Olivia's Grammy

Boy that was a hard lesson to learn. I rarely use Ebay. I lost money some years earlier when I tried selling some things. To me Ebay is to pricy for selling things.

Tennessee Suzi

Well, I notified the seller first and then E-Bay. This was done immediately after the bid. E-bay did nothing but the seller first offered it to the one that bid 69.00 (the bid under my error). They did not want it so she offered it to me by splitting the difference. So I had to pay $60.50 but I think that was very fair of the seller. I don't buy often enough to understand all the gobble-d-goop about bidding. Better stay away from e-bay now on huh?

Tennessee Suzi

I really think the seller was kind to me. After all, it was my mistake, not hers! She sold it to me at a reduced price, so I am thankful for that!

MTS

Suzi,
I'm glad it was resolved peacefully. ;-)

The Seller made out much better than if you had bid correctly, so I doubt they'll be complaints on that end. And you had to pay a bit for your error. Fair enough all around.

And I'll guarantee you that the other bidder knew exactly that the seller was sort of taking advantage of him/her by offering it at $69, which was unfair.

Don't stay away from bidding and eBay. This was clearly a typo error, not an error in judgment about buying something you didn't check out. Big difference. ;)

MTS

Don't stay away because of this incident. You just have to learn to read the information that eBay provides (and, granted, it's less than it used to be), but it can still be enlightening.

Here's how the bidding looked at the end of the auction:

Bidder3 --- US $70.99 --- Mar-20-11 --- 10:54:37 PDT

Bidder2 --- US $69.99 --- Mar-20-11 --- 10:19:44 PDT

Bidder1 --- US $45.00 --- Mar-19-11 --- 15:39:21 PDT

Starting--- US $39.99 --- Mar-13-11 --- 10:54:46 PDT

When Bidder1 put in his proxy bid of $45 on 3/19, anyone looking at the auction would have seen the current bid price at $39.

Bidder2 comes along on 3/20 and places his proxy bid of $69.99.
That bid would automatically cause Bidder1's proxy to max out at $45 (note the time always remains that of the original proxy bid), and the bid price would automatically go to $46 from Bidder2.

35 minutes later, Suzi (Bidder3) comes along and attempts to put in a proxy bid of $47.

Now if that bid would have gone in correctly, the minute she hit enter she would have been outbid, as Bidder2's proxy would have jumped to $48 immediately.

However, because of the boo-boo, Suzi's proxy bid of $4,700 was in effect. So when she hit enter, Bidder2's proxy kicked in and maxed out at $69.99. The system automatically raised her bid to one bid increment more, bringing it to $70.99, where it stayed until the auction ended.

So, to my previous point about it not being exactly kosher for the Seller to offer the quilt to Bidder2 for $69.99, that bid didn't exist unless Bidder3's proxy was higher.

And an experienced buyer would have been able to easily see it on the bidding history and know that if the Seller was offering it the second bidder, that means something went wrong with the top bid. So if you back out that top bid, the high bid drops down to $48.

Hope that was understandable, and easy to follow. :wink:

llcathey

Iv had that happen but I canceled my bid right away before the auction ended, I think you can still do that haven't been on ebay in awhile

eparys

Oops - so sorry to hear about this.

cilliebug

Oh do I sympathize with you. A few years back my husband bid on ebay for a Pez dispenser (we collect them) and he put in $3.00 but forgot to put in the decimal point, so that made the bid $300. Of course we won the bid and I'm having a panic attack thinking of that much money for apiece of plastic. But thank goodness, the seller did understand about the decimal point and therefore lost the sale. What a relief to lose!!!!!
Sorry your seller wasn't as understanding.

Anna.425

OMG I just did the same thing. I was going to b id 10.50 and bit 1050.00. There are 6 days for the auction to go. Ahhhhhhhhhhhhhhhhhhhhhhhhhhh! I use ebay all the time and I have never done this before.

llcathey

contact the seller and ebay plus see if you cancel Iv done that before