[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: $1225 for an Apple IIGS???



Phil Abel wrote:

<snippage...>
>I also looked at the feedback for some of the runner up bidders
>headneck1 bid $1200 and just barely got edged out.

The runner-up bidder always sets the price on eBay--that's the
way it works.  The selling price is one minimum bid (or very
occasionally less) over the next lower bidder.  It is not possible
to have a greater winning bid because of the way proxy bidding
works.

So anytime you see a high-priced auction, you know that there
are at least _two_ people who think the item is valuable.  (If it
was a high opening bid, then the other one is the seller.  ;-)

I note that both high bidders generally (but not always) have
low feedback, indicating newbies.

-michael

Check out amazing quality 8-bit Apple sound on my
Home page:  http://members.aol.com/MJMahon/