Evening all ! had a bid on a record tonight $55 and didn't win but the bidder who won got it for $55,

how the fook does that work ? Help !

Cheers

Swifty

did they bid earlier?

had the same thing happen to me this week

Hi Swifty,

The other bidder must have initially placed a bid of $55 or higher ( even if the 45 was sitting at say $9.99 say after his bid). You put your $55 bid on ( I presume late on) and his bid matched yours and was the 1st one to that price. FYI The incremental bid for $25 - $99.99 is $1.

The other bidder/s were all private and the one /Same? who won it bid earlier than I did, is that how it works ?

Cheers

Swifty

The other bidder/s were all private and the one /Same? who won it bid earlier than I did, is that how it works ?

Cheers

Swifty

yep I think so.

Hi Swifty,

The other bidder must have initially placed a bid of $55 or higher ( even if the 45 was sitting at say $9.99 say after his bid). You put your $55 bid on ( I presume late on) and his bid matched yours and was the 1st one to that price. FYI The incremental bid for $25 - $99.99 is $1.

Ah , I get it , DOH !

Hi,

IMHO Bid earlier or higher. It seems in this case both of you bid $55. If you had bid and extra $1 you would have won it (the increment value between $25 & $99.99), as $55 was the other bidders highest bid. You can tell this because

If the other bidders bid was higher (say $60) the final price would have been $56 (the one dollar increment).

Tip, bid earlier in $1 increments until you lead (or reach your limit) make your final bid your limit or 25% of price, You only have to pay $1 more than the last bidder, works for me.

Edited July 8, 201213 yr by sjclement

Bidding early can make that elusive find more visible!

Always bid odd figures, say $56.67 instead of a figure rounded down to nearest dollar, or $5 etc

The other bidders highest bid must have been $55 otherwise it would have incremented higher than your bid of $55.

Also, always bid in last few seconds (use a snipe site to be sure) and always bid your max amount that you are happy to pay.

Bidding early just pushes final price up and encourages any watching snipers to bid higher to allow for extra interest.

Only time to bid early is if the starting bid price is very low and/or seller seems unaware of true value/rarity of record due to poor description, or artist/title spelling mistakes etc

Bidding early may then prevent someone else offering seller a fixed price to take item off auction listings....in this case just bid same as starting bid price then put a snipe on for final bid amount.

Regards

Mace

Edited July 9, 201213 yr by Mace

Bidding early can make that elusive find more visible!

Not if you set your snipe..

Dave f........

Not if you set your snipe..

Dave f........

well, wasn't gonna mention that!

Always bid odd figures, say $56.67 instead of a figure rounded down to nearest dollar, or $5 etc

The other bidders highest bid must have been $55 otherwise it would have incremented higher than your bid of $55.

Great advice, always do that one!