[vcf-midatlantic] Signed Apple ][

[Hagstrom, Paul]

No, it's quite straightforward.  Bidding happened, e***e bid over $1330 early, then poked it up a couple of times to ensure winning it, ending his/her auto-bids at $4035.  It only registering as $1340 because that's the lowest amount that wins the auction.  t***s came in and bid a zillion, surpassing e***e and setting the bid just over e***e at $4050.  Then t***s' bid was retracted, everything goes back to how it would be if it had never been made.  $1340 is still the lowest bid that beats the next-lowest bidder, but now we know for sure that nothing lower than $4050 will beat e***e's bid.

That will probably stall the auction for anyone who understands the bid history -- from a buyer's perspective, there's no point in bidding unless something over $4050 is acceptable.  More cynically, from the "supporters of VCF" perspective, any bid anyone makes up to $4000 won't win, it'll just mean e***e pays more to VCF for the machine.  So, it's unfair to e***e in that respect, though by submitting the bid e***e did commit to paying that much if necessary.  Nevertheless, I'm won't be poking it up on behalf of VCF myself, it doesn't seem very sporting.  At the very least, I hope that anyone who bids something under $4K would have been willing to pay that to win the machine for real.

 -Paul

> On Jun 15, 2016, at 2:10 PM, Ethan via vcf-midatlantic <vcf-midatlantic at lists.vintagecomputerfederation.org> wrote:
> 
>> Two words:
>> Retracted bid
> 
> It must be two different accounts retracting their bid?
> 
> I've done bid retraction before after noticing some detail in the auction that was detrimental to items usefullness. Scuba equipment is wrong model or thread or something like that, or seller has wrong model # on AV hardware which changes feature set.
> 
> It didn't require sellers approval if before end of auction.
>