Quote:
Originally Posted by ls7plus
+1. It's hard to get taken if you simply bid what you're willing to pay, and have an awareness of the fair market value. Is there an entitlement to a bargain price, where the bidding putters out at a figure well below fair market value? True bargains on really rare and significant items simply don't come along very often. As we've discussed before, more than one major auction house has permitted shill bids to "Cha-Ching" an item to a higher level, up to but not exceeding a max bid, where the confidentiality of the maximum bid was not respected.
Interesting issue,
Larry
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This horse has been beat to death in previous threads, but you're missing the fact that shilling artificially increases "fair market value." Shilling frauds honest collectors both directly and indirectly.