I've always thought it would be fun to list a lot like that, especially when you're a new seller and get a "no fees on 5 items" offer. With so little actually visible, it could go either way... either the seller could make off like a bandit, or else the buyer would... I dont think there is a significant chance that two people would both bid at the "right" price and then refuse to bid again.
I've been on both sides of that fence as both a seller and a buyer!
Several years back I was actually put in charge of liquidating an estate coin collection that was a lot more than the typical handful of silver coins and jar of wheat cents:
The more I think on it, the more I wish I had done an ebay spread for these! Probably would have gotten a lot more than the $7500 the coin shop gave the owner...
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