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Old 02-22-2012, 07:03 AM
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Dan Bretta
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Join Date: Apr 2009
Location: Lincoln, Nebraska
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Quote:
Originally Posted by Peter_Spaeth View Post
That sounds like a hidden reserve, which I personally don't mind. How is it any different than starting the auction at a minimum bid? Granted, the latter would be cleaner.

To be clear, I think shill bidding -- that is, placing a bogus bid whose only purpose is to bump a different bidder to a higher level -- is wrong.

is it a perfect distinction? No, probably not. Can one posit examples where the effect is going to be similar? Probably. But to me intent does matter, and placing a bid with intent to win feels different from placing a bid with the intent to run someone else up.
Okay, but just remember that Huggins and Scott has dibs on the bargains.
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