Originally Posted by jsrockit
I always find it funny when I bid on an item (say $500 item) and find out that the previous bidder put in a bid of $18.34 as their max. What were they hoping for?
Plenty of people bid low amounts, especially on 0.99-start things. They don't want the item, but if no-one else bids they get the bargain and re-sell. If you bid on 100 items and (say) 2 get no higher bids, you may be able to make a profit.
I once bought an item worth about £15 for 99p because no-one else bid. The seller clearly wasn't happy but grudgingly sent the item. I was prepared to pay a fair price but just got lucky, it's hardly my fault no-one else bid and he chose the 99p start. I also got a nice auto-flashgun for 99p as sole bidder. I even offered the seller excess postage because I felt he'd lost out but he just said "you win some, you lose some, it's ok".
Zorki: 1e (x2), 2C, 3M, 4, 4K, 5, 6
FED: NKVD, 1g, 2e, 3a, 3b, 4L (x2), 5B, 5C
Kiev 4, 4A
Yashica Minister III
Zenith C, Zenit C, Zenit E
Minolta XG M, Z1
"The way to see by faith is to shut the eye of reason."- Benjamin Franklin