Ok so I been on
ebay as a buyer of coins since 2012. It started off with ancient coins, I was getting good value from a wholesaler in the UK. I accumulated a large collection. Then in 2018 the Australian government introduced 10% GST sales tax on purchases under $1000Aud. These coins I purchased were on auction. I would wake up at odd hours to bid. After the government introduced the 10% GST I stopped buying from overseas. I started coin roll hunting from banks.
I would bid on coin lots in Australia past few years as there is no 10% GST on purchases within Australia.
Now
ebay have introduced an "extension of time" of 60sec to stop bidders "sniping" at the last few seconds of auction.
I admit that I won my auctions by sniping, now I cant see the point in bidding as the new system encourages bidding wars and
ebay enabling higher bids after close of auction. Therefore buyers getting less value and paying more.
Sure some auction houses use extension of time at close of auction.
Has it changed you're buying/ bidding behaviour?
