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Strange ebay listing?

Seen this last night at around 11pm, too late to discuss further with the seller, i could have but decided not to persue it :) but cannot understand why there were three bids on the watch when the buy it now was well underpriced at £475??.

Again it was still listed this morning but thought best to leave it, it may well be a totally legit listing but cannot understand why the buyer would sell it for that price when he had an idea of the value?.

All a bit bizarre to be honest, anyhow i hope someone in the community got a deal and the seller got what he valued it for.

http://www.ebay.co.uk/itm/1960-s-vintage-Heuer-Autavia-Gents-Watch-/250951279241?pt=UK_Jewelery_Watches_Watches_MensWatches_GL&hash=item3a6ddca289

Would be interested to hear others views on it.

Regards,

James.

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