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Replies: 11 / Views: 2,095 |
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Pillar of the Community
United States
819 Posts |
5 bids and I was high at the time with another $75 on my maximum, watched it for 6 days and today it was ended by the seller due to "error in minimum bid listing." Don't really believe it, it was running for six days; I think the seller got cold feet as it wasn't climbing as high as he would like, there was no reserve and no minmum, opened at $0.99 and was at $25 when seller pulled the plug on the last day. Can't even leave feedback since all bids were canceled. Guess I can send an email to the seller but that won't do any good but ease my mind....maybe. How often does this happen? 
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Pillar of the Community
United States
2049 Posts |
What was the auction for?
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Pillar of the Community
 United States
819 Posts |
1997 P matte Jefferson from the botanic currency set, slabbed by ANCACs at a 69. Only 25,000 issued
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Pillar of the Community
United States
2254 Posts |
Quote: How often does this happen? Too often in my opinion. I see it all of the time, and to me it's not good. It's the buyers way of setting a reserve withhout paying for it. I think they still get charged for the listing fees. What I don't know is if they they get to list again for free like you can if a reserve is not met.
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Pillar of the Community
United States
2602 Posts |
I see it all the time too. When I do, I make a note of the seller's ID and put it on my list of sellers to "never bid on". I've had a few auctions that I watched and was waiting for the final 5 hours to bid and sellers canceled the auction on the last day.
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Pillar of the Community
 United States
819 Posts |
Yes, have definitely made note of ID, even though he has good feedback no telling how many times he does this
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Pillar of the Community
United States
2797 Posts |
Another twist on this ... I've watched several auctions for pricey varieties that weren't attributed by the seller only to see them delisted 24~48 hours before closing. The reason given was "an error in the listing". I watch for them to be re-listed and they never are. The reality here is another collector/cherry picker made an off-line deal with the seller. I've never played that game and a seller could get burned outside the "protection" provided by ebay. The offers must have been substantial. 
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Pillar of the Community
 United States
819 Posts |
Good point SeatedNut,
I have received emails from people who make an offer and ask me to end the auction early, never have. Once the offer was substantially better than the ending bid, which was from the same person who made me the offer! It's just not a good way to do business but I am sure it happens all the time.
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Valued Member
United States
56 Posts |
You could email the seller and say something like "too bad you ended your listing early... I was prepared to bid up to $1,000 for that coin!" That ought to make him regret it 
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Pillar of the Community
United Kingdom
1077 Posts |
Yeah, but you need 2 people bidding for the price to go that high so the seller would still pull the auction if it looked like they were not going to get the bids they wanted.
I have had this happen to and it is very frustrating. Sometimes they use excuses such as "The item has been lost" What rubbish!
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Pillar of the Community
United States
2797 Posts |
Quote: You could email the seller and say something like "too bad you ended your listing early... I was prepared to bid up to $1,000 for that coin!" That ought to make him regret it That's actually what I did. I asked the seller "what happened to the coin you had listed?" He/she came back with "There were no bids and I got an offer from an ebay customer, so I listed it with a BIN of $75 and the customer was watching for it." I responded that they might have wanted to wait and give the auction a chance. It was a five-day auction and there were three days left. I let them know the the coin (high AU/low BU) was an 8TF VAM 14.8 and worth around $1500 in that condition. They responded with something to the effect that if I wanted it I should have bid. "I am out nothing as I paid around $30 for it, so it looks like you're the loser here!" I just shook my head and hoped they enjoyed their sour grapes. From that point on, if I saw something of that magnitude I placed a token bid. From a cherry-picker's perspective that only draws attention to something you want to remain anonymous. 
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Pillar of the Community
 United States
819 Posts |
Seatednut, I have tried that stratgy myself but find that it hasn't helped; as in this example that started the thread, I started bidding at 99 cents with a max of $25, 5 bids had pushed it to that and it was still canceled.
funny thing, I had an esnipe set to go at 6 seconds left for $100; when time for the auction to actually end in real time I got an email from esnipe saying I had won the bid (when it was withdrawn and all bids canceled hours before!)
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Replies: 11 / Views: 2,095 |
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