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Outlandish bid received, request to cancel received
I listed an item for sale by auction. The auction was approaching its end and the item, worth approx £150 new, sold for over £1,300! The buyer swiftly posted a request to cancel the order. As I understand it, bids increase incrementally up to the top bidders maximum price willing to pay? So if this buyer made a mistake, it must mean that another buyer placed a top bid incrementally lower than the buyer? Has this buyer paid the price for a dodgy tactic or may it be a genuine mistake?
4 comments
*vyolla*
Mentor1 week agoIf you look at the bid history you'll see that you had two bidders bidding against each other there.
trum1407
OP1 week agoHow do I view the bid history?
trum1407
OP1 week agoFound it, thank you
red_magpie
Mentor1 week agoIt isn't clear what these two bidders (or one bidder using two accounts) hoped to achieve by this absurd overbidding. This doesn't even seem to be a "must have" item that would attract bid manipulation.
It's not uncommon for a bidder to accidentally increase their bid tenfold by putting the decimal point in the wrong place. But not two!
I doubt you will ever know what happened - or get paid for the sale. If you don't get paid within four days you can cancel the sale and relist. In your position I would place both bidders on your blocked bidders list.