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Originally Posted by John F
I have yet to have an ebook on hold and it become unavailable. This is for multiple libraries over the past ~10 years (in the U.S.).
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You can occasionally see this status on books at OverDrive libraries:
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0 of 0 copies available Wait time: Not available ?
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If you click on the question mark it brings up a dialog showing:
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HOLDS INFORMATION
The license for this title has expired. You can still place a hold on it, and your hold will move forward if the library purchases the title again.
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I have placed some of these books on hold and had the library purchase them eventually.