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Old 01-30-2016, 10:46 AM
jboosted92 jboosted92 is offline
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Join Date: Jun 2009
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Quote:
Originally Posted by mickeymao34 View Post
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.

That logic is crazy....so they pay for it twice?

If i have an item that i paid $1000.00 for, but i want to sell it for $10,000.... and it reaches only $7,000...why the F would i pay 7k, only to hope it sells for 10k later?