P3D eBay auctions

["George A. Themelis" <DrT-3d@xxxxxxx>]

Rod Sage <rsage@xxxxxxxxxxxxxxxxxxxx> wrote:

>The reason I thought the reserve was $2500 is that the 
>bidding took a uge leap from $300 to $2500, which means 
>that either the reserve was $2500...

That's not correct Rod... If the reserve is $2500 and 
someone places a maximum bid of $3000 then the bid will not 
go to $2500.  It will go to the next increment, which might
be $301.  It will stay below the reserve unless if bidding
from two parties brings it above it.

>or the bidder who was at $300 actually had placed a bid o
>f $2450 or so, and then the next bidder took it up to the 
>next increment of $2500. 

I am sure this is what happened.  When I really want something
I place a high bid too.

>If the latter is the case then the reserve would have been $300
>or less which is doubtful.

No, it could have been $1000.  As I said, the minimum bid
does not automatically adjust above the reserve unless if
bidding from two parties brings it there.  So the reserve
in this case was between $300 and $2500 and we will never know
what it was.

George Themelis