In the first instance, I bid on a Krugerrand, but became a bit wary and stopped bidding.
The buyer who won placed one bid above mine, and got (he/she thought) a bargain for
less than 1/3rd of the market price.
My wariness was confirmed when I got a SECOND CHANCE OFFER from the fraudster!
I then checked COMPLETED LISTINGS worldwide, and found exactly the same listing,
with the same pic, that had ended 2 weeks previously in America.
The second time was tonight (hence this "guide").
This time I bid on a Perth Mint Nugget.
After looking at his feedback of 15, I realised that he had only been a member for a few months,
and only had one feedback for a sale.
Again I checked COMPLETED LISTINGS, and this time I found it was lifted from a Darwin listing
that ended a week ago, right down to a cropped photo of the same nugget
(cropped to remove the original sellers ID).
Thankfully, I have been outbid, but I will feel sorry for the winner.
I have reported it to eBay Customer Support ...
The lessons to take from this,
* check sellers feedback
* check how long seller has been on eBay
* CHECK COMPLETED LISTINGS for similar items
Regards, and Good Luck