So... what is the proper cooling off period

[swarmee]

For a hidden gem auction on eBay that has closed? One full business day so that the item can be shipped? Three business days?

What say ye? I will wait the appropriate period of time before asking who won an auction this weekend that was poorly advertised, but still had a spirited bidding war.

[Stonepony]

Sadly there are those that will contact the seller and ask to be sold the item despite a closed auction...and sadly there are auction sellers that would respond and sell the item from under the auction winner. I'd wait at least 3 days.

[Sean1125]

Item in hand or 10 days.

[jp1216]

Great topic. I like the 10 day rule.

[Leon]

Two days after notice of shipment, with tracking, is fairly safe...

[Exhibitman]

Gotta wait until the tracking shows actual dispatch from the originating post office. There are too many people with no class who will try to undermine a deal otherwise.

[Bicem]

10 days after item in hand just to be safe that it wasn't just all a dream.

[bnorth]

Originally Posted by Sean1125

Item in hand or 10 days.

+1

[Runscott]

I'm not understanding the responses on length of the 'cooling off period'.

Members here regularly post links to ebay auctions that just ended. Am I not understanding the question?

[veloce]

Originally Posted by Runscott

I'm not understanding the responses on length of the 'cooling off period'.

Members here regularly post links to ebay auctions that just ended. Am I not understanding the question?

The idea is that if you out an auction that has just ended under market value, unscrupulous buyers may contact an unscrupulous seller and collude to cancel the sale. By waiting 10 days to out the auction, the seller will have shipped the card and can't try to sell it for a better offer.

[Runscott]

Originally Posted by veloce

The idea is that if you out an auction that has just ended under market value, unscrupulous buyers may contact an unscrupulous seller and collude to cancel the sale. By waiting 10 days to out the auction, the seller will have shipped the card and can't try to sell it for a better offer.

I understand the reasons, I just don't understand Net54 members responding as such, given that we regularly post ebay links as soon as an auction ends;i.e-we are posting theory, not action.

[insccollectibles]

I thought you were referring to this at first

http://www.ebay.com/itm/1909-1911-T2...item2c96596bf4

[vintagehofrookies]

Originally Posted by ins02

I thought you were referring to this at first

http://www.ebay.com/itm/1909-1911-T2...item2c96596bf4

wow looks like someone forgot a 0 on that price

[Sean]

Originally Posted by ins02

I thought you were referring to this at first

http://www.ebay.com/itm/1909-1911-T2...item2c96596bf4

How the hell did this happen?

If I sound angry, it's only because I'm mad at myself.

[Exhibitman]

Originally Posted by Runscott

I understand the reasons, I just don't understand Net54 members responding as such, given that we regularly post ebay links as soon as an auction ends;i.e-we are posting theory, not action.

If I have no skin in the game, I don't bother worrying about when to post about an interesting item. I thought it was a winner asking how long to wait until posting about a lucky snag. I always wait until I see the tracking showing actual deposit in the mail. Once that happens I feel safe to divulge a big win publicly.

Not that anyone would bother interfering with the crap I collect...