If a winning bidder doesn't pay, shopgoodwill doesn't penalize them. They simply relist it. It is ripe for trolling.
Well obviously if you aren't going to enforce sales, you WILL get trolls bidding tens of thousands of dollars for Timexes in which they know they aren't in the slightest bit interested! It makes them feel as if they are important.
What are fair prices for Railmasters these days? There aren't many that come up for sale publicly so it's tough to gauge.
I'm going to say 8-10k USD for a decent example that is not a -1. Significantly more if condition is tops or has a lollipop or is a -1.
I would love to find a nice 2914-X for under 10k...from my experience it aint gonna happen unless it has issues.