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Is this eBay listing suspicious?

I was watching this pretty bust dime in NGC MS65. This is an expensive coin, ending at 4am EST with no reserve, and only a 7-day auction. Does the seller display poor marketing and timing or is this a scam or hijacked account?

The bidding history seems odd to me, the format of the bidders ID is identical (letter or number, then 3 asterisks, ending in a letter).

My guess is that the reserve was $5k and the next bidder would have made it...

Thoughtss?

Dan


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Comments

  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    The format of the bidders ID is ebay's doing, bidders ID is anonymous except to the seller, I think.
  • derrybderryb Posts: 37,704 ✭✭✭✭✭
    nothing to indicate it is not legitimate.

    duplicate bidder names appear consecutively when someone else makes a bid but fails to top the last bidders higher bid. duplicate bidder's hidden, higher bid is getting bumped up by other bidders.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • Steve27Steve27 Posts: 13,275 ✭✭✭
    "(letter or number, then 3 asterisks, ending in a letter)."

    This is ebay's way of hiding bidder's identities (just check any other ebay auction).
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson


  • << <i>The format of the bidders ID is ebay's doing, bidders ID is anonymous except to the seller, I think. >>



    Ok, that makes sense. I haven't used eBay in about 4 years so this must be a relatively new occurrence. That being the case, the cert number seems to fit the grade and the pictures are not suspicious. It seems legitimate on those terms.



    imageimage
  • The progessively higher bids by same bidder can also happen when a bidder keeps raising his bid trying to hit the reserve.
  • joebb21joebb21 Posts: 4,774 ✭✭✭✭✭
    The next bid would have been $4950.

    Also there is no knowing that the reserve was $5000
    may the fonz be with you...always...
  • commoncents05commoncents05 Posts: 10,096 ✭✭✭


    << <i>My guess is that the reserve was $5k and the next bidder would have made it... >>



    I can tell you with certainty the reserve was higher than $5000.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com

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