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pmondini Guest
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Posted: Wed Aug 12, 2015 4:37 am Post subject: Bid under asking price while my bid was higher |
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Hi to everyone, maybe someone can explain this to me please: I placed a bid for the object 381354349740 with the standard 6 seconds and mirror at 3 seconds, but the auction closed at 264 EUR saying that my bid was under asking price, while my bid in Gixen was of 357,10 EUR, how could have happened this?
Any help will be appreciated
Thanks |
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mario Site Admin

Joined: 03 Oct 2006 Posts: 7254
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Posted: Wed Aug 12, 2015 5:21 am Post subject: |
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See bid history - there was a retracted bid of EUR 600 that was retracted only 9 seconds before auction end.
I would contact the seller - it's in his own best interest to re-list and not sell at the closing price. That 600 bid prevented a lot of bids from being placed. |
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pmondini Guest
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Posted: Wed Aug 12, 2015 7:08 am Post subject: Bid under asking price while my bid was higher |
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Thank you for your superfast answer, you are right saying that there was an higher bid cancelled just 9 seconds before the end of the auction but gixen should have placed my bid 6 and 3 seconds before the end, just after the retirement of the fake 600 eur bid. So has gixen placed my bids some seconds before I programmed them?
Thanks again |
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mario Site Admin

Joined: 03 Oct 2006 Posts: 7254
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Posted: Wed Aug 12, 2015 7:16 am Post subject: |
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Placing a bid is a multi-step process, and only the final bid confirmation is done at 6 seconds before auction end. The first step in which low bids are declined happens much sooner, around 30 seconds before auction end.
This is necessary, as there is no time to do everything (sign in, pre-bid submission, confirmation) at 6 seconds before auction end. |
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Posted: Wed Aug 12, 2015 7:16 am Post subject: |
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pmondini Guest
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Posted: Wed Aug 12, 2015 7:54 am Post subject: Bid under asking price while my bid was higher |
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Thank you very much, very kind and clear |
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