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PSA 9 Jordan rookie for 99 cents!

You guys have to check out the auction that completed for item#8735960968 yesterday. The seller must have accidently made it a Buy it Now at $0.99 instead of starting bid. Someone bought it in 11 minutes. The seller has a 100% feedback with over 500 sales. Am I missing something? The seller must have been vomiting all day. What do you think he will do?

Comments

  • If the seller has any brains, the buyer will never see that card. Just take the neg and relist.
  • Best neg. I'd ever get.
  • I disagree and think the seller should sell as advertised. Mistake or no mistake.
  • Stone193Stone193 Posts: 24,436 ✭✭✭✭✭


    << <i>I disagree and think the seller should sell as advertised. Mistake or no mistake. >>


    Get
    What would you do if you had made a typo - or let's say you were having your little sister help you with the listings and this one caught up in the BIN items?

    mike

    edit: and BTW, anyone with an once of common sense and fair play would know this was a typo and would not expect the seller to just hand over a hi ticket card for a buck.
    Mike
  • I think in order to maintain the integrity of my reputation as a seller I would swallow, rather choke, the loss. We are not talking about giving away your life's savings.


  • << <i>I think in order to maintain the integrity of my reputation as a seller I would swallow, rather choke, the loss. We are not talking about giving away your life's savings. >>


    How can YOU make that assumption? Do you know the seller's situation? It is simply unethical to think that you're going to get a $1,500 card for less than a buck. Some people...

    I sincerely hope you're never in the same situation. Might see things differently.
  • You are right. I don't know his situation, but I can infer from his volume of sales that it is not his life's savings. However, maybe there is some allowance for an obvious error. I am interested in hearing other's opinions on the ethics of this.


  • << <i>I am interested in hearing other's opinions on the ethics of this. >>

    I don't think ethics really enters into the equation. There isn't really anything unethical about refunding the buyer's money and keeping the card. It may piss the buyer off; it may result in negative feedback, but as long as no one has been ripped off (e.g. the seller keeps the money and the card), no one is committing a moral wrong.
  • GSN, I think your logic thus far tells us all we need to know regarding the Ethics of the situation. Let me explain...

    Initially, you inferred that the seller should go through with the auction. When questioned/challenged on the issue, you justified your reasoning by stating that it wasn't that much money to lose on behalf of the seller. This, to me (and correct me if I'm wrong), appears that you would side with the seller IF he was going to lose a substantial percentage of money rather than a certain amount of it. Ethics and ethical decision-making generally operate outside of conditional terms and situations and focuses on the relatively concerete issues at hand.

    In this instance, the seller states in his auction, that he is having a large number of auctions where bidding begins at $0.99, which was the erroneous "buy it now" price of the 1986 Jordan in question. Knowing the fair market value of the card (~$1,500), it is obvious that the auction's "buy it now" price was in error and any reasonable person would be ethically obligated to not push the issue with the seller. I believe the judicial precedent is the "fair and reasonable" argument.

    This should apply if the amount lost was by a waitress trying to sell the card to pay for her son's chemotherapy or Oprah Winfrey attempting to buy a new Lalique figurine.
  • Where do you draw the line? Is it ok to keep a card and refund the money if you have it up for auction and you forgot to set a reserve and it goes for a much lower price than what it is worth? What if you spell something important in the title incorrectly and you didn't realize it and it sells too cheap?


  • << <i>Where do you draw the line? Is it ok to keep a card and refund the money if you have it up for auction and you forgot to set a reserve and it goes for a much lower price than what it is worth? What if you spell something important in the title incorrectly and you didn't realize it and it sells too cheap? >>


    Keep in mind that ethically and legally are 2 extraordinarily diverse things. I obviously don't have all the answers for you, but I think that a NR auction should be checked by a seller who would have time to either pull the auction or change the description appropriately. If this auction runs its course, I think it is reasonable to assume that more responsibility should fall on the shoulders of the seller.

    In the 10-minute auction, however, the seller had no time to correct the auction's terms. I can't imagine the card was on eBay for more than a few moments, as eBay's auctions don't immediately go into the search pool.
  • AkbarCloneAkbarClone Posts: 2,476 ✭✭✭
    The seller has already relisted the card.

    Auction
    I collect Vintage Cards, Commemorative Sets, and way too many vintage and modern player collections in Baseball (180 players), Football (175 players), and Basketball (87 players). Also have a Dallas Cowboy team collection.
  • The card was relisted already and is at $567.00 so far.
  • Stone193Stone193 Posts: 24,436 ✭✭✭✭✭
    If we are talking about ethics...

    Anyone that thinks they can get an expensive card for a buck could stand a little readjustment in their own personal ethics.

    This is a typo - plain and simple.

    It's a good question tho. Reminds me of the Ryan RC that some kid bought from a clerk for 16$. That went round and round for a bit.

    I just believe common sense - if it prevails - makes this simple.

    mike
    Mike
  • The seller also stated in their auction about if the bidder is new or has negative feedback the bid will be cancelled. Could this bidder's Ebay existence (2 months) and feedback (2--3 with 1 negative) constitute reasons for his bid to be cancelled? Can that be a loophole for the seller?
    Next MONTH? So he's saying that if he wins, the best-case scenario is that he'll be paying for it two weeks after the auction ends?

