Sheldon, I just noticed your page 1 reply/comments. I have to agree that those are very valid observations you made. I figured that the seller (I think a home-run business based on his website, a one man shop) may have been just a bit lazy/busy researching this consignment piece. Also, he does not specialize in coins primarily. It took me a fair amount of time to do so (and I very much had vested interest in it).
But, after the coin sold for such unexpectedly high price, yes...I would have been also curious. He did ask me what is so special about this coin after I relayed to him my initial concerns.
Maybe his attitude was to not "rock the boat" as long as he gets paid being just the middle guy. However, his reputation is on the line as the seller, and not sure if even one negative feedback would be worth $1,000 in consignment fees if your primary source of income is consignment? But who knows, he may have done this before and got away with it, but again that's only speculation.
I did mention to
ebay tonight about one of the two other primary bidders who had only one feedback (with 3 transactions). One was for electronics, and another for memorabilia, the third one was this colonial. He is the one who bid the price up from the $700 range to over $3,000. I pointed out to
ebay that it does not make sense for a "newbie" to
ebay who may also be a "newbie" to colonials (especially state coppers) to bid such a high price in the last minute. Remote chance, but not unlikely that he may have been somehow associated with the consignor.
ebay surprisingly agreed that it's plausible, but not sure what if anything they could/would do.