Grand Slam Bids question

[M's_Fan]

I have a question about Grand Slam Bids' bidding system, I won item # 100514 with a winning bid of $340. I think I actually put my high bid at $351 or something close. The next highest bid from other bidders was only $178.88. How did my bid of $340 end up winning the auction? On eBay the auction would have ended at $180. What gives here?

[Matt]

Originally Posted by M's_Fan

I have a question about Grand Slam Bids' bidding system, I won item # 100514 with a winning bid of $340. I think I actually put my high bid at $351 or something close. The next highest bid from other bidders was only $178.88. How did my bid of $340 end up winning the auction? On eBay the auction would have ended at $180. What gives here?

I'll look into that right away - if there was an issue with the bidding system, which it sounds like there was, rest assured it will be corrected and your winning bid will be set appropriately.

[Matt]

Greg - the item you were bidding on had a reserve of $340. The bidding process worked exactly as it would have on eBay - you won it for the reserve price, even though your ceiling bid was higher.

For a reserved item is live, the status of the reserve is displayed next to the "Current Bid" line in the listing. It is red until the reserve is met and then changes to green once the reserve is met.
http://www.grandslambids.com/auction...tion_id=100514

[M's_Fan]

^ Okay, I thought eBay would put you at only above the next highest bid, I didn't know that it would work this way, where you would end up at the reserve even if nobody else bid near there. Guess I don't know much about eBay. Its a good rule I think, otherwise you wouldn't win items just because someone else didn't bid.

[Anthony S.]

Originally Posted by M's_Fan

I have a question about Grand Slam Bids' bidding system, I won item # 100514 with a winning bid of $340. I think I actually put my high bid at $351 or something close. The next highest bid from other bidders was only $178.88. How did my bid of $340 end up winning the auction? On eBay the auction would have ended at $180. What gives here?

Hi Greg,
I was the seller in that auction. I set a reserve at $340 before the auction.

[Rob D.]

Originally Posted by Anthony S.

Hi Greg,
I was the seller in that auction. I set a reserve at $340 before the auction.

I'm surprised your seller rating of zero didn't scare off more people.

[Anthony S.]

Originally Posted by Rob D.

I'm surprised your seller rating of zero didn't scare off more people.

To be fair, I already have 43 positives, but it's those damn 43 negatives that drag my score down.

[Leon]

Originally Posted by Rob D.

I'm surprised your seller rating of zero didn't scare off more people.

Good point, sort of ...... I would strongly encourage those using GSB to go to your "about me" page and put in your ebay id (I did)....it links perfectly and then folks will know more of who you are and the reputation you have built.

[perezfan]

Good system... Can't wait to try it for memorabilia as the word spreads.

Rob- Even though my brain is slow today, I like your avatar. It took me a few seconds to figure out the baseball connection. Reminds of many late night after-party gorge sessions at Denny's! Waaaaay back when it was still $1.99

[Rob D.]

Originally Posted by perezfan

Good system... Can't wait to try it for memorabilia as the word spreads.

Rob- Even though my brain is slow today, I like your avatar. It took me a few seconds to figure out the baseball connection. Reminds of many late night after-party gorge sessions at Denny's! Waaaaay back when it was still $1.99

I'm just happy it hasn't offended you (or anyone else), Mark.

[Matt]

Originally Posted by Rob D.

I'm just happy it hasn't offended you (or anyone else), Mark.

Rob - the deal is we're supposed to give you free listings so long as you keep that as your avatar, right?