What the hell is the deal with this PWCC auction

[Peter_Spaeth]

Originally Posted by Brent Huigens

This is an extremely frustrating situation for us. We have been in communication with both bidders who retracted bids on this listing. The original high bidder (the first bidder to retract) clearly retracted in violation of eBay and PWCC policy. Following our communication that bidder cancelled yet another bid and is now permanently blocked from participating in future auctions. The other bidder (the current high bidder) became frustrated by the first retraction and understandably questioned the legitimacy of the auction. He/she then retracted again to change his/her max bid given the fact that it had been revealed by the original retraction. He/she is a very regular bidder and has spent almost $60k with PWCC in the last three months, and has every intention to proceed with the purchase should he/she win the card.

We have emphasized this very case with eBay Trust & Safety as a textbook example of the problems that bid retractions cause to the auction environment.

Betsy Huigens
PWCC Auctions

The current high bidder has 14 retractions if I am reading it correctly. What happened to the 10 max policy? Or is there an exception for regular bidders who spend a lot of money?

30-Day Summary
Total bids: 87
Items bid on: 40
Bid activity (%) with this seller: 39% Help
Bid retractions: 4
Bid retractions (6 months): 14