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#1
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Quote:
You see it, think it's value is $1,000 and place a snipe for $750. Heading into the final minute of the auction I see the card has no bids and use a different account to place a bid of $500 within the final seconds. The auction ends with two bids -- mine and yours. You win the card for $505, more than $200 less than what you were willing to pay!!!!! Had I not shilled it, you would have paid .99. Using your logic, you didn't get shilled or cheated because you paid less than what you were willing to. I know this example is unrealistic and very simple. I did it that way so its easy to understand. But the number of bids, the amount of bids and the timing the bids are placed makes no difference. A buyers state of mind or what he's "willing" to pay add nothing to the definition of shilling or being cheated. |
#2
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JC,
You may have a more expansive view of what constitutes a "true auction" than others.
__________________
Check out my aging Sell/Trade Album on my Profile page HOF Type Collector + Philly A's, E/M/W cards, M101-6, Exhibits, Postcards, 30's Premiums & HOF Photos "Assembling an unfocused collection for nearly 50 years." |
#3
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Great news! Now maybe you can focus on; asking clients to bid on items?
__________________
Nick M |
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