Does someone else see a point to this at all? Why not just set your minimum bid price at the least amount of money you will take? Is it just to make the offer look initially better to suck people in, so that in effect you are bidding against a straw man but it heightens the buyer's sense of competition just enough to stick to that one auction? Can someone explain this to me?

(Of course, it would soothe my frustrations if someone would just buy me this.)