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 Replies: 13 / Views: 2,255 |
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Rest in Peace
United States
1738 Posts |
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Bedrock Of The Community
12628 Posts |
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Nope. I do notice that 50% of that persons bids are with that seller which always raises red flags for me. Still, I cannot explain the bidding up of oneself. |
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Pillar Of The Community
United States
565 Posts |
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Only the seller can see certain automatic bids. |
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| Edited by Ciletaliph - 09/04/2017 2:37 pm |
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Valued Member
United Kingdom
185 Posts |
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There was a reserve on it so the bidder increased bids until the reserve was met. |
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Rest in Peace
United States
1738 Posts |
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How do you know there was a reserve?
This particular seller always starts his lots at $1.00.
Check his "see other items."
Plus, I've been buying from him for a year now, and have never seen his lots with a reserve, even the rarities.
Jim
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Valued Member
United Kingdom
185 Posts |
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Valued Member
United States
367 Posts |
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Quote:
How do you know there was a reserve? Because otherwise the bid amount would have stayed at $1. |
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Valued Member
United Kingdom
185 Posts |
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Rest in Peace
United States
1738 Posts |
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Gotcha, thanks.
Missed that.
This is the first reserved lot from this seller.
Jim
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| Edited by James Drummond - 09/04/2017 3:35 pm |
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Pillar Of The Community
1151 Posts |
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Pillar Of The Community
United States
2830 Posts |
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Valued Member
United States
333 Posts |
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I don't understand a reserve. If you have a minimum price in mind, why not just start the bidding as that amount?
Don |
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Rest in Peace
United States
1738 Posts |
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Hi Don, I believe that ebay charges their fees based on your starting price. So if you start your lot at a low amount, but will only actually sell it if the bidding reaches a certain amount, you'll pay less in fees than if you started your lot at a higher amount. Thus the reserve. Anyone feel differently, please let us know. Jim |
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Pillar Of The Community
Canada
707 Posts |
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People have a reserve price so it won't sell cheap by auction, but pay to have that reserve whether it sells or not. Usually, reserves are not a good idea as they cost the seller money.
Smart people will list at the minimum they will accept at no fee and if it does not sell, will pay no fees on the no sale.
If someone bids over their starting price, then they will pay FVF's on the sale. |
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| Edited by dutchman1948 - 09/05/2017 11:41 am |
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Replies: 13 / Views: 2,255 |
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Posted 09/04/2017 2:09 pm
