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-   -   the list (of criminals) is revealed (http://www.net54baseball.com/showthread.php?t=217245)

Beastmode 01-30-2016 08:20 PM

My suggestion may of been over-simplified, and I can understand why some of you are worked up. I've been about as vocal as anyone against shilling and retractors. Reference my post in June of last year (not sure how to link posts).

Quote:
..."Exactly. REA/Mile High/Memory Lane/Heritage/H&S....all have one thing in common; proprietary bidding software with no transparency. If you want to make an argument about shilling, start their first"



Everyone of us has probably been shilled, some of us multiple times. It's too dam easy for these scum to do this via the internet bidding platform. IMO, shilling is still rampant at AH's; less so on e-bay.

Here's my mental health bidding tips; just my opinions, as I'm primarily a buyer:

1. Assume your are going to be shilled if you bid at an AH. Place your bid as if your going to be shilled; makes your life so much more enjoyable when you win or lose.

2. If your max bid wins an auctions and you think the underbidder is a shiller, don't cry sour grapes, see rule #1. Lower your max next time so your competing against real bidders, not shillers.

3. Learn to enjoy coming in 2nd. I'm an aggressive bidder on cards I like, but I come in 2nd a lot. In all likelihood, shilllers have won several of these auctions, which is just fine with me as long as they paid the commission. This is a hobby, not surgery. If you bid enough, you start to get a feel where shillers will bid.

4. Follow up with your AH policy on reserve bids, consigner won bids, bid history, etc. Hold them to the fire, ask for clarification in writing. Read their fine print. Do nothing verbally.

5. Do not ever say the market was artificially inflated when your bid wins an auction and you may of been shilled. See rule #1 and 2. If your max is what you are willing to pay, then you just set the market my friend.

6. If anyone associated with your AH is on the "list", stay away.

Does shilling suck, yes. Is it illegal , yes. Did the shiller drive up the price, yes. Do you want to get heart disease stressing about shillers? No. Do you have countless free hours to go after these bastards, hire a lawyer and go to civil court? No. Then bid what you think the card is worth, then move on and let the shillers rot in hell. that's my point

ullmandds 01-30-2016 08:24 PM

Shill shillery shill shillery shill shill shillroo!

Quote:

Originally Posted by Beastmode (Post 1498023)
My suggestion may of been over-simplified, and I can understand why some of you are worked up. I've been about as vocal as anyone against shilling and retractors. Reference my post in June of last year (not sure how to link posts).

Quote:
..."Exactly. REA/Mile High/Memory Lane/Heritage/H&S....all have one thing in common; proprietary bidding software with no transparency. If you want to make an argument about shilling, start their first"



Everyone of us has probably been shilled, some of us multiple times. It's too dam easy for these scum to do this via the internet bidding platform. IMO, shilling is still rampant at AH's; less so on e-bay.

Here's my mental health bidding tips; just my opinions, as I'm primarily a buyer:

1. Assume your are going to be shilled if you bid at an AH. Place your bid as if your going to be shilled; makes your life so much more enjoyable when you win or lose.

2. If your max bid wins an auctions and you think the underbidder is a shiller, don't cry sour grapes, see rule #1. Lower your max next time so your competing against real bidders, not shillers.

3. Learn to enjoy coming in 2nd. I'm an aggressive bidder on cards I like, but I come in 2nd a lot. In all likelihood, shilllers have won several of these auctions, which is just fine with me as long as they paid the commission. This is a hobby, not surgery. If you bid enough, you start to get a feel where shillers will bid.

4. Follow up with your AH policy on reserve bids, consigner won bids, bid history, etc. Hold them to the fire, ask for clarification in writing. Read their fine print. Do nothing verbally.

5. Do not ever say the market was artificially inflated when your bid wins an auction and you may of been shilled. See rule #1 and 2. If your max is what you are willing to pay, then you just set the market my friend.

6. If anyone associated with your AH is on the "list", stay away.

Does shilling suck, yes. Is it illegal , yes. Did the shiller drive up the price, yes. Do you want to get heart disease stressing about shillers? No. Do you have countless free hours to go after these bastards, hire a lawyer and go to civil court? No. Then bid what you think the card is worth, then move on and let the shillers rot in hell. that's my point


Steve D 01-30-2016 08:27 PM

Quote:

Originally Posted by drcy (Post 1498015)
There are cases of bidder collusion to suppress bidding and there are cases where a group of collectors each of limited financial means and collecting needs going into together/pooling together their funds to get a large group lot. Two different cases, and the latter may in fact raise the final winner price. The latter can allow bidders of limited financial means and specific collecting needs to enter the bidding where, due to the largeness/variety and expense of the lot, they would pass on the lot on their own.

