Quote:
Originally Posted by MantleBham
What I don’t get is this. Shill bidding or not is irrelevant. They couldn’t have a viable business unless someone at the end of the chain is paying. It might be the second chance offer, but someone is paying a highly inflated price in the end.
Why?
PWCC auctions routinely close higher than many BIN listings, who the hell is bidding above the BIN from other sellers?
That’s insanely stupid!
Case in point 4 sharp corners had a 1984 Fleer Update Puckett PSA 9 for $147, the PWCC auction closed at $202, what morons are bidding up that extra $60? It can’t just be shill bids, or they wouldn’t have a business.
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It's not rocket science,. It boils down to fleecing new consignors Into sending items that do sell for real bids, much lower than last sales.