That was the wildest eBay auction I've ever seen. I happened to start watching the D130 with about 45 minutes left.....minimized it and would go back every now and then and check on it. I have no explanation as to why or how this happened.
Anyway, with a little over 6 minutes left, 35 bids and a top bid of over $2600 , all of the sudden, the listing totally changes. Up pops a "Buy it Now" which hadn't been there, but now there's a BIN of $4000, and all 35 bids are wiped out......the clock never changed....and back with NO RESERVE. Very quickly a guy jumps in at 99 cents, and under the listing, there's no message stating the seller's reserve hadn't been met. This is blowing me away as the clock hadn't changed.....now 5 minutes left. The bidders who were watching are frantically trying to get their bids back in........but just the lowballers for a few minutes. At 40 seconds and at $610, I figured what the heck and plugged in $1500 thinking I could resell it.
Before the listing changed, the seller actually had a high bid placed of over $2600, the guitar was finally settled at $2125 after the snafu. Wow..........the listing posted a message stating that it was an eBay error....not sure if that was posted by eBay or the seller. Long story short, the snafu cost the seller at the very least over $500, and someone got a D130 for $2125. The heck of it is that you'll never know where it may have ended up if left alone....could have easily gone over $3000. I'd be very interested to know what happened?
My guess is that the seller saw the bid activity and began to lick his chops at over $2000 and thought he might entice a BIN of $4000, and figured he could change the listing with 5 or 6 minutes left, but when he did, he wiped out ALL existing bids and went right back to zero.......again, the clock never changed and with no reserve. According to his rating and feedback of 5, he had never sold anything, but had been an eBay member since '99. In other words, in a second, he went from over $2600 back to zero with NO RESERVE and less than 5 minutes left. I'd love to know what actually happened? If it was an eBay boo boo or if was the seller screwing up his own listing?
I've saved the listing and if you go to it and look under bid history, next to a record of each of the cancelled bids, it says, "eBay error did not put up my buy it now or my reserve price". Very interesting. If this were an eBay error, would they be liable for the mistake?
Man, that was exciting to watch......bet the seller is pi$$ed either way!
West