Posted By:
Hal LewisIf someone has a Max Bid entered for $50,000 for a particular card...
and someone else goes in and enters their Max Bid for $25,000...
would the sales price of the card be $25,000 to the guy who bid $50k...
or would it be the next highest bid increment ($27,500)??
On EBay, the underbidder would bid $25,000 and get a message telling him that he was NOT the high bidder... and the sales price of the card would be the EXACT amount of the underbidder's bid.
Isn't that the same for all of these auctions??