Wow, just wow

[Blueface]

Originally Posted by forgop

Pkg Qty: 1 Single Cigar

Thus his bid is $45/cigar x 5 cigars.

Yup.
Guy got a good screwing.
To further complicate things, here is what can happen on this type of "Yankee" auction:

Yankee Auctions
A Yankee Auction is a variation of the Dutch Auction where one or more identical items are offered for sale at the same time. In cases where a lot contains multiple identical items, at the closing of the auction, the highest bidders win the merchandise at their bid price as opposed to paying the price determined by the lowest qualified bidder (as in a Dutch Auction).
(NOTE: Auto-bidding is not available for a Yankee Auction)

Example: In a Yankee Auction the seller is offering 10 boxes of cigars with a starting bid of $100. Bidder #1 bids $100 on 5 boxes. Bidder #2 bids $100 on the remaining 5 boxes. (That would account for bids on all 10 boxes.) If a Bidder #3 enters, they would have to bid higher based on the bid increment level. Let’s say the increment is $10 and Bidder #3 bids on 3 boxes at $110 per box. Assuming no other bidders come in and the auction closes, the winners would result as follows: Bidder #3 would get their 3 boxes at $110. The Bidder #2 would only receive 2 boxes at $100 because they were outbid by Bidder #3 who bid higher on 3 boxes. Bidder #1 would get their 5 boxes at $100 because they were the first to bid.

[Volt]

hmmm All I know is when he sparks one up he better not be disturbed and will definitly want to nub it to get every bit of $$$ out of them as he can.

[Rock Star]

Somebody aint payin attn

Originally Posted by forgop

Pkg Qty: 1 Single Cigar

Thus his bid is $45/cigar x 5 cigars.

Wow...I would have misunderstood that as well. I have never participated in a "Yankee" auction, but I would have assumed that it was for all 5...glad you guys pointed this out to me.