I only partially believe the seller’s story. I suspect he made the same mistake that I once did. He probably intended to hold a 7-day auction, but accidentally hit the 3-day button. He didn’t realize this until it was too late. As soon as you made your first bid, the system wouldn’t allow him to increase the auction’s duration and he was stuck.
How bad do you really want (or need) the card? If it’s high, I would attempt to negotiate a reasonable price - probably under market value, though. If you do not do this, I suspect the seller will find an excuse to “cancel” the transaction.
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