I did the same thing once but I immediately cancelled the bid and explained why to EBay. They understood and removed the bid from that auction. Can't remember what it was for. It was a few years ago.
Originally Posted by Tennessee Suzi
Yesterday I was skimming through the quilting section of E-Bay and saw a double wedding ring quilt up for auction. Well....the bid was $46.00 so I decided to bid $47.00 and see what happens. Well, I hit confirm and as I did I noticed that my maximum bid was $4,700.00 instead of $47.00. Needless to say, I won the auction but the winning bid was $70.00. That was a little more than I could pay but knowing the rules, I made the bid and have to live with it. I did e-mail the seller to see if she would take sympathy on me, but I guess the money talked louder than I did. Be careful when you bid that you don't get a twitch and bid too high!