I had a really good sale tonight... too good really. A coin sold for almost $600 that could be about half of that really. The high bidder pretty much immediately requested a cancellation, without so much as a reason for why. Probably entered a wrong amount would be my guess. I had 3 OTHER bidders all over $500 on the coin. None are wanting a second chance offer, as probably all 3 think I shilled it up. Hopefully I do not lose 3 potential future customers of this. What could have been a great sale turned out to be a waste of time thanks to my high bidder. Sometimes these things really do happen.. it is not always a shill.
I had that happen once as well :-( A beautiful 1876-CC Seated dime in MS-63 and a rare 1828 small date Bust dime in AU-58. The bidding towards the high-end was largely between a newb & a dealer. The prices went crazy, because the dealer (I'm guessing) wanted to play the upgrade game as they were both old holder coins with original skin & toning. The newb won them.....no payment after 10 days, then the dealer backed out because it looked pretty fishy. Had to relist and none of the interested parties seemed anywhere near as interested. About $200 each worth of less interested. Not cool!
Sorry to hear that. I would relist it immediately, if you haven't done so already. Perhaps you could also try a BIN around $600 with a make offer option. I know it could possibly make it seem more like you shilled it earlier, but I think if they already think that then you're not going to change their mind anyway. Maybe one of the previous bidders still feels compelled to make an offer at or over $500. Maybe one of those bidders thinks, "well last time I was willing to purchase at $500+ but since I now think he may have shilled it I will come down to $400+ and get a steal! If you were expecting half of that then even something in the $400's might be well worth it to you. I've had buyers back out immediately also. I don't suspect the buyers in my instances were doing anything nefarious. In my cases I do think they probably had buyers remorse, but it makes one wonder if they are trying to cause you harm for some reason.
