Interesting eBay Dilemna. What Would You Do?

Say you've got a coin listed on eBay that closes at $200.00. The Buyer sends fast funds and you ship the coin. A week or so later that same Buyer reports via an email that, for one reason or another, he doesn't want the coin and he ships it back. He reasons there is nothing wrong with the coin, it just doesn't fit within his "collecting objectives". No big deal. You refund the $200.00.
Now, you relist the same coin using the same auction description and photo and again let it ride. Only this time the coin looks like it's going to peak at about $100.00, give or take. You are also mildly amused and surprised to see the same bidder/buyer from the first go-around bidding again!
Now, armed with this information, do you allow this Buyer to continue bidding and possibly win this coin for much less than the auction closed the first time? Do you simply chalk it up as the cost of doing eBay business or do you get aggressive and prevent/block this Bidder?
Now, you relist the same coin using the same auction description and photo and again let it ride. Only this time the coin looks like it's going to peak at about $100.00, give or take. You are also mildly amused and surprised to see the same bidder/buyer from the first go-around bidding again!
Now, armed with this information, do you allow this Buyer to continue bidding and possibly win this coin for much less than the auction closed the first time? Do you simply chalk it up as the cost of doing eBay business or do you get aggressive and prevent/block this Bidder?
peacockcoins
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Comments
his collecting objectives might be to get a coin like that for $125 instead of $200
if you block him, he will not be able to bid up other bidders
if he wins - then you have an interesting dilemma
Block the Smuck ! He has cost you money once. Will you let it happen again ?
Ken
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My ebay auctions
09/07/2006
At that point, I'm starting fresh with the item, albeit the listing fees added into my cost at this point. If I'm willing to start the coin at $1, let the dogs run!! Whatever happens, happens.
Quite possibly the buyer may have liked the coin, but not at the price he bid for it. Maybe figuring it was PQ for the grade etc, and worth a premium bid. Once receiving the coin, realized it wasn't worth the premium, and returned it, not wanting to ask for a partial refund. Seeing the coin listed again, the buyer figures the coin isn't worth his premium bid of $200, but to obtain the coin at $100, that may be ok.
The more I type, the more I realize I wouldn't have a problem with this.
LSCC#1864
Ebay Stuff
That's probably about as strong scolding I would give him. I don't charge for shipping and wouldn't want to ship the same coin to the same person twice for free. I'm a hobbiest, not a dealer, so I can't write it off my taxes like dealers do.
I wouldn't let him bid on it again because I would be thinking he would return it again.
<< <i>Only this time the coin looks like it's going to peak at about $100.00, give or take. You are also mildly amused and surprised to see the same bidder/buyer from the first go-around bidding again! >>
Pat, apparently, you're a calmer and more understanding person than I am - I would be something other than "mildly amused".
I'd send an email, informing him of why he was being blocked as a bidder. I'd also be tempted to inquire as to whether his"collecting objectives" had undergone a sudden change.
<< <i>I have several people blocked because they have sent back pq material. I figure if pq material wont satisfy them nothing will.
This is exactly what I had to do with a guy and then he kept asking why I blocked him seems how he wanted to Bid on another item. Over and Over I told him my products would not please him in my opinion. Finally he wanted a quote on a item so I High Balled the quote to the Max. Darn I have not heard from him again.
Some Bidders just think sellers were born yesterday and are as sharp as a broken pencil.
Ken
You may have thought of this but has the bidder left feedback for the first deal?
He may come back at you if you block him now.
Good luck.
Cancel the bid, Block them, then email them.
<< <i>I'd cancel his bid and let him know its the same coin he already mailed back to you as your explantion. >>
I like this suggestion.
DAN
My first tassa slap 3/3/04
My shiny cents
You could always hope he wins, accept his payment, and then send his payment back, saying your collecting objectives had changed.
and it sets us apart from practitioners and consultants. Gregor
I wouldn't spite him from other auctions as he may end up getting them bid up higher (unless he does this again).
And, did he already leave feedback? If not, and you just cancel him or insult him, you may get a negative that you may not want....just FYI.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Coinguy1 seems to have the best idea.
Most of the time a nail needs to be beat on or about the head before the point sinks in
I've only had a handful of returns and I don't have a problem giving them their money back, but I'm not running an approval service. If it was a problem transaction, why deal with them again?
So, I would have blocked your bidder the first time when you claimed your final value fee credit, but since you didn't I guess your concern now would be feedback from the earlier transaction.
If he can still leave feedback you leave yourself open for a negative now if you make him mad by cancelling his bids.
If feedback is not an issue, cancel his bids and block him now.
If it is an issue, still cancel his bids and block him but be nice with your explaination as to why.
My posts viewed
since 8/1/6
But... if there's one thing I've learned (over and over again, hmm... come to think of it, I guess I'm still learning) as a coin dealer, it's to CUT YOUR LOSSES and move on when it comes to bad deals.
I actually (re)learned this lesson one more time with what turned out to be my final coin sale.
I had some proof sets sold on eBay a month ago, the guy had decent feedback but didn't pay despite various e-mails, phone calls, etc.. I was ignoring my own advice because I was getting out of the business and didn't want to try to resell them at the last minute. I finally gave up, negged him, and relisted the coins.
They sold in less than 12 hours at the same price, and to a guy who paid within another 12 hours. In fact he actually overpaid me a few dollars not realizing insurance was included. When I told him that, he wished told me to keep it, wished me a Merry Christmas and said to have a beer on him. Cheers!
So...
Life if short. Cancel, block, and move on.
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
roadrunner
Sleep well tonight for the 82nd Airborne Division is on point for the nation.
AIRBORNE!
If the seller believes there are other reasons for the return, other than his own descriptions, then more forceful action may be called for. On unconditional returns, buyer's regret is okay, but it doesn't necessarily allow the high bidder to re-bid. In any event, a less severe opton is to inform the re-bidder that his return privilege is waived should he be high bidder again.
In either case, the option of permanently blocking the bidder without, say, warning the him that you don't like re-bids, seems a little severe to me. This is especially the case for those of you out there, and you know who you are, who engage in auction deceptions far more egregious then re-bidding on a returned coin.
his return privelege will be waived if he ends up the high-bidder.
Ken
If you don't cancel first, then you're in limbo if he doesn't reply to your e-mail.
Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum
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Joe Holt
joe_holt@bellsouth.net
Wait until after he has driven the coin price up and block him just before he tries to snipe at auction end - if possible. I have never blocked anyone, so don't know. Boy that will get his goat - however if you are still open for a neg feedback by not contacting eBay for refund on fees, etc.- you could be setting yourself up.