Pete,
You're correct about the term "won" at an auction. This auction was the first time I've ever did online bidding. Buying that grinder taught me some good lessons. One was how to make it work. Also to look at the motor data tag closer, and to be careful not to fat-finger the keyboard when bidding. In all, the grinder & cap ended up costing me 77$.
Another thing that I'm glad about is it will replace my open face belt driven grinder that I've had for 25 years.