Strangest GB auction I have ever seen....

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Maybe a little off topic, but why are all the markings on the gun in English? Are these made for export?
Yes, from the 80's until 1994 Norinco imported guns by the boatload. Also, most of those markings are required for the guns to be imported under US law. If you're interested, read the wikipedia article on Norinco, especially the section about their issues with the US.
 
It is weird though; the guy outbid himself (23 times no less)? Must be very forgetful.
BG uses proxy bidding like Ebay does. You put in your maximum and it'll incrementally increase the bid on your behalf each time someone else bids to keep you the high bidder, up to your maximum. So it looks like you are bidding against yourself, but really someone else is bidding against you but they didn't bid enough to put them on top so you show up as placing another bid (it's really GB doing it automatically for you).
 
DoubleTapDrew
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It is weird though; the guy outbid himself (23 times no less)? Must be very forgetful.
BG uses proxy bidding like Ebay does. You put in your maximum and it'll incrementally increase the bid on your behalf each time someone else bids to keep you the high bidder, up to your maximum. So it looks like you are bidding against yourself, but really someone else is bidding against you but they didn't bid enough to put them on top so you show up as placing another bid (it's really GB doing it automatically for you).

Look at the first 23 bids..........all by the same bidder. GunBrokers proxy bid had nothing to do with it.

In less than six minutes, from 11:06:42 PM EST until 11:12:08 PM on 4/9/2012 he bid 23 times. :scrutiny:
 
It only shows the high bidder in the list. If I put in a max bid of $300 and it starts out at $100, then you put in a bid of $105, it'll show me as bidding again at $105.50 (or whatever the increment is), then you bid $150 and it'll show me as bidding $150.50, then you bid $175, it auto-bids me again, at $175.50. It only shows the high bidder so the bid history will look like:
DTD $100
DTD $150.50
DTD $175.50
and on and on until you go up over my max of $300. Although it won't show the amounts, just an asterisk. Otherwise if the other person knew what they had to bid to get on top as the high bidder they'd do that or give up and not bid if it wasn't worth it to them, which would be great for the buyer but suck for the sellers. Because in the above example I could put in a maximum of $5000 for an AK and nobody would bid against me since it's not worth that so I end up getting it for $100.
 
DoubleTapDrew, when the auction was new and there was only one bidder it showed 23 bids by the same person and no one else and the price was still at $.01.
 
Oops sorry, I didn't see it from the beginning and that the price didn't go up.
It's over $600 now with 11 days left :uhoh:
 
DoubleTapDrew, when the auction was new and there was only one bidder it showed 23 bids by the same person and no one else and the price was still at $.01.

That probably indicates the the first bidder raised his own maximum bid 23 times before someone else jumped in. I have placed initial bids, then decided I should have bid higher and bid again immediately. The bid amount doesn't change, but the bid count does.
 
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