The short answer is yes, you'll get it for the $50. What I can't remember
is whether your bid will show as $26 or $50. I seem to remember that when a
bidder bids enough to cover the reserve, it immediately jumps the bid to the
reserve. Is that right?
Tom
> Here's a thought that I had about Ebay's reserve prices that doesn't
> seem to be answered in their docs. I figure someone here will probably
> know the answer.
>
> Suppose there's an item with a starting price of $1.00 and a reserve
> price of $50.00. cheapbidder puts a pid in for $25.00. Obviously, that's
> his maximum bid, so being the first bidder the current bid is at $1.00
> and the reserve price isn't met yet. Now then, if I come along and put
> in a bid for $60.00, I will automatically outbid cheapbidder and the
> current bid will be at $26.00 (assuming a $1.00 bid increment) with the
> reserve not yet met. Now here's my question, suppose that's all the bids
> the item gets before the auction ends, will I get the item? It would
> make sense for Ebay's system to compare the current high bidder's max
> price with that of the reserve price and, if the bidder's price is high
> enough, place an appropriate bid at the end of the auction to meet the
> reserve price. That would be the logical way to handle this situation.
> The seller has said, "I won't sell this item for less than $50.00" and
> I've said, "I won't buy this item for more than $60.00". However, I also
> have had enough experience with Ebay to know better than to expect this
> type of automatic action. So, what happens? Does my bid automatically
> get raised to $50.00 (which is still less than my maximum price) in
> order to meet the reserve or does the auction end with the reserve price
> not yet met?
>
> If it won't automatically raise the bid, then this seems like a crucial
> flaw in the design of Ebay that could mean that a reserve auction
> wouldn't sell, even though there's a buyer willing to pay the reserve
> price and who has placed a bid on the item.
>
> --
> Andrew "Frugal" Dacey,
> frugal@xxxxxxxxxxxxxxx
> http://www.tildefrugal.net/
>
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