Reserve Priced Auction

In a 99c start auction, lets say the seller has put a reserve price of $35  (unknown to the bidders of course). Let's say bidder 1 bids 99c and bidder 2 bids $40, the auto bidding thing will set the current bid at $1.09. Now there are no more bids. At the end of the auction, the reserve price has actually been reached (by bidder 2) but the auto bid facility still says the current bid is $1.09.

 

I know, long winded, but .....

 

So has bidder 2 won the auction or not?

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Re: Reserve Priced Auction

*mobile63*
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In a 99c start auction, lets say the seller has put a reserve price of $35  (unknown to the bidders of course). Let's say bidder 1 bids 99c and bidder 2 bids $40, the auto bidding thing will set the current bid at $1.09. Now there are no more bids. At the end of the auction, the reserve price has actually been reached (by bidder 2) but the auto bid facility still says the current bid is $1.09.

 

In an auction with a reserve,bidder 2's $40 bid would jump straight to $35 as it meets the reserve.

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Re: Reserve Priced Auction

*mobile63*
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Sorry, too late to edit. I missed your #3

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Re: Reserve Priced Auction

the location of the item does NOT determine whether or not you can list with a Reserve

 

it is a matter of WHICH EBAY SITE you want to use.

if you list on eBay Australia there are NO reserves on regular auctions  (excluding ebay motors)

if you list on eBay USA you can set a reserve

if you list on eBay UK you can set a resrve over a certain price  (from memory its about 50Pounds or so, check their site map)

 

the eBay site items are listed on determines how they are listed, no matter where in the world the items are shipped from

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Re: Reserve Priced Auction


@putney32 wrote:

the location of the item does NOT determine whether or not you can list with a Reserve

 

it is a matter of WHICH EBAY SITE you want to use.

if you list on eBay Australia there are NO reserves on regular auctions  (excluding ebay motors)

if you list on eBay USA you can set a reserve

if you list on eBay UK you can set a resrve over a certain price  (from memory its about 50Pounds or so, check their site map)

 

the eBay site items are listed on determines how they are listed, no matter where in the world the items are shipped from


so, that explains why there are THOUSANDS of items that are against eBay Australia Policy and yet eBay AU say they can do nothing about them. That doesn't seem very fair on eBay AU sellers (or buyers for that matter).

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Re: Reserve Priced Auction

In which case eBay should standardise their T&Cs so that they are the same world-wide instead of continually disadvantaging AU sellers & buyers with the inclusion of certain rules & regulations and fees & charges which don't exist on other country's sites. What makes AU so special that we should be suffering these additional imposts anyway?

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