I do have an update and thankfully it's a positive one.
So I emailed them with proof of authenticity and requested that they have a 3rd party authentication service look at the item, if their own authenticators can't determine authenticity. I offered to pay the fees, if need be. I received a reply much faster than anticipated (so have to give them credit for that), telling me that my account has been reinstated (I checked and it was) and that they'll have another authenticator review my item. If then is decided that it is indeed authentic, my funds will be released and they'd contact my buyer. The next day I received a follow up email with the news that after another authenticator reviewed my item, the verdict came back as authentic. And along with that I got an apology for their mistake. And while on my sales page the transaction still shows as cancelled, my funds have been released.
Anyway, I'm pleased with the way this turned out, though it has given me quite some stress, especially since I had 2 other items in transit to their headquarters. The only good thing out of this is that my buyer now gets to make the purchase at a discount directly from Posh, should she still be interested.
I'm not sure I'll continue to sell on Posh and if I do, I'll make sure to withdraw all the funds in my account immediately, instead on leaving them lingering on Posh like I did in the past.
So I emailed them with proof of authenticity and requested that they have a 3rd party authentication service look at the item, if their own authenticators can't determine authenticity. I offered to pay the fees, if need be. I received a reply much faster than anticipated (so have to give them credit for that), telling me that my account has been reinstated (I checked and it was) and that they'll have another authenticator review my item. If then is decided that it is indeed authentic, my funds will be released and they'd contact my buyer. The next day I received a follow up email with the news that after another authenticator reviewed my item, the verdict came back as authentic. And along with that I got an apology for their mistake. And while on my sales page the transaction still shows as cancelled, my funds have been released.
Anyway, I'm pleased with the way this turned out, though it has given me quite some stress, especially since I had 2 other items in transit to their headquarters. The only good thing out of this is that my buyer now gets to make the purchase at a discount directly from Posh, should she still be interested.
I'm not sure I'll continue to sell on Posh and if I do, I'll make sure to withdraw all the funds in my account immediately, instead on leaving them lingering on Posh like I did in the past.