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Unusual Bid Retractions on one of my Ebay auctions.

TootawlTootawl Posts: 5,877 ✭✭✭
One of my auctions I'm currently running is three sets of the 20th Anniversary SAE sets. All the coins are graded PCGS 68 I started it last night with a 5 day length. There is one bidder who has already retracted 2 bids today. Each bid was about 3 hours apart. There is no reserve or BIN on this auction. His two bids were for $25 and $30.

Why is this guy making so many bids and the retracting them?

Interesting... His/her has a feedback of 22, 100% ratyng but with 62 positive feedbacks. Mostly he buys from cajuntraditions. Why am I worried about this guy? Here is my Bid History.
PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.

Comments

  • I noticed this: Bid Retractions (Past 6 months): 137

    That's one too many!

    Maybe he has some sort of compulsion - to bid on something and then retract his offer - over and over again..?
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Just block them they are playing games. Put them out.
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    My guess is indecision and not realizing the negatives associated with a bid withdrawl. Is he a newbie?
  • TootawlTootawl Posts: 5,877 ✭✭✭
    No. Member since 2-21-2006.
    He has won at least 62 auctions, maybe more depending on how many sellers didn't leave feedback.
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • TootawlTootawl Posts: 5,877 ✭✭✭


    << <i>My guess is indecision and not realizing the negatives associated with a bid withdrawl. Is he a newbie? >>


    137 indecisions? 3 or 4... maybe. 137... He has a problem. The fact that he has a rating off 22 but has 62 feedbacks bothers me too.
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • RichieURichRichieURich Posts: 8,533 ✭✭✭✭✭
    I wouldn't worry about it, it's not like these sets are going to sell for the current low amount.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,504 ✭✭✭✭✭
    Relax, tootawl. He's probably nervous and he can't make up his mind.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,504 ✭✭✭✭✭
    Maybe he has a problem, but I'll take 'em image
  • TootawlTootawl Posts: 5,877 ✭✭✭


    << <i>Maybe he has a problem, but I'll take 'em image >>


    Not for $28 each!! image



    image
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,504 ✭✭✭✭✭


    << <i>

    << <i>Maybe he has a problem, but I'll take 'em image >>


    Not for $28 each!! image
    >>


    He could be on a budget image
  • RichieURichRichieURich Posts: 8,533 ✭✭✭✭✭
    Don't worry, Tootawl! Someone from the Forums will bail you out by bidding, oh, say, $35 or maybe even $40 for the sets. image

    An authorized PCGS dealer, and a contributor to the Red Book.

  • TootawlTootawl Posts: 5,877 ✭✭✭


    << <i>Don't worry, Tootawl! Someone from the Forums will bail you out by bidding, oh, say, $35 or maybe even $40 for the sets. image >>


    I knew I could count you guys!


    image

    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>

    << <i>My guess is indecision and not realizing the negatives associated with a bid withdrawl. Is he a newbie? >>

    137 indecisions? 3 or 4... maybe. 137... He has a problem. The fact that he has a rating off 22 but has 62 feedbacks bothers me too. >>



    Not saying he doesn't have a problem...just don't see a nefarious angle. He has done it 135 other times and has perfect feedback. Very wierd. I agree with the other advice not to worry about it. He'll be gone by hammer time.


  • << <i>Not saying he doesn't have a problem...just don't see a nefarious angle. He has done it 135 other times and has perfect feedback. Very wierd. I agree with the other advice not to worry about it. He'll be gone by hammer time. >>



    i wouldn't use the do not worry about it advice. Bid retractions can cause all kinds of present and future problems. Cancel their bid, block them before it gets late in the auction.
    someone like that may be unstable in other ways, as in using the feedback system. negatives can leave a ripple effect causing financial harm for the remainder of your ebay life image
  • notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>

    << <i>Not saying he doesn't have a problem...just don't see a nefarious angle. He has done it 135 other times and has perfect feedback. Very wierd. I agree with the other advice not to worry about it. He'll be gone by hammer time. >>

    i wouldn't use the do not worry about it advice. Bid retractions can cause all kinds of present and future problems. Cancel their bid, block them before it gets late in the auction. someone like that may be unstable in other ways, as in using the feedback system. negatives can leave a ripple effect causing financial harm for the remainder of your ebay life image >>



    This advice makes sense but I'm sure you've noticed that he hasn't left a single negative and 57 positives. This guy is a difficult one to figure out. If you block him nobody will fault you including me. If you don't, I'd say the odds are in your favor that nothing bad will happen but as cullen points out, if it does it's a headache.

    Good luck
    Jerry
  • TootawlTootawl Posts: 5,877 ✭✭✭
    There's something very strange about that many retractions in such a short time. 137 in 6 months is a lot. I blocked him. If I loose money, oh well. Won't be the first time or the last time.
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • yeah, i dont play that bid retraction game. folks like that are sleazy. good luck with your auctions.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,504 ✭✭✭✭✭
    FYI... I bid 4 at $90 and got outbid (I expected that). So, I went to bid $250 on a quantity of ONE and it won't let me. Your auction is asking me to bid $1000 (4x$250).... Ya think the retraction might be warranted ? Just curious.

    Joe

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