I am really in the dark here.  First you say ebay is not an auction.  Then what have I been bidding on for 8 years with almost 1000 wins and many more items that I was outbid on? Just the other day for a Wasp Woman insert i came in third. Was I outbid in an auction or not?  
 
Secondly--If a person is willing to sell something at a price and another person is willing to pay that price, then why isn't that the value of the item?  Are you saying that regardless of when two people enter into a contract where one sells and the other buys that the value they have established is wrong and that only someone else can tell them what the item really is worth?
 
I have no clue as to what your point here is.  Please explain as I just can't figure it out and believe me I am not being sarcastic here.  I just cannot understand your point.
 
Claude
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