Beat the Guy by One Penny!!! (eBay)

[Merkava_4]

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=250265418450

I bid $10.60, but I had no idea his max bid was $10.59. I almost feel guilty about it.

 

[wrenchr]

I used to have that one, lost in the move.

 

[Deafautotech]

wow... why would you need that catalog for???

 

[Deafautotech]

I used to have that one, lost in the move.

DAMN!!! you won first before i post!!! sorry to heard that you lost the snap on catalog while moved...

 

[dps]

I'm missin' something here; it says the winning bid was $10.59. And I don't think you can win an auction by a penny, can you? There are minimum bid increments that escalate, but aren't ever that low, or are they?...

 

[wrenchr]

wow... why would you need that catalog for???

They are neat to look thru, discontinued items and such!!

 

[paramudduck]

First highest bid wins. Guy had a max bid of 10.59. Merkavas previous 10.60 bid wims as his bid was under Merkavas. If he had bid 10.60 Merkava would have won as his bid was put in later.

 

[chad s]

I'm missin' something here; it says the winning bid was $10.59. And I don't think you can win an auction by a penny, can you? There are minimum bid increments that escalate, but aren't ever that low, or are they?...

You sure can win by a penny. Lets make a hypothetical example.


The item has an opening bid of $10, no reserve, and the bid increment is $1.

Bidder #1 bids a proxy bid of $15.55. There is now a bid, and the first bid shows as being $10.

Bidder #2 must bid at least $11, as thats the next bid increment. If Bidder #2 did bid $11, the high bid would now be $12, with Bidder #1 still high bidder.

Now, if Bidder #2 bids $15.56, he has well exceeded the bid increment amount, but he is still a higher bidder than Bidder #1, even though its by 1 penny, he is the high bidder, and if the auction ends that way, Bidder #2 has beat Bidder #1 by a penny!

 

[paramudduck]

You did a lot better job of explaining it then I could Thanks chad.

 

[chad s]

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=250265418450

I bid $10.60, but I had no idea his max bid was $10.59. I almost feel guilty about it.

Look at the history, you won by the bid increment, which was 50 cents, this auction was not won by a penny.

 

[Merkava_4]

Look at the history, you won by the bid increment, which was 50 cents, this auction was not won by a penny.

What was the guy's max bid then?

 

[Junkman]

What was the guy's max bid then?

His max bid was $10.09........ the opening bid was $8.00..... guess that you wanted this more than he did........... Junk...

 

[Merkava_4]

His max bid was $10.09........ the opening bid was $8.00..... guess that you wanted this more than he did........... Junk...

Thanks Junkman!!! It was a one shot deal because I wasn't going to bid more than $10.60.

 

[caper]

I remember having that catalog,used to save em every year,then the ex got mad about them being everywhere and they all seemed to vanish one by one.Eventually she was vanished from the house too.lol

 

[wrenchr]

I remember having that catalog,used to save em every year,then the ex got mad about them being everywhere and they all seemed to vanish one by one.Eventually she was vanished from the house too.lol

Better the catologs than your tools!!!

 

[chad s]

Thanks Junkman!!! It was a one shot deal because I wasn't going to bid more than $10.60.

Heres the bid history page:
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=250265418450

 

[Merkava_4]

Heres the bid history page:
http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&item=250265418450

Auhhh, I see now Chad ... I almost was going to bid $10 even.

 

[Fedwrench]

Auhhh, I see now Chad ... I almost was going to bid $10 even.

Never bid even, always have a few cents in there.

 

[Stuey]

Nice win. You should be more careful about giving away too much ebay info... it seems that there is a new ring of thugs who seek out screwdrivers to unpolish!

Hmm, what are your plans for the catalog? Finger through it and then put it in a comic book sleeve? (I'm not being sarcastic.)

 

[eschoendorff]

Cool stuff

 

[Merkava_4]

Hmm, what are your plans for the catalog? Finger through it and then put it in a comic book sleeve? (I'm not being sarcastic.)

It's got a lot of good out of production stuff in there. I needed it for the part numbers for eBay hunting.

 

[Stuey]

It's got a lot of good out of production stuff in there. I needed it for the part numbers for eBay hunting.

Ah, wouldn't have thought about it that way.

 

[chad s]

This is the catalog I want:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=270253486176&ssPageName=STRK:MEWA:IT&ih=017

 

[russlaferrera]

Auhhh, I see now Chad ... I almost was going to bid $10 even.

I thought we told ya....never bid with even money!!!