    Forget blocking him; find out where he lives and go punch him in the nuts. --WalterSobchak 9/12/12



    image


    Looking for Al Hrabosky and any OPC Dave Campbells (the ESPN guy)
  • Mike,

    You [correctly] boil down my diatribe into "common sense."

    And you're right. Decoroum, at is core, asks the question, "What FEELS right, at the core of it all?"
  • If the buyer tried to take him to court over this the buyer would most likely not win. Even though you can argue that the auction is a binding contract, it is unconsionable (meaning that it is so far off what is expected or something bad that strikes the heart or along those lines) I forget the exact definition since I didn't pay attention in contracts class enough last year but another student used a similar example like that. The intent was clearly not there to sell it for a dollar and also the sellers little loop hole would be another solid defense.
  • zef204zef204 Posts: 4,742 ✭✭
    I agree that it was an obvious typo. However this seller is also selling a Jordan Rookie Reprint so i don't know what kind of ethics the seller opperates by. Also that his ID id far_q is a little unsettling as you don't need to be a rocket scientist to figure out what that means.
    EAMUS CATULI!

    My Auctions
  • Stone193Stone193 Posts: 24,436 ✭✭✭✭✭
    This still does have some interesting facets to it.

    If this were a local biz, ya could probably take it to court.

    But on ebay, the guy can always pull the item and say: no longer available - my dog ate it for lunch.
    The poor canine has a plastic deficient diet and just can't get enough of those plastic wafers!

    I do agree - in spirit, the idea of getting something for practically nothing should trump all other concerns and lead the "average" person to conclude - this was an honest mistake.

    After all, would you hold your friend to this kind of erroneous agreement? I don't think so.

    mike
    Mike
  • zef204zef204 Posts: 4,742 ✭✭


    << <i>After all, would you hold your friend to this kind of erroneous agreement? I don't think so. >>

    Of course not. I would never expect the seller to follow thru on something like this and anyone thinking he should is a way off base.
    EAMUS CATULI!

    My Auctions
  • Stone193Stone193 Posts: 24,436 ✭✭✭✭✭


    << <i>

    << <i>After all, would you hold your friend to this kind of erroneous agreement? I don't think so. >>

    Of course not. I would never expect the seller to follow thru on something like this and anyone thinking he should is a way off base. >>


    Zef
    That was a rhetorical question.

    But, I agree.

    mike
    Mike
  • stevekstevek Posts: 29,314 ✭✭✭✭✭
    <<< The seller has already relisted the card. >>>

    Maybe the buyer stiffed the seller for the 99 cents? image
  • stevekstevek Posts: 29,314 ✭✭✭✭✭
    <<< f this were a local biz, ya could probably take it to court. >>>

    Wouldn't work. A judge would rule in the favor of the seller in a split-second. Case closed.
  • BigRedMachineBigRedMachine Posts: 2,563 ✭✭✭
    I don't have the article on hand now, but this reminds me of a story I heard on the radio this week.

    Evidently, a stock guy in China made a typo and sold a stock for 5 cents instead of 500 dollars. Cost his company 200+ million dollars. I'll look for the article. In this case, the typo didn't neglect the sale.

    All the company would say is the employee wouldn't be getting a Christmas bonus and his future with the company was uncertain. LOL I'd say.

    Shawn.
  • If a bidder puts in one too many zeros in his bid, he/she can go back and retract the bid due to the "typo". I don't see a big difference with the shoes on the other foot, in this case, the seller.

    As long as the buyer gets his $ refunded, he is not hurt financially one iota. Listing an item too low on a BIN due to not knowing the market is one thing; an obvious simple clerical error is quite different. Common sense should prevail.
    Collecting Vintage Baseball.
    My ebay listings
  • Seller emailed me back this morning and stated that the buyer was very understanding and did not push the issue, realizing it was a typo.

    Hope this helps.
  • Get serious GetSiriusNow. I wouldn't expect any seller to follow through on such an obvious error. If I was the buyer I wouldn't even leave a negative. Put yourself in the sellers shoes and think a little.
  • I would know, in my heart of hearts, that the guy had made an error. That really couldn't be denied. From there, I couldn't hold the guy to the deal. No matter what the law was or wasn't, it just would not pass muster with my "ethics". If I get overpaid by a blackjack dealer or paid on a push hand, I let them know. If the cashier gives me the wrong change, I let them know. That's just the way I was raised and am wired.

    I also believe in karma. If you go around screwing people over, one day you'll get yours. Unfortunately, if you don't go around screwing people over, you'll probably get yours too!

    I just sleep better knowing that I have done the right thing. That is why this Jordan thing would be a no brainer for me.
  • StingrayStingray Posts: 8,843 ✭✭✭


    << <i>I would know, in my heart of hearts, that the guy had made an error. That really couldn't be denied. From there, I couldn't hold the guy to the deal. No matter what the law was or wasn't, it just would not pass muster with my "ethics". If I get overpaid by a blackjack dealer or paid on a push hand, I let them know. If the cashier gives me the wrong change, I let them know. That's just the way I was raised and am wired.

    I also believe in karma. If you go around screwing people over, one day you'll get yours. Unfortunately, if you don't go around screwing people over, you'll probably get yours too!

    I just sleep better knowing that I have done the right thing. That is why this Jordan thing would be a no brainer for me. >>



    image Nicely put!


    Stingray
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