NSW Dump

[Goldseeker]

Hi One and all:   I have been watching a NSW Dump for several days now and I am wondering if a person has received 31 bids on this item, can the seller close the auction and then relist the item at a starting price of $14,000, which is much higher than the highest bid in his previous auction.

The item is definitely the same item as the new sale is a "relist".

Your comments welcome.

I am afraid I can't put a link to it as there is no item number visible.

I have sent the seller the following question:

Can you please advise me why the previous auction was cancelled and then you relist the same item at a much inflated starting price?

Regards

[autocoupler]

I always thought if an item had received bids outside one hour of closing, the auction couldn't cancelled.

[Goldseeker]

I have had a reply from the seller:

Dear *******,

Good morning,

Yes I have had a lot questions on that the winning bidder send me a email, 1 day later saying that he didn't want the coin, nothing I could do if the winner bidder wants to cancel the purchase he can do so, it happens allot of auctions, what happens they bid a crazy price days before the end and actually forget they bided, they find something else they want, when they win the item they want to cancel the purchase.

So just to make it easier on my behalf I have listed a buy now price

Thank you
If you would like to know more on the coin you may call me on 0421 322 463


Regards peter
- optimum_urbanwear

I shall take time to absorb the reply before I make any further comment.

[accumulator]

So that just means his shill bidder won the last auction because he wanted a higher price for it , this happens far too much on ebay IMO.
If he wanted a higher price for it he should have started the auction higher in the first listing, i won't bid or buy from any seller that does this.
This is all just my opinion.

[ausproofs]

So that just means his shill bidder won the last auction because he wanted a higher price for it , this happens far too much on ebay IMO.
If he wanted a higher price for it he should have started the auction higher in the first listing, i won't bid or buy from any seller that does this.
This is all just my opinion.

I agree with you there.. As a matter of principle you have to honour your sale... I know a well known ebay seller/dealer did this to one of the coins I was bidding on... From that point I have decided not to bid on any of his coins going forward...  Plain and simple... :dodgy:

[Nevol]

Looks like shonky goings on to me.

Current Listing
http://www.ebay.com.au/itm/Australian-Coin-1813-NSW-Fifteen-Pence-First-Australian-Coin-/121357829642?pt=AU_Coins2&hash=item1c417d860a

Previous listing that ended with 31 bids from 12 bidders, winning bidder feedback of 9, bid activity with this seller 93%
http://www.ebay.com.au/itm/Australian-Coin-1813-NSW-Fifteen-Pence-First-Australian-Coin-/121355118489?pt=AU_Coins2&hash=item1c41542799&nma=true&si=H8zSmMEVoszL18PZxBFdS1KVOAg%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

Another ended listing of the same item Price $14500.00
http://www.ebay.com.au/itm/Australian-Coin-1813-NSW-Fifteen-Pence-First-Australian-Coin-/111370716181?pt=AU_Coins2&hash=item19ee364415&nma=true&si=H8zSmMEVoszL18PZxBFdS1KVOAg%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

[purplepennyhunter]

They've got a glowing feedback from the sale that never happened.

The buyer having purchased the last 11 items (in the feedback) from that seller.

And bid out and lost on the others that I have looked at so far....

This keeps getting dodgier by the minute.

Let me quote one of their feedback "dishonest seller".

[robbiegal]

changes seller ID quite frequently as well

[Sapyx]

To answer the OP's question: yes.

I was once high bidder on an item being sold on eBay by one of the big-name dealers. The listing was cancelled a few hours before it was due to end. A few weeks later, it was back up, with an opening bid price three times what my max bid was.

Last time I went to that coin dealer, that coin was still in his shop window. It's been four or five years now.

[drakesterling]

To answer the OP's question: yes.

I was once high bidder on an item being sold on eBay by one of the big-name dealers. The listing was cancelled a few hours before it was due to end. A few weeks later, it was back up, with an opening bid price three times what my max bid was.

Last time I went to that coin dealer, that coin was still in his shop window. It's been four or five years now.

Some sellers just want too much. The 2000 mule graded PCGS MS63 had been bid up to $6k at one stage, but I knew the seller wanted over $7k. He cancelled the listing, but now, months later, the coin is available on gumtree for $5,500.

[markn]

Some sellers just want too much. The 2000 mule graded PCGS MS63 had been bid up to $6k at one stage, but I knew the seller wanted over $7k. He cancelled the listing, but now, months later, the coin is available on gumtree for $5,500.

There's a dealer I know of here in Adelaide that has had virtually the same coins in the front window the ENTIRE TIME I've been collecting coins.  There's some nice things there but my gosh are they expensive.

[Robster]

I know that window.!! :angel:

[Goldseeker]

So, is this particular sale a "don't go there" or what?

[Fordprefect]

So, is this particular sale a "don't go there" or what?

I would say Don't

The ancients he's listed appear to be copies :idea:
The image for the Dump looks to be real, but that
dosn't mean the winning bidder is actually going to get it.

[interest]

Any way you could see it in your hand before buying?