This has happened to me twice recently.
Say there is a card with a current bid of $30 and I set my snipe for a max bid of something much higher like $80 and then when it ends it says I'm the winner for a bid of $49.99.
I assume that the reserve price is $49.99. But shouldn't my bid increase the $30 bid to $31 and then presumably say I was the high bidder but not the winner because the reserve was not met? What I'm getting at...does your winning bid automatically get "bumped up" to the reserve price if your max bid is above the reserve price?
Not sure how I feel about that as it automatically jumps up my bid way above the 2nd highest. I'm not really complaining b/c it obviously fell within the range I was comfortable with but I'd like some clarification.
Say there is a card with a current bid of $30 and I set my snipe for a max bid of something much higher like $80 and then when it ends it says I'm the winner for a bid of $49.99.
I assume that the reserve price is $49.99. But shouldn't my bid increase the $30 bid to $31 and then presumably say I was the high bidder but not the winner because the reserve was not met? What I'm getting at...does your winning bid automatically get "bumped up" to the reserve price if your max bid is above the reserve price?
Not sure how I feel about that as it automatically jumps up my bid way above the 2nd highest. I'm not really complaining b/c it obviously fell within the range I was comfortable with but I'd like some clarification.