Thread: shill bidders?
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Old 07-16-2014, 08:25 AM
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Jason S!m@nds
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Join Date: May 2010
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Quote:
Originally Posted by Peter_Spaeth View Post
To me, red flags are where bidders not only have a high percentage of bidding with the seller, but ALSO have a high number of retractions -- suggesting they are consignors who run auctions up until they top the high bidder, then retract; or set a high target to induce other bidders to go higher and then retract. This particular auction does not seem suspicious.
There was a thread a while back where someone accused Sean/Greg Morris of shilling a bunch of 1960 Topps Tatoos. The bidder had sveral retractions, a high percentage with GM and seemed to bid often. It was later established that the bidder wasn't shilling. I don't think it's nearly as easy to spot shill bidders than members lead to believe. A good start:

A high percentage of bids with the seller; and
A large number of retractions; and
Low feedback; and
Whole number bids in a sporadic increments.

I only see maybe one of those things here. Certainly not enough to out an auction and accuse people of shilling, but what do I know.
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