Yes it sure does, This might be a hobby for you but keep in mind it's a business for me and business is business and I have know way of knowing whos bidding. If it's rare and a customer says pay what you need to pay to get, he will own it. Anyone out there could have emailed this guy and made him an offer as I did and they would have because there was another guy coming at 10am sunday if my guy did not show up. so for that I'm happy to have it for my customer. The guy could have said no I'm letting the auction run but he didn't. I was instructed to put $3800.00 high bid if he wouldn't end the auction. If you all were willing to have paid more, then I'm sorry, if not I got a hell of a deal.
It's really not a case of the early bird getting the worm and of course you wouldn't know who is bidding. That's not a factor. IMO, it stinks more on the part of the seller. I think an auction format should run to the end, but eBay does allow the seller to end it because it is "no longer available...".
