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Unread 12-29-2004, 05:48 PM   #13
Pete Ebbink
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Hi Ed,

Back to the holster on e-Bay...the seller added their revised info. on 12-19-04 at 17:45 Hrs. PST. At the time he/she revised the ad to correct for the HK magazine thing, bidding was already at $ 275 with 8 bids in...

So e-Bay may have that rule, but the sellers still change their ads all the time and I do not think e-Bay monitors that much...

The last bid I retracted was for a nice Swiss luger holster and strap originally described as both being dated 1909. After my bid and those of others went over $ 325, the ad was changed to state the holster was 1906 dated and the strap was 1909 dated. I retracted my bid which should have automatically reduced the bids back to before I entered my bids.

But one bidder (unfortunately a LF member from Belgium) had out bid me and others to get above the hidden reserve price of $ 375.00

For some reason and even with my bid retraction, the bidding stayed at $ 375 and our LF member got stuck "overpaying". I think when a bid is submitted that matches the reserve or higher, it is set in concrete even though bid retractions occur.

I contacted our LF member and suggested he might want to retract as well...but he decided he wanted the rig at the reserve price...

And with the USD-to-Euro exchange rate lately, he probably got a pretty good deal...

Regards,

Pete...
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