posted on August 7, 2001 04:33:16 PM
Bid increments are determined by the current price of the item. Maybe someelse knows where the information is listed on eBay. I just looked but was unable to locate the page where the information is contained.
posted on August 7, 2001 04:39:30 PM
I am not sure where the info is located either, but I do know it is based on the start price. Low start price means low bid increments but the size of the increments apparently increases as the "current price" increase. So there is apparently some sort of formula that is automatically instituted by eBays system?????
posted on August 7, 2001 05:56:21 PM
The current price is ALWAYS the determining factor in what the bid increment is. It just so happens that the current price and the start price are the same at the beginning of an auction.
The ONLY time the bid increment is based on the starting price is at the START of the auction. WHY? Because at THAT moment, the start price IS the current price.
$.25 up to $4.99
$.50 up to $24.99
$1.00 up to $99.99
$2.50 up to $249.99
$5.00 up to $499.99
$10.00 up to $999.99
...and so on.
posted on August 8, 2001 02:17:54 AM
I start all my auctions at round dollar numbers -- usually $1 or $3 -- but end up with final prices like $3.46, $4.18, $22.37. (Yes, all of those are actual final values...)
posted on August 8, 2001 02:33:34 AM
a lot of times if I'm bidding and say the highest price I'm willing to pay is 10.00, I'll put in 10.01 or some odd number. If someone bids 10.00 you are still the highest bidder. Pretty common practice from what I can tell
posted on August 8, 2001 03:08:23 AM
That makes sense for final values within a few pennies -- $X.27, $y.51, whatever. But how do you get such strange variations?
For example... I had an auction with a bid history that went $3/$3.25/$3.75/$7/$10/$10/$12.50/$21.87/$22.37
So how'd it go from $12.50 to $21.87? Did the first person set a high bid of $21.86?
