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Johnny630 02-08-2020 07:33 AM

What bothers me most is the Alleged Continuous Shill Bidding By the Same Auction House that is supposed to be under investigation.

Question for auctioneers.....

if you have a group of investors in your company whom consign their cards with you say if they bid on their own cards and win it back do they have to pay or can they say they’re investors said card will go back into their vault because I’m an investor in there company ? I have no idea but the thought has crossed my mind that this is maybe legal ??? I don’t know curious to hear from some auctioneers

bnorth 02-08-2020 08:44 AM

Quote:

Originally Posted by Johnny630 (Post 1953637)
What bothers me most is the Alleged Continuous Shill Bidding By the Same Auction House that is supposed to be under investigation.

Question for auctioneers.....

if you have a group of investors in your company whom consign their cards with you say if they bid on their own cards and win it back do they have to pay or can they say they’re investors said card will go back into their vault because I’m an investor in there company ? I have no idea but the thought has crossed my mind that this is maybe legal ??? I don’t know curious to hear from some auctioneers

I am no auctioneer nor did I stay in a Holiday Inn Express last night. I do know about shill bidding though. It is done 2 ways most of the time when the winner is really shilling.

The shill bidder pays for the item and all the fees. This is still shill bidding even though the shiller paid because their plan was to inflate the price. I have seen shillers say that as long as they pay it is OK. To me it is just an excuse used by a POS.:)

The other main one is the seller just cancels the sale to avoid fees.

Both of these happen a LOT.

Then there is also just the opposite. People don't fallow through with sales because they did not bring enough $ at auction. Then they relist the same item over and over till it brings the price they want. What is even funnier is all the posts asking "what can I do, the seller canceled and won't send me the item I won". Answer is nothing.:)

I love this hobby.:D

Johnny630 02-08-2020 08:53 AM

Quote:

Originally Posted by bnorth (Post 1953658)
I am no auctioneer nor did I stay in a Holiday Inn Express last night. I do know about shill bidding though. It is done 2 ways most of the time when the winner is really shilling.

The shill bidder pays for the item and all the fees. This is still shill bidding even though the shiller paid because their plan was to inflate the price. I have seen shillers say that as long as they pay it is OK. To me it is just an excuse used by a POS.:)

The other main one is the seller just cancels the sale to avoid fees.

Both of these happen a LOT.

Then there is also just the opposite. People don't fallow through with sales because they did not bring enough $ at auction. Then they relist the same item over and over till it brings the price they want. What is even funnier is all the posts asking "what can I do, the seller canceled and won't send me the item I won". Answer is nothing.:)

I love this hobby.:D

It’s a major headache Ben isn’t it !!

My question is what is legal and when is it not, the scenario I outlined above I’m most concerned about.

Only what’s legal and what isn’t. Not ethical not against best practice not slime ball just what’s Legal and when is it Illegal

ejharrington 02-08-2020 03:48 PM

Quote:

Originally Posted by irishdenny (Post 1953592)
i'm not Leon... :)
Howevar, i do believe this is what they were talkin' about:

Denny - if you have the rest of the article, do you mind posting that as well?

Exhibitman 02-09-2020 08:12 AM

The only problem with setting up any anti-PSA booth at Atlantic City is Atlantic City. I am giving the show a hard pass this year. Based on the last one, not worth a 12 hour trip each way to bedbug town.

perezfan 02-09-2020 01:03 PM

Quote:

Originally Posted by Exhibitman (Post 1953912)
The only problem with setting up any anti-PSA booth at Atlantic City is Atlantic City. I am giving the show a hard pass this year. Based on the last one, not worth a 12 hour trip each way to bedbug town.

TRUE. I would never bother with Atlantic City...

Chicago (the following year) would be preferable in terms of its impact, logistics, planning time, and simply reaching a far greater number of people.


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