Originally Posted by
cudak888
I really don't understand why so many buyers look upon Second Chance Offers as if they're some sort of a scam.
-Kurt
Well, this was a scam. The seller was obviously and repeatedly employing a shill bidder to expose my high bid, and run up the final price. When the shill bidder inadvertently 'won' the auction, the shill (the seller, under a different IP address) pulled out of paying - hence the reason for the Second Chance.
In the Second Chance, the item was offered to me at a higher price than would have been the case if the shill hadn't been bidding against me.
This is another reason why bidders should never bid on an auction with more than a few seconds to go. Or bid in even dollar increments.