What the heck do you make of this?
jrdolan
Posts: 2,549 ✭✭
The seller ends his auction early on a $950 SMR card to sell at the current bid of $113.50 .... and now that bidder is NARU. Huh? I can see the bidder being booted for shenanigans of some kind, but why did the seller (a PowerSeller) end early for 12% of market value on a card that is scarce and tough at that grade?
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Stingray
And the bidder who got NARU'd right after this sale has no previous history of bidding on this seller, though he was bidding on several of his current auctions. He's bought from many legitimate sellers, including our own board members gaspipe and bkritz. The seller who ended early is still active, so I don't think it was a case of shilling.
The NARU might even have nothing to do with this. But how on earth did he convince a PowerSeller -- who touted the $950 SMR value in the listing -- to sell early for only $113.50?
I'd guess nothing changed hands on that one.
"All evil needs to triumph is for good men to do nothing."
<< <i>Sometimes the "current price" isnt what is agreed on by the buyer and seller in order to end an auction early. It is better than doing a complete offline transaction since you can still leave each other feedback and keep track of each other, and the seller only has to pay the final value fee on 100.00+ rather than on 900.00+ >>
Ah, I see how that would work. Duh! Thanks. Still, the NARU immediately after this took place is odd.
That's an interesting point - I know things like this are sometimes done between cash transactions with private used car buyers/sellers in certain states so that the buyer can pay less sales tax on the purchase and the seller can show a smaller selling price on their tax return. The naru here does makes it confusing though.
I've actually had buyers email me and ask me to end early at a current price before. One way to beat the ebay machine I suppose... But you'll never know what you would have actually gotten for an item.
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BigCrumbs! I made over $250 last year!
Funny is only neg is for a 10 buck baby toy
"If I ever decided to do a book, I've already got the title-The Bases Were Loaded and So Was I"-Jim Fregosi
<< <i>he knew that you would have won the item anyways with a snipe....so, in order to have a fair distribution of johhny bench cards...he decided to end it early! >>
Probably true, Major, if I was in the market for that card. I already have mine, but I like watching where certain key Bench cards sell in top grade so I know actual market value (vs. SMR).
The seller explained it to me:
I ended early on the bench and the fisk cards that I had he paid 750 on the bench and 400 for the fisk and sent the money to me immediatly via paypal ....thanks
So that's the answer. And I think he tried the same thing with other sellers, and one of them reported him to eBay for trying to deprive them of fees, and they banned him. If that's his MO, it will scarcely be an inconvenience.
Another '70 Bench just showed up...
JB
Steve