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My understanding is that the seller ended the listing early, so it's entirely possible that the high bidder offered the seller some sort of buyout fee. The buyer would avoid the risk of the price hitting $1500+, and the seller would (in violation of eBay's seller rules) avoid a large chunk of potential final value fees.
James, if you go to the auction and click on the "14 bids" you can see where the auction began on March 2nd and was ended on March 5th.
The duration of the auction was originally set for "7 days."
You're welcome, James.
I find something new about Ebay every week.
At the top of the auction it says "This listing was ended by the seller because the item was sold."
If the auction ran its course in the normal way, it would say "Bidding has ended on this item."
My understanding of the process is this:
The seller may end the listing early, but is required to pay the eBay FVF on the item's highest bid. Depending on how the seller ends the listing, the sale either obligates the buyer to purchase (end listing early) or indicates the item is no longer available (listing ended due to XXXXX reason). So, the seller wouldn't be obligated to sell the item to the highest bidder (at the time), since the item might have been previously sold.
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