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I don't think it is as simple as claiming there is a contract and to pay up.
It is a contract, however, the seller misrepresented several material facts in the ebay listing. Fraud and misrepresentation are defenses for voiding a contract as are "mistakes" which are when a party believes a fact to be true when it is not.
You will have no problem getting your money back from paypal or your CC company. If it was a wire transfer which it sounds like it was, you are out of luck unless the seller changes his mind.
I would name drop as a last resort.
Good luck.
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