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Ebay Once Again Raised My Maximum Bid...

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 Posted 03/13/2016  08:19 am  Show Profile   Bookmark this reply Add Brushy Bandit to your friends list
Wow has got me thinkin, this could go badly on an expensive item, that you have gave up on. For sure gonna do some research.
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 Posted 03/13/2016  08:54 am  Show Profile   Bookmark this reply Add jdmern to your friends list
What is bid insurance?
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 Posted 03/13/2016  09:26 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list

Quote:
Are you accepting the "Bid Insurance" or whatever they call it? I believe it automatically enters a higher bid if your bid to within one increment of another higher bid. Sounds like that's what is happening.


There is no such thing as bid insurance.

ebay does use "proxy bidding", where they will only use enough of your ENTERED BID to keep you winning (until someone else bids more than the amount you entered).

However, this does not fit the situation here, because they said they never bid over $20.


@benjamin, if you care to post the item number, we can look at the bid history and try to help you understand what happened.
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 Posted 03/13/2016  10:40 am  Show Profile   Bookmark this reply Add benjaminfailor01 to your friends list
@nss-52. Here it is: 182051856536

I resale these by the roll for a total of about nine-ten cents each cent, so buying them at 5.0 cents each when I sell often ten rolls at a time is a nice way to make some money for coins that I want to buy, such as Standing Liberty quarters, because each lot of ten would make revenue of $20. But there comes times when I end up not selling them, so I usually don't enter more than half of what I'm planning to make resaling them. But, ebay could fix that problem by entering $22.00 even though I didn't even want to buy it at $20 necessarily; I was glad to see that I was outbid. Then ebay notified me after the auction ended that I won. Overall $2 is nothing to me. The only thing that bothers me, like "Brushy Bandit" said three posts above, what if it's on a larger item?
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 Posted 03/13/2016  11:23 am  Show Profile   Bookmark this reply Add edweather to your friends list
If you look at the automatic bids in the bid history, ebay also had you at $20.50, $21.00, $21.50, and $22.00. I can't see how they could do that unless you had bid a max of $22. I'm not saying you did, but that's the only way that makes sense to me.
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 Posted 03/13/2016  11:33 am  Show Profile   Bookmark this reply Add benjaminfailor01 to your friends list
I know that's what it seems, but I absolutely did not have a max bid of $22. I rarely even use max bids.
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 Posted 03/13/2016  11:39 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
Did you use the app or the web? On the app there are buttons that are somewhat confusing. Several times I've seen myself seemingly prompted to raise the maximum bid by unclear buttons and text even though I'm the highest bidder...
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 Posted 03/13/2016  11:45 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list

Quote:
I know that's what it seems, but I absolutely did not have a max bid of $22. I rarely even use max bids.


I don't understand this statement, every bid you put in is a max bid.
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 Posted 03/13/2016  12:23 pm  Show Profile   Bookmark this reply Add edweather to your friends list

Quote:
I absolutely did not have a max bid of $22


Ok, I can revise my statement to say, "......unless you bid $22." ebay thinks you bid $22 with about 12 minutes left in the auction, so it's not like they changed it at the last second. That one other bidder just kept hitting the bid button until he got to $22, and stopped. According to ebay your bid of $22 was placed first Mar-12-16 17:47:37 PST, so you won the item. Maybe you don't consider that a max bid, but ebay does. Maybe it was a computer glich or something, so if it were me, I would just be darn sure I double check my bids in the future.
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 Posted 03/13/2016  2:02 pm  Show Profile   Bookmark this reply Add moxking to your friends list
Hopefully the explanations that were offered above will lead you to an answer. I've bought many thousands of items on ebay in the last 16 years, I use a sniper bidder for most of the higher end items, and have never ever had a single bid do something it wasn't told to do.

For the example that you gave, I see no way that you didn't bid $22, perhaps simply hitting the 2 button one more time.

I would love to hear if you come up with a solution that isn't so clear and simple.
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 Posted 03/13/2016  6:19 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
I would be glad I didn't accidentally enter $220

Just call ebay and ask what they think happened
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 Posted 03/13/2016  9:16 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
I was mistaking Heritage for ebay. Heritage offers a type of "Bid Insurance" and ebay does not. My error.
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 Posted 03/13/2016  9:54 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list
Looks like you bid $22. ebay doesn't raise bids.
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 Posted 03/13/2016  10:36 pm  Show Profile   Bookmark this reply Add Brushy Bandit to your friends list
Arrows and rays, it does seem unlikely, never say never tho. I'm with cascade $220 sounds alot worse.
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 Posted 03/13/2016  10:45 pm  Show Profile   Bookmark this reply Add KenKat to your friends list
This has never happened to me, in over 14 years of ebay buying.

It looks like you have 18 transaction feedbacks; if this has happened to you more than once, I think it is something you are doing in not understanding how ebay's bid system works.
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