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Message:: [QUOTE="-jeffB, post: 1904730, member: 27832"]First, good on you for going public with this story. I hope it'll help others avoid the same mistake. (Especially now that it's appeared on Coinflation!) That said, a couple of lessons that I see here: 1) If you offer to accept returns on eBay, you've got to accept returns on eBay, whether it's for a good reason, a bad reason, or no reason at all. If you check the "no refunds" box when you start your listing, it doesn't prevent you from accepting returns -- it just means you're not compelled to accept them. Once you've listed the item and said you'll accept returns, you're obligated to honor that policy, like it or not. 2) Given that that's the case, it's a terrible idea to offer returns on something that's obviously enjoying a short-term spike in value, or that might be at risk for a short-term dip in the near future. I have ethical problems with doing the "risk-free PM speculation" thing (buy with a return policy, keep if it goes up, return if it goes down), but there's absolutely nothing legally or contractually wrong with taking advantage that way, and no way to prevent people from doing so. The horror stories of people abusing eBay's "Significantly Not As Described" policy are a separate issue. So is eBay's heavy bias toward buyers in Buyer Protection vs. Seller Protection disputes. But in the case you've described, if you had not offered returns, you would have been in a much stronger position, and you might not have had to give up your windfall. Having said that, though, you're clearly choosing the best possible way to deal with the outcome. I've seen stories from many disgruntled sellers who could learn a lot from your attitude. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]

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