Gunbroker Question

one bullet

Single-Sixer
Joined
Oct 4, 2007
Messages
452
City & State/Province
North Carolina
A buddy was trying to bid on a rifle this evening. The high bid at the time was $1875. My buddy bid $1900. It automatically said he was outbid but indicated the high bid was now $1900. The same bid he just placed but listed another person as the high bidder with the same bid! Why did it not make the winning bidder pay $1925? I understand the winner could have entered a much higher maximum bid but why didn't he have to top my buddy's bid?
 
I don't think so because it said he was out bid immediately. He wasn't outbid. It was the same bid. I think it was because the guy had a higher maximum bid but it should have made him outbid my buddy.
 
Online auctions give the win to first bid at x amount.

The winner had at least equal if not greater in his max. In effect your buddy bid to what was already there, so no increase was required.

In their eyes the bid was $1900 and your buddy said I’ll bid the same.
 
I have had that happen to me. The winning bidder had pre-bid his maximum bid at $1900.00, your friend bid $1900.00 and because that bid had already registered, the time ran out and the auction ended instead of the 15 minute rule kicking in...
 
Yeah, sounds normal to me unless you're looking for a conspiracy theory.
 
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YUP.... had it happen to me often... no biggie.... I think they do the same thing on the Stock Market (but 'for a few dollars more')... :-))
J.
 
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