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the seller probably noticed that a used one just sold for $550 yesterday. Since this one is new and he's selling worldwide it should go for much more...
Low feedback score and they've already submitted several bids - each time to bump up the price just a small amount. Either they're a total eBay newbie (unlikely given what they're bidding on), or methinks they're affiliated with the seller.
$355 and 5 days to go?!?!? Forget investing in gold these days; time to source Syncros cranks.