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eBay:  change in behavior for min bids with reserve?
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Post Posted: Mon Aug 08, 2011 2:27 pm 
 

I put some bids in on the Keith Traveller mss. last night, and ran into some odd behavior on eBay for the first time:

- I put in bids on all 5 mss.
- all of the mss. had minimum bids of $50 with various different BINs
- the first three of my bids were placed at the minimum amount, and the reserve was not yet met
- my last two bids were placed at the reserve amount, but higher than the minimum bids on the auctions:  this was very confusing to me, since I thought that the bids should have been entered at the minimum bid level (and would raise when I was outbid by someone who cares more about Traveller than I do ;) )

The net-net of the latter was that my bids were entered but were raised to be higher than the minimum bid on the last 2 items.  

Is this a change in eBay behavior from your collective POVs?  According to eBay, it's working as designed, but I haven't bumped into this reserve vs. min bid behavior before, and thought I should check-in for your expert opinions! :D


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Post Posted: Mon Aug 08, 2011 2:52 pm 
 

I am an ebay noob when it comes to grasping the bidding process. Until my patient wife kept pounding my brain with how auctions work. In the process, I realized something I hadn't before--the # of "Bids" is a false label. It is actually just the number of bidders.

Most likely, on the items you are concerned with, as soon as your bid was entered, another bidder bid over the minimum showing, which would have bumped your minimum up up up until the other bidder gave up. They do not have to outbid your max. to raise your min. just outbid the min. If they outbid your max. then they are max. bidder in control of the auction, until someone out max.s them.

That's how I understand it.


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Post Posted: Mon Aug 08, 2011 5:11 pm 
 

I think the way it works in the UK is that if you put in a bid of £60 and the minimum is £5, you'll bid that minimum so long as the reserve price is higher than £60, and you get a 'reserve not met' message. But if the reserve is £50, your bid goes in at £50 and you are the first person to have met the reserve price. It's been that way in the UK for a long time. The reason I picked such high figures in the example is that in the UK the minimum reserve price is £50.

That would seem to concur with the what you've described.


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Post Posted: Mon Aug 08, 2011 11:29 pm 
 

Ian's description is correct - that is how the reserve works.


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Post Posted: Tue Aug 09, 2011 1:13 pm 
 

Thanks guys:  I hadn't run into this before, was very puzzling to me (and, is still not very intuitive/user friendly IMO ;) )


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Post Posted: Thu Aug 11, 2011 8:05 am 
 

Sorry to hijact, but can't find the original eBay thread where this was discussed....

For those wanting to delete transactions from their purchase history, .fr has now been upgraded and the option removed, .nl still has the delete option.


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