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View Poll Results: If the ending bid for the set is higher than the total lots, the set sells complete | |||
Yes, maximizes sales price people will just bid to win the whole thing |
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10 | 19.61% |
No, bidders feel it's a like a reserve, bidders dont bother going after lots |
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18 | 35.29% |
Could go either way , explain |
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16 | 31.37% |
Please go away ....self explanatory |
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7 | 13.73% |
Voters: 51. You may not vote on this poll |
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#23
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I've seen this process more times when small farms are sold, than I have with other stuff. And having read Jay's post above, I agree with that, there's a flaw in the process, especially for computer program auctions which would include eBay. Seems to me the quickest way to deal with that, using Jay's example, would be for me to get a friend to underbid the that card he was after with a $190 bid (if that fit the increments) so that Jay's $200 bid activates.
Still, the problem remains that if 2 dozen of the cards only draw bids of $70 or so, then the higher 'set bid' would win. It would definitely be frustrating. Realistically, the frustrating part is you think you've won with your bid when you haven't. You have to win in whichever auction of the two brings the higher price. |
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