Update on PWCC Bid Monitoring Program

[Republicaninmass]

Originally Posted by Bored5000

As far as non-paying bids, why would anyone buy an expensive item then not pay if the goal if just to build up your suggested 10 feedbacks. The easy way around that would simply be to buy 10 items at 99 cents or "buy" from yourself/a friend with a different account to simply build up feedback.

I've been convinced for a while that some of these said consignors/consignees have multiples people/multiple accounts bidding up items

edited: the watch count alone, having HUNDREDS more than others sellers with the exact same items, lends credence to this theory

[bobbyw8469]

Originally Posted by Republicaninmass

I've been convinced for a while that some of these said consignors/consignees have multiples people/multiple accounts bidding up items

edited: the watch count alone, having HUNDREDS more than others sellers with the exact same items, lends credence to this theory

Agreed...I can sell the EXACT same card and grade and get nowhere near the watch count, bids, nor final sales price. And I am OK with that.

[nrm1977]

Originally Posted by Republicaninmass

I've been convinced for a while that some of these said consignors/consignees have multiples people/multiple accounts bidding up items

edited: the watch count alone, having HUNDREDS more than others sellers with the exact same items, lends credence to this theory

I agree 100%.

On a side note, I still don't understand why there are 40+bids on an auction that is 10 days long with 9 days left. To me, this makes no logical sense. Meaning, why are bidding wars occurring with 9 days left on a 10 day auction? This alone is a huge red flag. What is stopping a cosigner to have 10 of his buddies drive the price up on day 1 of a 10 day auction? Which IMO is happening a decent amount in PWCC auctions.

Maybe I'm just not following why someone would even bid on a 10 day auction on day number 1? If I'm interested in a said auction, it first goes in my watch-list, I then look for other similar examples of the card on ebay, I come up with a price I'm willing to pay and place my bid with 10 seconds left. I can understand a bunch of bids coming in on the last day of the auction but, not on day 1 of a 10 day auction. It's very suspect to me.

[Peter_Spaeth]

Nick as i have said for years this seems to happen over and over on many of their big ticket cards.

[D.P.Johnson]

Originally Posted by nrm1977

I agree 100%.

On a side note, I still don't understand why there are 40+bids on an auction that is 10 days long with 9 days left. To me, this makes no logical sense. Meaning, why are bidding wars occurring with 9 days left on a 10 day auction? This alone is a huge red flag. What is stopping a cosigner to have 10 of his buddies drive the price up on day 1 of a 10 day auction? Which IMO is happening a decent amount in PWCC auctions.

Maybe I'm just not following why someone would even bid on a 10 day auction on day number 1? If I'm interested in a said auction, it first goes in my watch-list, I then look for other similar examples of the card on ebay, I come up with a price I'm willing to pay and place my bid with 10 seconds left. I can understand a bunch of bids coming in on the last day of the auction but, not on day 1 of a 10 day auction. It's very suspect to me.

I think someone mentioned before they like to bid this way (early and often), to scare other bidders away. I wouldn't do it, but I guess it makes a little bit of sense. But, yeah...it happens quite a bit with this seller...

[bnorth]

Originally Posted by nrm1977

I agree 100%.

On a side note, I still don't understand why there are 40+bids on an auction that is 10 days long with 9 days left. To me, this makes no logical sense. Meaning, why are bidding wars occurring with 9 days left on a 10 day auction? This alone is a huge red flag. What is stopping a cosigner to have 10 of his buddies drive the price up on day 1 of a 10 day auction? Which IMO is happening a decent amount in PWCC auctions.

Maybe I'm just not following why someone would even bid on a 10 day auction on day number 1? If I'm interested in a said auction, it first goes in my watch-list, I then look for other similar examples of the card on ebay, I come up with a price I'm willing to pay and place my bid with 10 seconds left. I can understand a bunch of bids coming in on the last day of the auction but, not on day 1 of a 10 day auction. It's very suspect to me.

The reason for all the early bidding is so the item gets more views. If you do not use a specific search function the items with more bids/views show up higher on the list. This early bidding/shilling is done by a few people to get their items more views.