I'm afraid you're spot on, Sandy. After 3 days of waiting for payment, I received a "Please cancel my bid. Sorry," message. This is why I do mostly BIN's. I don't know if you remember last summer I put up a Trifari piece that was bid up to $2200. Now I can't even give it away. Once a listing gets a lot of attention and is then listed again, people question why it's re-listed and it really tarnishes the item.
I'm not real thrilled with ebay's authenticity guarantee program, especially for costume jewelry. I have to wonder who is authenticating high end costume jewelry and how it's working out for buyers and sellers. I do my due diligence and shouldn't be second guessed by an unknown entity.
I have a 14k ring up right now. I listed it under $500 to avoid the authenticity guarantee program, and now they're offering the buyer an authentication for an extra $40. I don't see where ebay profits from this program since the seller isn't charged for the appraisal?
Anyway, I re-listed the Schreiner bug for $495 BIN and it sold right away. I wasn't about to list it on auction again!
One last thing... why doesn't ebay make winning bidders pay at the end of the auction? I realize they may have other items in their cart, but a winning bid should be paid for immediately in my opinion.
I'm not a hoarder! There's a price tag on everything!
