[geeks] eBay question

[Charles Shannon Hendrix]

On Wed, 5 Sep 2007 11:22:51 +0300
"Geoffrey S. Mendelson" <gsm at mendelson.com> wrote:

> On Wed, Sep 05, 2007 at 01:57:48AM -0500, Bill Bradford wrote:
> > If you don't like the seller's terms, don't bid.
> 
> But what are the sellers terms? He advertises a minimum bid he has no
> intention of honoring.  That is IMHO false advertisement.

You are completely misunderstanding what a minimum bid is.

It is not the "lowest price the seller will accept", it is simply the
starting bid of the auction.  All auctions start the bidding at some price
level.  In a live auction, the auctioneer will speak, "Let's start bidding at
$10, do I hear $10?"

He isn't saying they will accept $10, he's just getting the ball rolling.

You are reading far too much into what a minimum or starting bid is.



-- 
shannon                      | javalin: 
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