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Subject: Re: Collector's Corner..MB GM

Author: Mike Byrne

Date: 06:50:24 03/21/05

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On March 20, 2005 at 23:22:01, Bob Minge wrote:

>On March 20, 2005 at 22:41:19, Mike Byrne wrote:
>
>>On March 20, 2005 at 22:31:42, Steve B wrote:
>>
>>>>congrats , that was good price,
>>>
>>>
>>>i was not a bidder on this auction
>>>another member here won it
>>>
>>>
>>>
>>>
>>> we do know for sure  that the winning bid relected the top bids for both
>>>>bidders -> they both bid the exact same amount -- winnings bid that are tied
>>>>reflect the top bids from both bidders...230.03 would have won here by either
>>>>bidder ...
>>>
>>>not exactly..
>>>if the earlier bid was $250 with a MAX bid of say $300 and the later bid was a
>>>max of $250 then we will only see the two $250 bids
>>>the winning bidder could have had a higher max but it was not invoked because
>>>the second place bidder only maxed at $250
>>>we would not see the winning bidders max as this would mean he would have to pay
>>>that amount to the seller
>>>and noone pushed him higher then $250
>>>
>>>Best Steve
>>
>>you are mistaken, if some had bid $250, we would have one bid at 230 and the
>>next bid at $231 (or whatever the was next increment was)... in this auction
>>they both had bid $230 -- there is no doubt ... whenever a auction ends in a
>>tie, they bod had bid the exact same amouunt and the earlier bidder wins...
>>
>>
>>Ebay 101 ;>) Regards,
>>
>>Michael
>
>It only would have gone to $231.00 if the 2nd bidder had bid $230.01 or higher.
>As long as the bid is less or *the same but made at a later time* the original
>or winning bid does not have to go higher because it is still the winning bid.
>So we do not know if the winner had a higher max bid or not.


I stand corrected!  Once again Steve B  has shown that HE is the Ebay Master.

Corrected and Apologetic Regards,

Michael





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