[at-l] "Walking North" -- original edition on eBay

[Jim Bullard]

Bids on eBay are by proxy. You put in your maximum bid and the current bid
goes to the next increment. For example, if a prior bidder has entered a
higher maximum bid than the one you submit and the increment is $5 the
current bid jumps to $5 more than your maximum bid. If your bid was higher
than the prior maximum then it goes to $5 higher than the previous high
bidders maximum. The actual increment is determined by a ratio to the
initial bid which is set by the seller. In this case the increment is only
$1. If the current bid jumped from $25 directly to $95 (which it did
according to the bid history) the prior bidder must have submitted a maximum
bid of $94.

Jim Bullard
http://jims-ramblings.blogspot.com/


On Mon, Dec 8, 2008 at 1:16 PM, Linda Patton <lpatton at fsu.edu> wrote:

> > At $95 and (like the water in the Johnny Cash song)
> > rising it is too rich for my wallet....
> > Jim Bullard
>
> Someone--maybe a collector?--bid $95 after a previous
> bid of just $25 !!  Maybe the bidding for the next copies
> that are put up for auction will stay at a more reasonable
> amount.  But if there are more 'collectors' out there, then
> who knows?
>
> ~~ eArThworm
>
> Visit my website at http://booksforhikers.com
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>
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