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eBay Reserve Price Question

If a seller sets a reserve price of, say, $100 and I put in a maximum bid of $125 and the second highest bidder has already bid $50. Then does eBay immediately up my bid by $50 and I would win the item for $100 (assuming no more bids) or does it limit my bid to the next increment over $50 and the auction ends without a winner? If eBay does increase my bid to the reserve price then when do I know? Does the bidding history show an immediate jump from $50 to $100? If so, then do I know whether the increase happened because the second highest bidder's maximum bid was a little under $100 which is what would happen in a non-reserve auction or do I know it was because of the reserve price. I know the auction will indicate that the reserve price has been met. If my maximum bid was $75 then what happens? I'm not a big fan of auctions with reserve prices. If $100 is a seller's minimum price then start the bidding at $100. I'm always a bidder and never a seller so maybe there's a perspective that I'm missing. I'm not so much complaining as curious as to how reserve auctions work.

Messages In This Thread

eBay Reserve Price Question
Unless it has changed, you lose the auction
Re: eBay Reserve Price Question
I Will NEVER Bid on a Reserve Auction..
Re: I Will NEVER Bid on a Reserve Auction..
Back in the old days...
Re: eBay Reserve Price Question
Hmmm. You're probably right
I once attended a Real Estate auction where all
Re: I once attended a Real Estate auction where al
Re: Reserves common in Mecum Auto Auctions

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