Sadly, I think this is one of those targeted coupons. They want new people to shop with them, so why give it to people who shop with them a lot.
I made two one hundred dollar plus purchases within the last week or so, and they sent me the 10% discount code even after that. In addition, I've been on Ebay since October of 1997.
I used the code about a hour ago and saved fourteen bucks on a pair of springs for my wife's work car.
It's not real often, but Ebay/PayPal do the discount code thing from time to time. It might be interesting to plot when they occur and see if it correlates with quarterly earning statement releases.
I think you do have to have a PayPal account for the discount code to be used. I guess that that's an additional incentive to sign up with PayPal. I like PayPal as a buyer, but PayPal is the reason that I quit selling anything on Ebay a long long time ago.
WoD