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Old 01-30-2016, 10:14 AM
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mickeymao34 mickeymao34 is offline
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Join Date: Aug 2014
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Quote:
Originally Posted by jboosted92 View Post
I see some where (For example)


Consignor: John Doe

Shill Bidder: Paul Smith

Winnnig: Paul Smith


how does that qualify as shill if he won it?
the purpose of the shill bid is to move the increment up a notch or two and generate a higher (real) bid. Sometimes the shill fails and the shiller or consignor wins they're own lot back. Or possibly the consignor feels item is simply going for too low and wins item back rather than lose out $$ wise.

Last edited by mickeymao34; 01-30-2016 at 10:21 AM. Reason: (SIC)