Do you think you are cheated by eBay Bid Retraction ?
- In order to increase price one has to do CHEATING by one of the following way.Seller will do SHILL bidding by opening other accounts on eBay and bidding with it. If it reach highest price you retract.!!
- Also seller friends who are also collectors will bid on it to increase price (again SHILL bidding) and if you bid is highest than retract.!!!
- Bidder will not pay after increasing price and not paying to seller. Seller has to cancel the transaction by working with eBay
So if you put $1400 as your maximum bid and someone bid upto $1450 and than retract, you will be the winner but your price is increased.!!
Following is classic example of above cheating.!!
So what do you think about BID RETRACTION, after seeing all this retraction!!
Did buyer of this stamp paid to seller ?
Did seller paid commission to eBay ?
But I can see this or similar stamp 1854 stamps is again for auction (Fixed price) for sale for $1250 instead of $1400.!!
In past I saw 207 bid retraction.!! Click following link to read it.