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Posted By: boxingcardman

Marty: From what I've seen, the reason auctioneers on ebay don't use reserves are mainly that it costs money to place a reserve and some people (myself included) don't like to bid in reserve auctions because so many sellers use them to ferret out a market price and then try to sell the item off-line via email contacts.

Again, the issue here isn't overpayment for the item; my hypothetical assumes the item sold for a fair price. Whether the price is "right" is a red herring. The real issue is whether a seller should be rewarded (paid) for illegal, unlawful, against the rules of Ebay conduct.