bidding history

[sweetylang]

m***8( 555) US $6.55
Dec-13-12 19:43:58 PST

sweetylang( 20) US $6.50
Dec-13-12 19:44:25 PST

a***s( 81) US $4.05
Dec-13-12 17:53:15 PST

4***0( 43) US $3.00
Dec-12-12 19:32:07 PST

u***t( 26) US $2.59
Dec-12-12 10:36:21 PST

4***0( 43) US $2.00
Dec-12-12 19:32:02 PST

9***u( 144) US $1.50
Dec-10-12 20:04:15 PST


Starting Price US $0.99
Can you explain by what you see in this bidding history, why the final winning bid listed at $6.55? So if their highest bid was not .25 higher than my bid at 6.50 they dont need to win with .25 more?

[Cupid]

Firstly, because $6.55 is less than one bid increment more than your bid you know that was the maximum that they bid, otherwise ebay would have made them pay a full increment more than you.

Then you need to look at what the auction price was when they submitted that bid, by looking at the timings of the bids. That winning bid was submitted before yours, so you don't need to look at yours but at the bid of $4.05 at Dec-13-12 17:53:15 PST and the one of $3.00 at Dec-12-12 19:32:07 PST which was how the auction stood at that time... as a result of those two bids the auction price was $3.25 at the time that the $6.55 was placed... and as a result the auction price rose to $4.30, which was where it stood until you bid of $6.50 was placed and automatically outbid.

As I've told you a few times now, you need to distinguish between the current auction price, and the current maximum bid (which most often ebay hides) in order not to keep confusing yourself with these scenarios.
_________________
Mark

[sweetylang]

my apologies im slow at understanding this. So if my highest bid were 6.55 equal to that winning bid, who would have won? And then if my highest bid would have been 7.00? I would have for sure been the highest bidder?

Thanks for your patience and help.

[Cupid]

If your bid had been 6.55 the result would have been the same, you would have lost, because the rule on ebay is that if two bids of the same amount are both the highest bid then the first to be placed wins.

If your bid had been 6.56 up to 7.04 you would have won for the amount of your bid.

Finally if your bid had been 7.05 or more you would have won for 7.05 because that is one bid increment higher than the other bid.

As I said, on this occasion, we know that it was the maximum that the winner bid because it was less than one bid increment more than yours... if you are beaten by exactly one bid increment then you will never know how much the winner was prepared to pay or how much you would have needed to bid in order to win because ebay only makes them pay one bid increment more than the next highest bid.
_________________
Mark

[Gixen]