06-30-2010, 12:44 PM
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Craig Wright
Member
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Join Date: Apr 2009
Location: South-Central Kansas
Posts: 724
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Quote:
Originally Posted by WillBBC
The only time I will bed on an auction with a reserve is if it has already been met.
I don't like having the highest bid on something only to have it not sell regardless.
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This is how I feel about it, too. Unless...
Quote:
Originally Posted by Leon
Not sure of other venues, but Grandslambids will take a high bid to a reserve and let the item sell, even if it wouldn't have been met with the next highest bidder.
In other words if a reserve is $100 and there is only one other bidder at $15 and your snipe is $110, then you will win the item at $100 when your snipe is placed, which was the reserve. regards
(I need to verify this with Matt but I think it's the way the system works)
ps..I am told ebay and GSB works this way....
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...is true, then I would bid at or above the reserve.
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Quote:
Originally Posted by Rob D.
(As an aside, I'm very excited about executing my first double quote.)
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And Rob D. isn't the only one that can put more than one quote in a post (see TBob's Has anyone received their winnings from the SCP auction yet? thread)
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