Thread: E-Bay question
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gprsh924 gprsh924 is offline
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Join Date: Oct 2005
Location: Hinsdale, IL
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Quote:
Originally Posted by Dottore View Post
OK. But I suspect—I could be wrong—that it will sell for significantly less than I might be willing to pay for it. (It has a unique value to me—and possibly not to other bidders.)
Let's say that you put your maximum bid in and it was higher than anyone elses. The price would not jump all the way up to your maximum, but would only go as high as necessary to be the highest. (ie. price is $25, you bid a max of $100, the previous high bid was $30, you will now be winning the auction at $31. If someone comes back and bids over that $31 price, ebay automatically re-bids for you to keep you in the lead up until your $100 max bid price is reached)

Let me know if you followed that somewhat confusing example.
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