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

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.

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The value of anything is what someone is willing to pay for it. If a price is too high, no one will buy. Ebay cannot dictate what sellers can ask, and no one is being "conned", it is up to buyers to make their own decisions. It is certainly not giving Ebay a bad name.

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