Am I missing something obvious here?

http://tinyurl.com/s6jpm

I know this guy has a couple of negative feedbacks in the last couple
of months, but nothing earthshattering - he still has a 99.1% positive
rating with lots of sales.

These things normally go for waaaaaaay more than this, so I'm thinking
there's some reason for the ridiculously low price with less than 24
hours left in the auction.  At this point, auctions for M3's are
usually far higher, even with low starting bids and no reserve, I'd
expect it to be in the $500 to $600 range ~minimum~.

I must be missing something.

--
"Sharpness is a bourgeois concept."  -Henri Cartier-Bresson

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