Unscrupulous Ebay Seller

All feedback on this is welcomed, even if you tell me I'm over reacting.

A seller on ebay that has quite a bit of inventory, a lot of listed varieties.

I browse his inventory and find a Coin where he missed the variety.

I buy the Coin ($50 range) and pay for it. But, something in the back of my mind says, "you will never see this Coin".

He ships the Coin, same day.

3 days go by and I check the tracking, it says "usps intercepted by sender".

I then check my ebay messages and there are 2 waiting for me, from him. Both with the most hideous and logistically impossible story of what happened to my Coin.

I played along with my response, but insisting I would still like the Coin when he gets it back, and that I don't mind waiting. Just to see if I get the expected - zero remedy for me ever getting my Coin. That is what I got, zero remedy after zero remedy.

In the description of the Coin I purchased, he stated "I do the best I can with the description of my Coins" "I try to take the best photos I can, but all I have is my cell phone".

But in his response to me through the messages was "once the Coin is sent back it goes through our return department, then sent back to our online sales department for reevaluation" then sent to our blah blah blah blah, department.... also, "him and his partners would also have to consult one another on what the next step will be".

After I knew there was zero chance of him ever sending me my Coin. I chose to subtly let him know what had really happened. His response to that was to play dumb.

My last response to him I was not so subtle, I pretty much told him what he did and why he did it. Also, that negative feedback would be left if I did not get my Coin in 6 days. He has not responded to my last message.

This seller has 100% feedback and is a "top trusted ebay seller", for now.

Leaving negative feedback will be a must for me if I don't get my Coin. Should this also be reported to ebay, PayPal, or is that just a waste of time?

Thanks for the Vent!