Well since we are trying to educate on eBay, please go to their site and read the following. Yes, eBay provides an "Out" for both buyer and seller, but the risk is high regardless:
Rules for buyers: (
paraphrased below) (
Source Page of information)
√ You must pay for any item you buy.
Many of the items on eBay are sold in an auction-style format where you can make bids. Bidding is a lot of fun, but remember that each bid you make is a binding contract to buy the item if you win. The same is true for Buy It Now purchases. Not paying for an item after you have agreed to buy it has some negative consequences, which are explained in our
unpaid item policy.
√ You can only bid if you really intend to buy the item, even if you’re making a
non-binding bid.
Non-binding bids can only be made on certain items, like real estate and vehicles, but they still mean that you are seriously interested in buying the item. The bottom line is, don’t place any bid unless you mean it.
******** There is a lot more information on the page links above, this is barely scratching the surface. Also note that if you have never bid on an Automobile before, or have a low Feedbak rating, be prepared to validate your bid over the phone. ********
Best of luck on your quest for a Gem!