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Old 01-14-2015, 12:21 PM
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drcy drcy is offline
David Ru.dd Cycl.eback
 
Join Date: Jul 2013
Posts: 3,473
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Shilling often is not used as a reserve, but to get the most money out of the bidder above and beyond any so-called reserve.

An example is a consignor in a $9.99 minimum bid auction who is willing to let a card go for $50, a bidder who sets a maximum bid of $75, and the consignor shilling (via bidding and subtracting bids) to get the bidder to pay the $75. If the max bid is $125, the consignor would try to get the bidder to pay that.

Last edited by drcy; 01-14-2015 at 12:30 PM.
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