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P3D Re: eBay bidding vs reserve price

  • From: Michael Kersenbrock <michaelk@xxxxxxxxxxxx>
  • Subject: P3D Re: eBay bidding vs reserve price
  • Date: Tue, 14 Dec 1999 10:44:11 -0700
Ronald Beck wrote:
> 
> Hello all,
> Unless the rules have changed recently, for eBay, your proxy bid is only
> raised whenever someone else bids on an item.  You do not "compete" with
> the seller's reserve price. 

If: you are the only bidder, the starting bid is $1, and you bid $100... and
the result is you being the leader with a bid of $1, then you know you
did not reach the reserve.  If the winning bid is anything else, then
THAT number is the reserve.

Mike K.