Yep, second chance offer is automated, it goes at your highest bid, which is what you were offered. Take it or leave it, its up to you.
There are a lot of deadbeat buyers out there, so this offer could be very legitimate, or it could be fishy.
I've had 14 deadbeats in the last 18 months. Just got #15 this week. In my case, I have it automated that the non-pay notice goes to the buyer after four days (ebay does it for me), I wait another week for possible payment, then ebay refunds my fees and the second chance offer goes out. Most of the time (90% or more), people turn down second chance offers. There seems to be this assumption that it was a fishy auction (shill bidding or whatever) versus a deadbeat winner. A lot of buyers on ebay never sell, and a lot of sellers never buy. So the two groups don't understand each other very well.
Give us a count on the days between the end of the auction and your second chance offer, that will tell us whether it is legit or not.
I have gotten second chance offers on various supply items, got one last week on shipping labels I bid on within 4 hours of the close of the auction. Seller sells thousands of labels a week, so anyone bidding on his labels likely gets a second chance offer (he starts the auctions high enough that he is satisfied with any bids).
You were willing to pay 137 pounds for it before, so what is wrong with paying 137 pounds now? If you wait for it to be resold, the next auction could go higher, you never know. So passing on an item at a price you were willing to pay is kind of odd. My max bid is always low enough that I would gladly accept a second chance offer.
As far as whether you would have won the auction at 103, that's really hard to predict. As the price went up, other potentially interested bidders lost interest. So had the price not gone up, there may have been new bidders enter into the auction.
Last edited by wrk101; 11-26-11 at 11:12 AM.