Made an offer on an eBay
lot that was an "or Best Offer" slightly more than the opening bid. I was turned down. The item closed and I could not tell if it had sold, so I inquired about the selling price of the item. Turned out the item did not sell and the listing company offered me the item for the starting bid.
So they turn down a higher offer and then when it got no bids, they offered it to me for the starting bid? Interesting business model!
And it might not come as a big surprise that it was a Carefree auction firm that gets discussed frequently on this forum!