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  2. Enter the wrong amount? Here is how to cancel your eBay bid.

    www.aol.com/news/enter-wrong-amount-cancel-ebay...

    You can retract if you bid the wrong amount or if the seller changed the item description as long as more than 12 hours remain in the auction.

  3. Auction sniping - Wikipedia

    en.wikipedia.org/wiki/Auction_sniping

    e. Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper. This can be done either manually or by software on the ...

  4. Unusual eBay listings - Wikipedia

    en.wikipedia.org/wiki/Unusual_eBay_listings

    Bridgeville, California (population 25) was the first town to be sold on eBay in 2002, and has been up for sale three times since. [1] In January 2003, Thatch Cay, the last privately held and undeveloped U.S. Virgin Island, was listed for auction by Idealight International. The minimum bid was US$3 million and the sale closed January 16, 2003.

  5. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with ...

  6. 10 most common eBay scams to look out for - AOL.com

    www.aol.com/article/finance/2020/09/23/10-most...

    Perhaps the largest scam on eBay is the scam of shipping a falsely advertised item. Examples include fake, counterfeit, broken, or damaged items. “As with most things, if it’s too good to be ...

  7. eBay ditching American Express as a payment option this ... - AOL

    www.aol.com/finance/ebay-ditching-american...

    June 5, 2024 at 1:54 PM. eBay customers will no longer be able to use American Express credit cards to pay for purchases on the online marketplace come mid-August. The e-commerce company said in a ...

  8. Online auction - Wikipedia

    en.wikipedia.org/wiki/Online_auction

    Private electronic market. Software. v. t. e. An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [1] [2] [3] Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules. [4]

  9. No-reserve auction - Wikipedia

    en.wikipedia.org/wiki/No-reserve_auction

    e. A no-reserve auction ( NR ), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. [1] [2] From the seller's perspective, advertising an auction as having no reserve price can be desirable (but risky) because it potentially attracts a greater number of bidders due to the possibility of ...

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