Tableware sets

Sorry to disagree, Komo. #2108 had to have a higher proxy bid than $50.87 but would have to be well over five thousand to kick in to $5,087.00 when 319 (mistakenly) put in the $5,000.00.

Also, no matter what 2108 had as his highest bid, I believe we would all agree that eighty seven dollars is a pretty odd pre-set increment.

 

Many years ago, when I was selling off my old Barbie stuff for a small fortune, received a panic-filled email from a bidder, asking me to cancel the auction for a small item that I'd expected to sell for around $10.00, because she'd misplaced her decimal point, $1500.00 rather than $15.00. Wouldn't have been a problem except that another bidder had bumped it up to over $1200.00 before she stopped bidding - it was right before the auction was ending, but eBay managed to remove the mistaken proxy bid. The other bidder won the item for $11.75 - when I emailed her, asked why she'd bid it up so high, she said if someone else wanted it that badly, it must be valuable, the only reason she stopped was because her husband insisted...

~Cheryl

 

HI, Cheryl. Best reason to dislike eBay.

They do nothing when needed and go all out to lose a seller over a thousand bucks.

Did you submit a complaint?

 

Old Guy - it was an honest mistake, I would have cancelled the sale if it had gone through, and I just thought the other bidder, who won several more of my auctions, was very sweet, but kind of an idiot (there were more of the item available, some in better shape)...

~Cheryl

 

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Bidderi***i( 2109) US $5,087.00
Jul-21-16 18:51:43 PDT

This is the only automatic bid from that auction......

so...both high bidders messed up TWO decimal points.....I guess it could be.

 

This is the same item (looks like the value hasn't changed much), but mine had wear from my 'polishing' it...

http://m.ebay.com/itm/Barbie-Doll-H...3A99aefe6b1560a6a5ed0fbcd3ffef5fed%7Ciid%3A17

~Cheryl

 

Cheryl, I was really, sorta, just kidding. But, what would have happened if the second bid stuck? First wouldn't have to rescind her bid, and you would have collected $1,200. Providing, of course, they paid. I had one high bidder on three items simply ignore all requests for payment. All bids same day, beating other bidders, but I'm assuming with no intention of paying. eBay got involved but did not even temporarily suspend him, because all bids were placed at the same time and on one seller's items.

Komo, every single bid I place, except Buy it Now's, are from an outside sniping firm. There is no indication of an "automatic bid." And, of course, if a bidder wants to sit there until the last few seconds, no indication either.

 

well i guess i was wrong..

 

Old Guy - There were multiple bids by the last bidder, starting in small amounts, escalating to $100.00 bumps, and the mistaken amount bidder was frantic watching it go up - I am sure the high bidder wouldn't have paid, and I just wouldn't take advantage of a situation like that. My only thought of lost money was in that if the price hadn't gone so sky-high, I might have had other bids that would have raised it a couple of bucks. This was probably 15 years ago, when eBay pretty much stayed out of disputes, so was happy that it worked out...

My ex, when we had dial-up and sniping often failed, did once try the 'outrageously high bid' snipe, fortunately someone else with a faster connection and the same idea put in their own stupid high bid which topped his - the winning bidder did renege, because a 'second chance' offer was sent to the ex, he countered with a reasonable offer, and was deservedly turned down (I felt bad for the seller)...

~Cheryl

 

All this talk makes me realize just HOW much I have to learn! Not only about items, but about getting them to people who may want them! I spent forever today going through stuff I dropped off at my MIL's extra garage, and of course after one box my phone was dead because of all the googling I was doing! Unless it had a blatantly obvious sticker indicating it was new, I had to look it up! I ended up leaving quite a bit of furniture in the house as well due to the fact I just didn't have the time to get it out. Cannot wait until hubby gets me a truck! Cramming everything in to the back of my jeep carefully is difficult and time consuming!

 

Cheryl, thanks for expanding on that, which reminds me of what I consider real dumb bidding.
Why does a bidder put in one number, not accepted because too low!
So they raise it. OOPS! Still too low.
So they raise it again, etc. etc.
Why not just put in ONE FIGURE THAT YOU FEEL IS FAIR?????????????
OK with two people on a bidding war, but when you're alone, just trying to beat the current bidder........................................................................................

Re: the other situation
"the winning bidder did renege, because a 'second chance' offer was sent to the ex, he countered with a reasonable offer, and was deservedly turned down (I felt bad for the seller)..."
There's one reason he is now "the ex."

