Originally Posted by Ron Blume:
You guys do this every week...Two BIDS by the SAME BUYER is a strategy to cover your own bid, AND to discourage others from bidding after seeing the two bids. Not everyone on Ebay is dishonest.
Not the case here though. Those two bids for $888 were the last placed in this auction, and 3 seconds before the end.
They were placed by sniper service servers, like AuctionSniper, which when programmed to bid so close to the end of the auction, attempt to place your bid from multiple servers at once in a designed-in redundancy/contingency scheme.
Occasionally, eBay cannot make the decision which one came in first, so they both register as a tie. I have had up to three bids placed on my behalf that tied getting to eBay, and it is something to see as this all happens hands-off automatically(servers battling it out over the eBay "clock"). Otherwise, only the first bid of a certain amount is recognized by eBay.
In this case, both of these late bidders happened to enter extremely high late proxy bids via sniping services probably betting that they would not run into someone else doing the same thing.
Until 19:42:36 when the winning bid was placed, the high bid showing was only $27.01, and went to $129.37(one increment above 3rd place bidder).
The winning bid is one full increment above the last bid, so he may have placed a $10,000.00 or more proxy bid. We will never know unless he comes forward!
My guess is that the high bidder will not follow through with the deal. If the underbidder had any inkling of the intentions and/or budget of the high bidder, that's just mean!