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I'm new to cbid and my question is if three individuals bid on the same product x's three and the bid closes with bids of 1 of 1= $5.00, 1 of 1= $5.00 and 1 of 1= $4.00 does the individual who bid $4.00 receive the product for $4.00 and the other two pay $5.00?

Thanks xrundog for your quick response.

Thanks for your reply however there are three things I would like to bring to your attention, #1 what I wanted to know, was the $4.00 bidder going to receive the product as well as the two $5.00 bidders which was answered by xrundog, #2 I wonder if the $4.00 bidder landed in that position by luck or skill and I plan to make a game of it in future bids to find out,#3 my grandfather was the man who came up with E=mc squared however he stopped to smoke a ROMEO y JULIETA Belicoso and Einstein beat him to the patent office.

JonR: it is sort of luck and timing.if you bid 3 of 3 at $4.00 and only 2 bidders bid 1 of 1 at $5.00, the 3 of 3 becomes 1 of 3 at $4.00. more important is have once a week shipping. why you ask?. check the shipping charges on the second and/or subsequent bids.

I think this is a legitimate question for somebody new to cbid and familiar with "dutch" auctions at other auction sites. In a "dutch" auction, everybody who wins pays the lowest winning bid. When I first started using this site, I assumed that was how these auctions were conducted.

As we tell our children, there is no such thing as a bad question. How will we know the answers with a question! I feel so much better about myself now! John

I would tend to disagree with you JonR. I've been asked plenty of stupid questions in my day. (i.e. I dropped off some reports for someone and told the secretary "I'm dropping these reports off for Kim" The secretary then asked me, "And who should I give them to?" However, I don't think your was stupid.