Apparently you are unfamiliar with E-Bay.
When the bidding is started low ($100 in this case), and early bids need be only $2.50 apart, (at current price, bids need be only $25 apart), there can be MANY bids.
Number of bids usually has little or no relationship to final auction price.
If you had looked a bit more carefully, you would have observed that there is one bidder (with zero feedback) who has (now) made 54 bids.
54 bids under my reserve, absolutely DOES "say something" to ME!
It says to me that there is one bidder who does not know what he is doing!
There are actually only TWO different bidders since the $200 bid.
What do YOU think.... that..... "should say"?
$3850?.......is an interesting comparison you make!
Guess you did not compare photos,..... and apparently entirely missed the backhoe as well.