I still can not understand the rationale of combining different items together into one lot. A good one recently (about 1-2 weeks ago) really ticked me off. A 1971 Padres team-autographed baseball was combined with a 1975 Reds team-autographed baseball. I collect Padres items, and was very interested in the baseball, but I'll be damned if I'm going to pay a premium for it because I'm also forced to also be bidding on a 1975 Reds (World Champions) baseball!

Steve

drcy 01-30-2016 09:26 PM

Quote:

Originally Posted by Steve D (Post 1498026)
I still can not understand the rationale of combining different items together into one lot. A good one recently (about 1-2 weeks ago) really ticked me off. A 1971 Padres team-autographed baseball was combined with a 1975 Reds team-autographed baseball. I collect Padres items, and was very interested in the baseball, but I'll be damned if I'm going to pay a premium for it because I'm also forced to also be bidding on a 1975 Reds (World Champions) baseball!

Steve

Resellers like everything but the kitchen sink variety lots (at bulk discount), collectors don't. My scenario #2 allows the collectors to join in on the bidding-- which is good for the consignor. Resellers like the lots because they break them down and resell at markup the smaller pieces to the same collectors.

And I agree that scenario #2 may point to the auction house bundling together the items poorly. Pairing a Madonna autographed corset with a 1957 OPC hocket set may not be the optimal pairing to maximize bidding.

"I don't know. There's this guy in Toronto."

TheNightmanCometh 01-30-2016 09:31 PM

Quote:

Originally Posted by Steve D (Post 1498026)
I still can not understand the rationale of combining different items together into one lot. A good one recently (about 1-2 weeks ago) really ticked me off. A 1971 Padres team-autographed baseball was combined with a 1975 Reds team-autographed baseball. I collect Padres items, and was very interested in the baseball, but I'll be damned if I'm going to pay a premium for it because I'm also forced to also be bidding on a 1975 Reds (World Champions) baseball!

Steve

Are you sure it wasn't just a lazy seller using a pic of both baseballs and only selling one of them? :D

Vintagefun 01-30-2016 10:00 PM

Quote:

Originally Posted by ullmandds (Post 1498024)
Shill shillery shill shillery shill shill shillroo!

Why take a C Note when I can take two

mickeymao34 01-30-2016 10:03 PM

Quote:

Originally Posted by RichMcGillicuddy (Post 1497933)
It isn't rocket science. It becomes real when they start naming names.

Realize the list is after the evidence was shredded and represents couple of years worth of auctions about 8 years ago. I seem to remember getting those catalogs all the way back in the 1990's. If you think this didn't happen before and after those dates and still happens every week on eBay, stick your head back in the sand. It would be scary to get that information from eBay across the last 20 years.

Also, for the group that says "I don't have a problem with that". It distorts pricing across the whole market.

At the end of most auctions, that email goes out stating "over X million sold". Or "highest price ever for X". They have a vested interest in higher sales. The grading companies, same thing. PSA XXX sold for some new high...

It is a thinly transacted market (pre war). Some cards may have 1's or 10's data points a year (or less) of pricing data points (I don't have a membership to VCP but that would be an interesting stat to gather on the # of data points/year for some of the commonly shilled items).

Paying a BP (on a shill in the scenarios provided earlier) to get a 50%-100% bump in price makes perfect sense when the market always goes up and you could protect your investment to sell higher later.

Does everything always sell for more, no. I've had mixed results. I would expect that. But I don't have friends protecting my investment.

Does it happen 100% of the time, no. But it is much wider than the glimpse that was provided in that list.

Will it stop me from bidding on cards, no. So ultimately, it won't stop until all the money stops flowing on cards at AH or brokers on eBay that are even suspected of participating. This information is years old and Legendary was still getting lots of activity and high prices all the way to the end.

My two cents... It has been a fascinating read...

Rich McGillicuddy

will said

drcy 01-31-2016 01:06 AM

Also remember that Mastro was taped as saying (according to him) that most of the high grade cards in holders are altered. I, for one, think the whole high grade section of the hobby is a farce and a crock.

In psychology there is a concept called swarm intelligence. I've often said that humans often exhibit swarm stupidity.

1880nonsports 01-31-2016 03:42 AM

when you're dead
 
- you don't know it. It only bothers other people. It's the same when you're stupid.

Leon 01-31-2016 06:36 AM

Quote:

Originally Posted by 1880nonsports (Post 1498107)
- you don't know it. It only bothers other people. It's the same when you're stupid.

Now that is funny.


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