An ebay seller, who sells a mix of modern, medieval and ancients, adds a handful of ancients in Auction format (rather than BiN) starting at Eur 1. These are Private Auctions so the bidder identities are entirely hidden. Bidding is fairly active and the coins end at wholesale (or even below) rather than retail prices. Three days later the seller relists the items for sale in BiN format. I was the under-bidder on four of the five coins listed and can only assume that the seller was using a separate account to bid on their own coins to prevent them selling too cheaply but avoiding any costs incurred from including a reserve price in their original listing. Ho hum. I went and bought myself a large mixed lot of coins instead to keep me busy.