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Valued Member

United States
62 Posts
 Posted 03/04/2006  12:21 pm Show Profile   Bookmark this topic Add JerseyZuh to your friends list Get a Link to this Message Number of Subscribers
Its an auction for a penny...........thats it, no description or any info at all...........and someone bid on it? I dont understand. Why would someone do this?



http://cgi.ebay.com/penny_W0QQitemZ...cmdZViewItem
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bobby131313's Avatar
United States
24173 Posts
 Posted 03/04/2006  12:37 pm  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Did you notice that shipping is $480? As P.T. Barnum said, there's a sucker born every minute.
Valued Member
United States
62 Posts
 Posted 03/04/2006  2:25 pm  Show Profile   Bookmark this reply Add JerseyZuh to your friends list Get a Link to this Reply
$480...............lol
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toast's Avatar
Australia
1091 Posts
 Posted 03/04/2006  8:06 pm  Show Profile   Bookmark this reply Add toast to your friends list Get a Link to this Reply
By bidding one cent the buyer has cost the seller his ebay fees and stops the auction getting relisted if no one bid on it. When the auction is over the buyer can pay his 1c and tell the seller to keep the coin. He does not have to take the option of getting it delivered.

Be aware the newbie seller will probably leave him a negitive feedback. But you can go thru the process of getting the negitive feedback removed if you are persistant with ebay and keep a record of your 1c transfer of funds.

My guess would be that Jacob 141414 is a 14 year old boy named Jacob, playing around.

Best advice...ignore it and move on.

Edited by toast
03/04/2006 8:09 pm
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 03/04/2006  8:37 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
The other option is that the seller is trying to build feedback and runs auctions like this and has his friends bid on and win them and leave good feedback.
Valued Member
United States
62 Posts
 Posted 03/04/2006  9:30 pm  Show Profile   Bookmark this reply Add JerseyZuh to your friends list Get a Link to this Reply
For all the money ebay gets, you would think they could do something all the shady practices that seem to be happening on ebay. ebay should revamp their rules and hire ebay Cops! They dont even need to pay them. The "Cops" can be ebay power sellers. Maybe just suspend the listing fees for the "Cops" or something. I'm sure there would be willing participants for this, if ebay would stop taking all the profits and reinvest it into the little ebay sellers who get messed up by the Evil Ebayers who mess up good peoples feedback and all that evil stuff they do.................
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Morgan Fred's Avatar
United States
2684 Posts
 Posted 03/05/2006  10:34 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
There is one more slant on this. The buyer may have owed the seller $480 and this was a relatively inexpensive and convenient means of paying the debt. Not too many new sellers have PayPal accounts already set up. And, it may be the "buyer" had most of his available funds tied up in his PayPal account, so they conspired to transfer the money from one account to another with less expense than sending money directly from PayPal to an email address. There are a few twists which could be applied to the formula: the seller wanted to become familiar with ebay and PayPal and a little positive feedback would help get him started.

It this is the instance, then actually it's pretty innovative.

Fred
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