I haven't done many auctions at the bay but those I did either started at a reasonable price or had other bidders participating causing the price to rise to a acceptable level. But this time I first bidder with a ridiculous low price that with no other competition will surely not satisfy the sellers reserve. So I would like to raise my starting bid from a low ball $1.99 to at least $150 to make the sellers reserve.
You can add another bid.
If that bid is higher than the Reserve, your bid will be recorded at the Reserve.
EG- the opening price is $10 the hidden Reserve is $100.
You bid $10 - your bid is accepted and shows as $10.
You decide to bid higher, although you are the only bidder. Your $25 bid is accepted, but still shows as $10.
You decide to go all out and bid $500.00
You have met the Reserve and your bid now shows at $100.
Basically, you can't raise your own bid by bidding higher. There must be another bidder for that.
But with a Reserve, you are also bidding against the Reserve, so if you meet or surpass that, you bid shows much higher, when you meet the Reserve.
