What would you do?

When I first started buying on Audiogon, I wanted to make all of my purchases COD. I had never had the experience of just sending a fully negotiable note to a total stranger on unsupported faith. A few sellers, who undoubtedly had experience themselves doing precisely that, reacted in a put-off way to my seemingly suspicious request, but ultimately agreed to ship COD if I paid the extra charge, despite the slight inconvenience and the longer wait for the funds. After doing a few transactions this way with no problems, and getting used to the feedback system, I became comfortable enough with the process to drop my COD demand. (It also didn't hurt that I had sold a couple of things on the 'Gon without the same demand being placed upon me.) I have since made several more purchases by just sending the money orders, with no problems. But I can't truly say that this is actually the wisest approach, rather than simply the easiest. I do utilize the feedback system, but ultimately depend mostly on my own perception of the quality of communication with a prospective seller. However, if I am honest with myself, I can't claim any special powers of divination when it comes to evaluating the honesty of an online or over-the-phone correspondent. I think part of my behavior can be explained by not wanting to spend extra, part by having been lulled by my admittedly limited experience into a quite apparently false sense of security, and part by just a simple desire to trust and be trusted. If and when I wind up paying the price for this trust, or ignorance, or arrogance - however you care to look at it - I'm sure my behavior will perform a 180-degree hairpin turn in the regressive direction. Nevertheless, I continue to remain optimistic about my chances around here given the quality of the folks on A-gon, feeling my eventual burning will, in all probability, occur in the wild, wild west that is ebay.

That is very interesting, Rrick, and I had no idea. I thought it was strictly caveat emptor. Ebay must feel that they actually do have some kind of responsibility or liability here, either in the legal sense, or in the court of public opinion. I'm sure you're right in opining that they probably don't pay out too often, but if they ever pay anything at all, they must figure that expenditure to be ultimately less costly than the alternative of never paying anything to anybody. I'd like to know exactly why that might be, so as to understand the implications. (Or do they try and collect from the fraudulent advertiser any money ebay pays out?)