have shown as $132.50 when he was outbid (9:08:30) so he would have seen a next bid of $135.00 as the minimum required amount (since the max bid of $150.00 by the other bidder wouldn't have been seen). In that case, a bid of $150.11 (at 9:08:51) would have made him the high bidder until the other bidder placed another bid at 9:14:06.
Must be we’re reading it differently.

I’m seeing that both bidders bid $150.00 at the last minute. The losing bidder (1678) bid twice at $150.00, but only after the winning bidder (1436) had already bid $150.00.

If I remember correctly, when there are interim bids, they don’t actually show up in the detail, which may be why it seems like some of the detail gets skipped. Ultimately, the last bid from each bidder are the only ones that matter here.
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Trying to wrap up my master mays set, with just a few left:

1959 Bazooka Complete Box
M118 (PSA calls it 1963 Baseball Magazine)
1968 American Oil left side
1971 Bazooka numbered
1971 Bazooka numbered complete panel

Last edited by raulus; 12-04-2022 at 10:31 PM.
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  #10  
Old 12-05-2022, 05:27 AM
jayshum jayshum is offline
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Quote:
Originally Posted by raulus View Post
Must be were reading it differently.

Im seeing that both bidders bid $150.00 at the last minute. The losing bidder (1678) bid twice at $150.00, but only after the winning bidder (1436) had already bid $150.00.

If I remember correctly, when there are interim bids, they dont actually show up in the detail, which may be why it seems like some of the detail gets skipped. Ultimately, the last bid from each bidder are the only ones that matter here.
If you choose the 'Show automatic bids' option, it's a little clearer what is going on. You can see there is a bid of $132.50 because that's all that was needed to beat the high bid at the time which was $130.00, but the actual high bid made by the winning bidder was really $150.00. When the OP bid again (since he was no longer winning), he would have seen the high bid as $132.50 (since the max bid is not shown) so would have only had to bid $135.00 even though that would also have been beaten by an automatic bid. Since he bid $150.00, the 2 bids were tied so the first one to bid that amount was still the high bidder. Then, the winning bidder made another bid which shows as $150.00 (since he was still high bidder, he didn't need to raise the high bid) but would have really been higher if someone else had bid again.
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  #11  
Old 12-05-2022, 03:26 PM
raulus raulus is offline
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Quote:
Originally Posted by jayshum View Post
If you choose the 'Show automatic bids' option, it's a little clearer what is going on. You can see there is a bid of $132.50 because that's all that was needed to beat the high bid at the time which was $130.00, but the actual high bid made by the winning bidder was really $150.00. When the OP bid again (since he was no longer winning), he would have seen the high bid as $132.50 (since the max bid is not shown) so would have only had to bid $135.00 even though that would also have been beaten by an automatic bid. Since he bid $150.00, the 2 bids were tied so the first one to bid that amount was still the high bidder. Then, the winning bidder made another bid which shows as $150.00 (since he was still high bidder, he didn't need to raise the high bid) but would have really been higher if someone else had bid again.
Interesting! Thanks for walking through that detail. Always exciting to better understand the process.
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Trying to wrap up my master mays set, with just a few left:

1959 Bazooka Complete Box
M118 (PSA calls it 1963 Baseball Magazine)
1968 American Oil left side
1971 Bazooka numbered
1971 Bazooka numbered complete panel
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  #12  
Old 12-05-2022, 08:27 PM
Gorditadogg Gorditadogg is offline
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Nicely explained, Jay. Did you have a career in teaching?
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  #13  
Old 12-06-2022, 05:15 PM
jayshum jayshum is offline
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Quote:
Originally Posted by Gorditadogg View Post
Nicely explained, Jay. Did you have a career in teaching?
Never was a teacher but I did do a lot of tutoring and also application training when working in IT.
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  #14  
Old 12-06-2022, 06:12 PM
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JollyElm JollyElm is online now
D@rrΣn Hu.ghΣs
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Quote:
Originally Posted by jayshum View Post
Never was a teacher but I did do a lot of tutoring and also application training when working in IT.
But I did stay at a Holiday Inn Express last night.
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