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<p>[QUOTE=&quot;cdb1950, post: 34536, member: 1735&quot;]Sometimes, I will bid on a coin with an opening bid of 99c.&nbsp; Say it&#039;s something I really want, so I bid $50.00.&nbsp; If nobody else bids, I will win the item for 99c.&nbsp; However, if there are other bidders, Ebay will automatically act as my bidding agent (proxy) and increase my bid to the next highest increment.&nbsp; Suppose you were to bid $15.00.&nbsp; Then Ebay would automatically bump my bid up to $15.50.&nbsp; Even though the current bid shows only 99c, your $15.00 bid couldn&#039;t win because my butt is covered up to my $50.00 max bid.&nbsp; But, if you were to bid $75.00, then Ebay would automatically bid the next increment over my $50.00 bid, so your winning bid would be $51.00, even though you had bid $75.00.&nbsp; </p><p><br /></p><p>The maximum bid is not disclosed for a couple reasons.&nbsp; Suppose the opening bid was 99c and my max bid of $50.00 was shown.&nbsp; If you wanted to bid $15.00, which would automatically bump my bid up to $15.50, you might decide it wouldn&#039;t be worth it to bid because your bid couldn&#039;t win.&nbsp; Then I would win the item for the opening bid of 99c, which kind of cheats the seller out of the $15.50 he would have received had you bid.&nbsp; On the other hand, suppose my $50.00 bid was shown and someone didn&#039;t really want the item, but knew they would be safe bidding up to my $50.00 bid and still wouldn&#039;t have to buy.&nbsp; I would be cheated because I would have to pay the full $50.00 for the item, when I might have won it for the $15.50.</p><p><br /></p><p>The best bet when you want something is to bid the highest amount you are willing to pay.&nbsp; If someone is willing to pay more and your high bid is automatically overbid, then wait &#039;til next time and give it another shot.&nbsp; Or, your high bid might be more than anyone else is willing to pay, so you win.&nbsp; Also, see sniping.[/QUOTE]</p><p><br /></p>

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