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To: sheikdetailfeather
$100,099.99 is a very strange winning bid for eBay due to the eBay bidding rules. For instance, the $100,000 bid could have been a "proxy bid", with the bidder specifying a limit over $100,000, allowing eBay to raise his bid without conferring with him. it would be logical for him to specify $100 more, an even number.

In this case, the winning bid would have to be $100,100.01. When I bid on eBay, I always put in a few cents OVER a logical bid increment in order to take this into account. A few cents UNDER a logical bid increment makes no sense to me.

This makes me think the bidder may be fake since he doesn't understand eBay bidding practices.

33 posted on 12/21/2013 10:54:39 AM PST by norwaypinesavage (Galileo: In science, the authority of a thousand is not worth the humble reasoning of one individual)
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To: norwaypinesavage

The bidding on this auction was very strange.

The underbidder’s bid was $99,999.99, so at that level, the bid increment must be $100.00, so that explains the winner’s bid.

A lot of bids were either cancelled or retracted. I’m assuming cancelled bids were removed by eBay, and retracted bids were removed by the bidder.

The winner had a much higher bid in the system, so his effective bid dropped down when the competing high bid of $110K by m***p was removed by eBay (and that bidder’s account was closed).

The winner’s bids weren’t cancelled by eBay, so that indicates that eBay considered his bids to be legitimate, unlike many of the others.

That doesn’t guarantee that GZ will collect, but it sure helps, and I hope he does.


38 posted on 12/21/2013 11:26:42 AM PST by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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