I have had several auctions canceled - but only with mutual agreement and usually after I have returned an item. I cannot blame him for trying, but that does not mean that you have to agree.
I thought that when a buyer or seller wished to cancel an auction Ebay only allows this for certain reason which must be given at the time of the request to cancel. Surely Ebay conveys these reasons for cancellation to the other party involved.
This is ebay's policy on ending a listing early.. this happened to me once with a paperweight and the seller must have realized it was worth more (which it was ) and ended auction early when I was the high bidder, I was not happy for sure and couldn't even fight it . Here is ebay's policy on ending a listing early: "If there are more than 12 hours before the end of the listing, you can end your listing early. If there are any bids on your item, you can end the listing or you can sell the item to the high bidder. If there are 12 hours or less before the end of the listing and there are bids on your item, you can’t end the listing early. However, you may cancel bids or sell the item to the high bidder. Note: Canceling bids or making changes to a listing with bids when there are 12 hours or less remaining can damage the buyer experience and can undermine trust. "
The reasons I received for why the seller(s) wanted to cancel the transaction(s) was because one didn't get what THEY thought the item was worth in their auction, which is their problem; the other one thought I was taking advantage of them on a BIN deal, which THEY set the BIN price not me.
However, this is a totally different situation from what the OP of this thread is talking about. His situation is, he won the auction. The seller wants to renege the sale. What you're referring to is ending an auction earlier than advertised and the procedure to go through if there are bids on the auction at the time.
At the very least, you can reduce his feedback rating from 99.4% by adding a negative feedback if you go through with cancellation.
Just my example that sometimes sellers change their mind and in this case the seller should have had a reserve price if he wanted more. But alot of sellers don't want to pay the reserve fees.
The deeds been done, I declined his request, Ebay closed the issue and I paid for the Item thru paypal. The ball is in his court now.
With a name like bikerbob I am confident he will follow through with the sale. All us bikers are just like that.
I would tell the seller that you won the coin fairly, and that you would like to proceed with the sale. I did win an auction once where I got a coin way below market value. The seller offered me twenty bucks to cancel, and I accepted. We were both happier that way. Someone mentioned the threat of legal action above. While there is certainly a contract in place, threatening legal action will likely see your bluff called. Nobody wants to spend hundreds/thousands to get a lawyer on a $100 coin case.
Actually, it would be a small claims case because the value is less than $3000 or $5000 depending the jurisdictional limit of where the seller(who would be defendant) resides, as that is where the case would have to be filed and heard, which would cost more than an attorney would when you add it all up, filing fees, r/t transportation to and from the sellers jurisdiction, hotel/motel if needed, etc.
Get real! The seller is in South Carolina, where a small claims court could obtain jurisdiction over him IF the buyer went there to sue him. The buyer is in Indiana, where the small claims court could possibly obtain jurisdiction to adjudicate (depending on Indiana law) but even if successful the buyer would then have to take his judgment to South Carolina for enforcement. In a law school exam problem the buyer wins - in real life he's up a very long creek without even a picture of a paddle!
You declined, so the seller "mails" it without delivery confirmation. After a week or two when it doesn't arrive you file a complaint. Since he didn't have delivery confirmation paypal finds against him and refunds your money. So after three or four weeks you have your money back and he has the coin he never actually mailed which in the meantime he may have sold elsewhere.