[CR]"Bidding against yourself" on ebay

(Example: Bike Shops:R.E.W. Reynolds)

From: "David Bean" <beandk@rcn.com>
To: <classicrendezvous@bikelist.org>
Date: Tue, 25 Jul 2006 18:28:59 -0400
Subject: [CR]"Bidding against yourself" on ebay

The ebay system doesn't allow you to bid against yourself. If your $10 bid is winning an auction but you're worried someone else will steal it from you, go ahead and put in another bid of $100. If no one else bids, you'll still win it at $10. It's just another way of raising your MAXIMUM bid. It can be useful to get your foot in the door at a low price (so the auction can't be closed) and then, at the last moment, put in a much higher bid.

David Bean
Arlington, MA