I remember one similar, sitting at work and bidding on an eBay piece a friend a thousand miles away was competing for. We both knew who we were bidding against and were having fun for about three hours. Unfortunately I won at a pretty high price.
A few months later we happened to meet in the middle at a live auction. The same item came up and he let it go for almost half what I had paid.
He (nicely, with a smile) refused to tell me why. I could only guess he found another one at a good price in between those two auctions.

 

That always confuses me, too. Why not just put in one amount? I have seen people put in many bids, one after the other, trying to go higher than the one person who already bid.

 

I believe we would all agree that eighty seven dollars is a pretty odd pre-set increment.

Not really. It is what I would bid if I wanted the item (I am assuming the real figure is $50.87 as the intended bid.)

I see an item and think I'd pay $50 for that!

But, I know a lot of other people, or even only one, would also see a $50 item. So if I am not really keen, as a matter of routine, I would place a bid a small number of cents above the round number. In this case 87 cents should not only take out all the 50 dollar bids but also all the clever people who bid a bit over thwe round $50 but under $50.87.

I might go as high as a whole dollar and some cents above the round number bid if I was keener, very keen and I'd simply make a higher bid, but I would always include a small sum over the round number. Just one cent is all you need to beat a round number bid.

 

AF.I agree with that reasoning 100%. That's how I always bid. Sometimes going all the way to .99. Then thinking that's kind of dumb, why not add a penny to the extra dollar and maybe another 87 cents.

Somewhere along the line I thought I had commented on an odd increment. I didn't mean from a bidder. I meant for eBay having set that as the next required increment.

 

The next increment can be 1 cent if a $50 bid is topped by a $50.01c. bid. When it comes to being beaten by an earlier bid, bid increments are not relevant,

 

IMHO, minimum increments are set by the auctioneer, or as in this case, eBay.

If I place a max bid of $50.01 and it shows as $47.50, eBay will show the minimum increment the next bidder must place. In that case maybe $2.00. But if you bid $49.50 my bid will be shown as $50.01, beating yours.

So my earlier $50.01 beats your new $49.50. But you cannot bid $50.02. Nor can you bid $50.25 or even $50.50. The minimum increment is shown, and in this case would likely be $52.01.

No auctioneer sets a one cent increment. The increments are also increased as the price rises, e.g. $1 on a $20 current, $5. on a $50 current, $10 on a $100 current and so on.

 

When it comes to being beaten by an earlier bid, bid increments are not relevant,

You are correct in what you say, but I referred specifically to the situation where you can be beaten by 1 cent. Indeed, by an identical bid if it was placed first.

 

I'm trying to absorb all of this e-bay wisdom, as I'm hoping to start listing things to sell over the winter. I will need to decide between e-bay and etsy, I guess. Mostly smalls, both vintage and antiques. And books, tho that's a different topic. Can anyone steer me to a solid resource to help me learn and make a good decision?
Thank you in advance.

 

Yes, Af. I hear what you're saying and don't disagree.

But we are looking at it from two different perspectives.

If eBay set the minimum increment at $1.00 then I cannot offer less than that.
That, for you, at one cent higher than me, (you bid OVER the minimum increment required.) means you remain high bidder and could win. You did not win by ignoring the required increment. Nor did you set a new required "increment." You won by adding to it.

Whether or not I become the high bidder has no relationship to preset increment. But I have to adhere to it with every additional bid I make. If I don't get it I can up my bid once or 22 times in a row and still not beat your original hidden bid. UNTIL I get to the magic number of your highest bid PLUS the currently required increment.

There never was a one cent required increment. So it is, IMHO not recognized as such.

 

That question I am very anxious to see answered. It might change my mind IF some convince me books are worth listing - at more than 25 cents.
It might change my mind IF some can convince me Etsy has a larger audience and quicker turn around.
Maybe, just maybe///////////// , can Etsy produce a larger profit than eBay?

I spend more time researching current and completed items matching mine than I do preparing the actual listing.
I like auctions cause they're fun. Love to wake up to 5 bids and 12 watchers. Even though I really haven't woken up yet and am still dreaming.
If real, usually 11 of the watchers have one they want to list and are here to find out what mine sells for.
I must admit that I'm usually successful with 7 day auctions. And DAM it, they do seem to do better if they expire between 6 and 7 PM PST.
I used to love BINs, sometimes with OBO. Usually not OBO. List it for 30 days with auto renewal. Most often it sells within 60 days. Little effort, decent profit.

So, I am definitely going to enjoy the answers. And, JFTHOI, how many of the 1,500 or so members are currently selling on that often scrambled name with the e, y, a & b in it.