Seller cancels bid on E-Bay

I'm not really upset, but I thought that once a bid was made it was a binding contract between seller and buyer.

On 9/12/16,
very unprofessional to cancel an EBay contract just because you didn't get the price you wanted.

Dave

Reply
New message from: dcleveland_5202 (437)

Sorry you feel that way but not in the business of giving away stuff that is valued at over 5 times the value of what it was bringing.


Get to know dcleveland_5202
• Located: Elberton, GA, United States
• Member since: Jan 02, 2003
• Positive Feedback: 100%
Only purchases on eBay are covered by the eBay purchase protection programs. Asking your trading partner to complete a transaction outside of eBay is not allowed.

 

Log in or Sign up to hide this ad.

...but he was the one who set the minimum bid.

Honestly if a seller isn't prepared to sell something for a low minimum, they should set their minimum higher. The whole point to a minimum bid is that it is the minimum you will accept. If they still want to start with a low minimum to attract customers, they can do that to with a reserve price. They cannot, however, set a low minimum and no reserve and cancel the auction because they didn't get as much as they wanted.

Having said that, the seller can always just claim the item was lost (or whatever) and it's hard to prove that it isn't the case. There is literally no way for eBay to actually enforce this contract and make him sell you the coin, so while the guy is obviously a jerk for doing this, I'm afraid you're just out of luck.

 

This the item(s)?
http://www.ebay.com/itm/1968-2010-U...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

 

It's happened to me too more than once. If a seller accidentally set a 99 cent BIN instead of an auction, I completely understand pulling it. Otherwise he should honor it. But I think your only recourse is to not give this seller any business.

 

It's happened to me before. I let the seller know how I felt about & let him say his piece (which only made me madder). But realistically there's nothing more that can be done. Just don't bid on their stuff & if you're the type who will, leave a bad feedback. But if you do explain why in the space you have, so briefly.

 

No, C-B-D.

and in response to Jaelus, I was a high and only bidder over the opening price, only to be cancelled in the last minutes of the auction. Sellers reason was "Item no longer available".

 

I would have been tempted to tell him that he should be glad to get $50 for that junk.

 

Then this is the only other listing I can see that he ended early:
http://www.ebay.com/itm/2-Beautiful...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

 

Ok, so if the auction didn't complete, unfortunately there is no contract. Just don't buy from that seller in the future.

Sent from my SM-N910V using Tapatalk

 

Honestly, this happens all of the time on eBay. There's not a whole lot you can do about it. My best advice is to make sure you put in a reasonable bid (i.e: above silver melt value/face value on non silver coins, or at least 75% of a coin's retail value) more than 12 hours in advance of the auction's end.

Given that I've been both a buyer and a seller on eBay, I can see both sides of this story. I've routinely had people to try buy my stuff at auction below face value and below silver melt value. Not too long ago, one of my Barber dimes worth about $2 went for 34 cents. I keep my shipping low to encourage bidding, and this kind of thing doesn't usually happen as a result. Needless to say, I wasn't very happy at all about it. None of us who are on eBay are in it to lose money and/or get ripped off like that.

On the other hand, it's great to get a good deal within reason. If someone lists a 1916-S Walker as a 1916 Philly, and you pay the Philly price for it, more power to you! Not the buyer's fault that the seller was ignorant. And yes, I saw someone do this very thing involving that coin recently.

 

That makes you angry! If they want more then they should set the minimum or reserve price. Not your fault they don't want to pay for that!

 

I think everyone on this thread should file that name away and not do business with this seller. For practical purposes, that's all we can do -- and it's the most powerful thing we can do.

 

That's the one Only it shows the end of auction with no bids. E-Bay sent me a notice that my bid was cancelled.

 

I would contact eBay. He pretty much said he cancelled it because he didn't like the price in the reply he sent you so he can't claim lost or sold elsewhere etc. Curios what eBay will do with this. Please call them and let us know

 

What a richard. Over some stupid cheap danscos. Bad business. I'd send him a link to this thread to show him how his business practices can come back to publicly bite him

 

There are no binding contracts on ebay. Buyers can cancel bids whenever or just not pay for things they win/won and there is nothing that can be done about it. Right or wrong as long as buyers have that ability sellers should as well in my opinion.

 

Interesting point for sure. I hate when bidders cancel their bids and purchases. Two weeks ago I sold a $1000 coin at auction and the buyer said he wasn't going to pay because "his wife would kill him." Nothing I could do about it!

 

Exactly. Or when they win like 3 or 4 of the same coin and then decide which one they want and cancel the others.

I just feel the rules should be the same for both sides. If buyers are allowed to do that sellers should be as well

 

Thankfully, I sent that $1000 coin to CAC and it stickered, so hopefully it'll sell for more the second time around.

 

It's just frustrating that either party can do it. Be honest and do what is right!