Archived posting to the Leica Users Group, 2000/12/23

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Subject: Re: [Leica] Re: Bidding on eBay
From: Martin Howard <howard.390@osu.edu>
Date: Sat, 23 Dec 2000 17:06:09 -0500

Stanley E Yoder jotted down the following:

> Not necessarily. If your max bid is $100 and someone then bids $100.01,
> they will be high bidder, even though the penny is less than the
> increment. IOW, the increment is effective only for the automatic proxy
> upbidding-to-max, yes?

Not as I understand it.  You cannot enter manually a bid which is less than
the minimum allowed bid.  The minimum allowed bid is the current maximum
bid, plus the minimum bid increment.  So, eBay's web page would not accept
$100.01 as a valid bid on an item which currently stood at $100 and had a
minumum bid increment of more than 1 cent (which, at that price, it would
have).

M.

- -- 
Martin Howard                     | Armored with good intentions and
Visiting Scholar, CSEL, OSU       | ignorance, one is impregnable to
email: howard.390@osu.edu         | learning.
www: http://mvhoward.i.am/        +---------------------------------------

Replies: Reply from Dennis Painter <dpainter@Bigfoot.com> (Re: [Leica] Re: Bidding on eBay)