Why do E-Bay allow sellers to advertise goods at ridiculously high prices , ripping people off. one

[kevstewart2011]

Why does E-Bay allow posts for goods at unrealistic prices that give buyers false information and leads to buyers being coned out of money.

One example 2016 U.K "battle of hastings 50p coin, fact the coin is only valued at abeing advertised for £50 up to thousands of ££'s , when in fact a used coin is worth no more than £1 the site is full of them. 

This sort of thing is  giving E-Bay a bad name.

[rusticrye · Accepted solution]

It's a free market - people can charge what they like for their coins.

And buyers have free will - no-one is forcing them to pay high prices for these coins, least of all Ebay.

This isn't giving Ebay a 'bad name' in any way.  Most folk - unless they've recently arrived on Earth from Zog - are fully aware that Ebay can have no control over coin-pricing, and that every coin-listing is the entire responsibility of the seller. They know that if a buyer is stupid enough to pay an inflated price for a coin, then that is the buyer's choice. Ebay isn't here to save fools from themselves, although their 30-day Money Back Guarantee helps.

@kevstewart2011